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Chancery Building - 5th Floor

Shared ownership

Nine Elms, London, SW117AS

For sale
Shared ownership
Photo of Chancery Building - 5th Floor
Live from space album cover

from

£357,500

with min. deposit

£35,750

65% Share from
£357,500
Full market price
£550,000
Minimum deposit
£35,750
Monthly rent
£89
Monthly service charge
£288

1 bedroom flat

Once you have registered your interest, you will receive an email to book your viewing.

This apartment in Chancery Building is a one double-bedroom property located in the heart of Zone 1 - Wandsworth. The property is well located just a stone's throw from the River Thames with good transport links including Vauxhall Overground and Underground just 0.6 miles away (5 minutes into London Waterloo and access to Victoria Line) as well as Battersea Park station just 0.7 miles away (4 minutes into London Victoria). The new Nine Elms & Battersea Park underground stations just 0.25 miles away. Local buses serve the area to Central London for quick …

Features

Bedrooms1
Bathrooms1
Reception rooms1
Furniture statusunfurnished
Number of floors1
Entrance floor5th floor
Tenureleasehold
Lease years119

from

£357,500

with min. deposit

£35,750

65% Share from
£357,500
Full market price
£550,000
Minimum deposit
£35,750
Monthly rent
£89
Monthly service charge
£288
Peabody

Peabody

FAQs

Shared ownership is a government-backed scheme, designed to make stepping onto the property ladder more affordable. You buy a portion of a home normally with a mortgage and a deposit, and pay a low-cost rent on the rest.

Read more on the Shared Ownership FAQ

Help to Buy is an equity loan scheme to help you buy a new home. If you have a 5% deposit and can cover 75% of the value of the home with a mortgage (or 55% in London), the Government will lend you up to the remaining 20% (40% in London) in the form of an equity loan that carries 0% interest in the first 5 years. This is available on a variety of new-build properties for first time buyers and is subject to the property price, the subsequent price cap in that region and the developer offering the option.

You can read more on the Help to Buy FAQ

The rules for shared ownership are different to a private purchase. In short, as long as you don’t currently own, or won’t own another property when you move in to a new home, you’re likely to qualify. Help to Buy is available to first time buyers only and the property value itself must fall below a price threshold for that specific area which varies in terms of the average house price in the region.

Read more about eligibility in the FAQ

Some properties require you to live or work in the local area in order to be eligible to buy them. By knowing the areas in which you live and work, we can make sure you see everything available to you.

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