Coomassie Road - NH2D
2 Coomassie Road, London, W9 3BW
1 bedroom flat
Raised ground floor 1-bedroom home in the London borough of Westminster for £124,000 at 40% share price of £310,000 available through Shared Ownership.
Raised Ground Floor
Reception, Kitchen, Bedroom and Bathroom with WC.
Length of lease
Monthly Mortgage: £ 627.18
Monthly Rent: £486.09
Service Charge: £ 100 estimated
Admin Fee: £13.50
Council Tax: £672 annually
Estimated Total (per month): £1,226.77 excluding council tax
*Estimate – The monthly mortgage is based …
|Number of floors||1|
|Entrance floor||Ground floor|
with min. deposit
Notting Hill Genesis
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