Fortius House
Fortius House, London, E10 5GX
from
£157,500
with min. deposit
£15,750
1 bedroom flat
SHARED OWNERSHIP
Full Market Value: £315,000
Share Value (50%): £157,500
Monthly Rent: £328.86
Service Charge: £192.28
Council Tax Band: B
125 year lease commenced August 2014 - 116 years remaining
EWS1 - EWS1 Certification is available for this property
The property is within walking distance of Leyton Midland Road, Walthamstow Central and Walthamstow Queens Road stations, as well as Leyton underground and Leytonstone underground stations. Local bus routes are minutes away serving Stratford, Walthamstow and Central London. Local amenities are within walking distance in Lea Bridge Road including shops, restaurants and pubs. The …
Features
| Bedrooms | 1 |
| Bathrooms | 1 |
| Reception rooms | 1 |
| Floor area | 44.1 |
| Number of floors | 1 |
| Entrance floor | 4th floor |
| Tenure | leasehold |
| Lease years | 116 |
| EER Current | 86 |
| EER Potential | 86 |
| EIR Current | 87 |
| EIR Potential | 87 |
| Key Information Document |
from
£157,500
with min. deposit
£15,750
L&Q
FAQs
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
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