Shared ownership at Forum House, Brent, HA9 0HL

Forum House

Empire Way, Brent, HA9 0HL

For salenew home
Shared ownership
Live from space album cover

from

£390,000

2 bedroom

Register interest

from £97,500

with min. deposit £9,750

£97,500

2 bedroom Flat

Availability

For sale

Minimum share

25%

Full market price

£390,000

Deposit from

£9,750

Monthly service charge

£201

Bedrooms

2

Bathrooms

1

Reception rooms

1

Number of floors

1

Entrance floor

2nd floor

Tenure

leasehold

Overview

The Forum House property is a self-contained flat situated on the second floor, of six-storey block with lift facility built approximately 9 years ago benefitting from a private balcony, communal garden and 24hr concierge. The lease remaining on the property is 116 years and is available through shared ownership in Wembley.

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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