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Forum House

Shared ownership

Empire Way, London, HA9 0HL

For sale
Photo of Forum House
Photo of Forum House
Photo of Forum House
Photo of Forum House
Photo of Forum House
Photo of Forum House
Photo of Forum House
Live from space album cover

1 bedroom flat

Modern 5th floor, one bedroom apartment in the London borough of Brent, available for £105,000 for a 35% share of a full market price of £300,000. Now available to buy with Shared Ownership.

This fifth floor one-bedroom apartment comes with stunning view of Wembley Stadium from the balcony. There’s also the fantastic retail offering 5 minutes’ walk away in London Designer Outlet, home to over 50 outlet stores, 20 restaurants and coffee shops and a nine-screen cinema.

A number of excellent local schools within close proximity to the new homes at Wembley Park with the most recent addition to the area is the internationally-renowned Lycée…

Features

Bedrooms1
Bathrooms1
Reception rooms1
Number of floors1
Entrance floorGround floor
Tenureleasehold

from

£105,000

with min. deposit

£10,500

35% Share from
£105,000
Full market price
£300,000
Minimum deposit
£10,500
Monthly rent
£375
Monthly service charge
£193
Notting Hill Genesis

Notting Hill Genesis

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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