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Hangar 16 Shared Ownership

Shared ownership

Ealing, London, W3 7SB

Coming soonnew home
Shared ownership
Photo of Hangar 16 Shared Ownership
Live from space album cover
  • from

    £130,500

    1 bedroom

from

£130,500

with min. deposit

£6,525

BeWest

£130,500

1 bedroom flat

£133,500

1 bedroom flat

£135,000

1 bedroom flat

Availability

Coming soon

Coming soon

Coming soon

Minimum share

30%

30%

30%

Full market price

£435,000

£445,000

£450,000

Deposit from

£6,525

£6,675

£6,750

Monthly rent

£697

£713

£721

Monthly service charge

£154.33

£159.79

£161.61

Bedrooms

1

1

1

Bathrooms

1

1

1

Reception rooms

1

0

0

Furniture status

unfurnished

unfurnished

unfurnished

Floor area

49.86

52.39

50.7

Number of floors

1

1

1

Entrance floor

1st floor

1st floor

1st floor

Tenure

leasehold

leasehold

leasehold

Lease years

125

125

125

Council Tax Band

N/A

N/A

N/A

Overview

HANGAR 16 - LAUNCHING FEBRUARY 2023

BE WEST are proud to deliver 8x one bedroom apartments available on Shared Ownership in this new mixed-use developments which compromise of commercial space on the lower ground floors and a total of 39 Flats mainly on the upper floors.

Why Hangar 16?
The Newman Building, located at 16 The Vale, Acton, has a long diverse history dating back to the early twentieth century. Hangar 16, in its previous life was an industrial building focused on the world of aeronautical engineering and this history is what BE WEST has drawn upon to bring 21st century life to this historic building by offering a bespoke selection …

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.

from

£130,500

with min. deposit

£6,525

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