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L&Q at The Silk District

Shared ownership

Cavell Street, Whitechapel, E1 2JA

For salenew home
Shared ownership
Photo of L&Q at The Silk District
Live from space album cover
  • from

    £124,375

    1 bedroom

  • from

    £140,625

    2 bedroom

from

TBD

with min. deposit

TBD

L&Q London

£124,375

1 bedroom flat

£125,625

1 bedroom flat

£140,625

2 bedroom flat

£144,375

2 bedroom flat

Availability

For sale

For sale

For sale

For sale

Minimum share

25%

25%

25%

25%

Full market price

£497,500

£502,500

£562,500

£577,500

Deposit from

£12,438

£12,563

£14,063

£14,438

Monthly rent

£653

£660

£738

£758

Monthly service charge

£248

£255

£308

£308

Reservation fee

£500

£500

£500

£500

Bedrooms

1

1

2

2

Bathrooms

1

1

1

1

Reception rooms

1

1

1

1

Furniture status

unfurnished

unfurnished

unfurnished

unfurnished

Floor area

50

51

63

63

Number of floors

1

1

1

1

Entrance floor

1st floor

3rd floor

1st floor

7th floor

Tenure

leasehold

leasehold

leasehold

leasehold

Property features

BalconyTerrace
BalconyTerrace
BalconyTerrace
BalconyTerrace

Overview

A collection of 1 & 2 bedroom homes in Whitechapel, East London

Reserve now to receive a bespoke interior design package worth up to £3,000!

1 bedroom apartments from £124,375 for a 25% share*
2 bedroom apartments from £147,500 for a 25% share*

A contemporary home, a city lifestyle. Discover a new side of London with L&Q at The Silk District. An exciting new address in the heart of Whitechapel. Every apartment offers a modern interior that maximises light, space and comfort, while retaining all-important practicality. Each one has been finished to the highest standard, with fully integrated appliances, a contemporary specification, and its own …

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

TBD

with min. deposit

TBD

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