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Merrielands

Shared ownership

Merrielands Crescent, Dagenham, RM9 6SJ

Sale under offernew home
Shared ownership
Photo of Merrielands
Live from space album cover
  • from

    £112,875

    2 bedroom

from

£112,875

with min. deposit

£5,644

Latimer

£112,875

2 bedroom flat

£112,875

2 bedroom flat

£117,250

2 bedroom flat

£127,750

2 bedroom flat

£128,625

2 bedroom flat

Availability

Sale under offer

Sale under offer

Sale under offer

Sale under offer

Sale under offer

Minimum share

35%

35%

35%

35%

35%

Full market price

£322,500

£322,500

£335,000

£365,000

£367,500

Deposit from

£5,644

£5,644

£5,863

£6,388

£6,432

Monthly rent

£480

£480

£499

£543

£547

Monthly service charge

£118.83

£115

£128.42

£123

£125

Bedrooms

2

2

2

2

2

Bathrooms

1

1

1

1

1

Reception rooms

1

1

1

1

1

Furniture status

unfurnished

unfurnished

unfurnished

unfurnished

unfurnished

Floor area

69

65

69

72

74

Number of floors

1

1

1

1

1

Entrance floor

1st floor

5th floor

6th floor

9th floor

7th floor

Tenure

leasehold

leasehold

leasehold

leasehold

leasehold

Property features

---
Allocated parkingBalcony
Allocated parkingBalcony

Overview

Clarion would like to introduce Latimer - the home building arm of Clarion Housing Group, which includes Clarion Housing Association. We've always offered homes for outright sale, and now we're starting to include our new shared ownership homes in the Latimer family too.

Award-winning Merrielands

Merrielands is a multi award-winning development providing a contemporary collection of one and two bedroom apartments with a prime location on the fringes of the city. Located in vibrant Dagenham, Merrielands is within easy reach of everything this welcoming and diverse community has to offer while keeping easily connected to the rest of London. 

Open…

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

£112,875

with min. deposit

£5,644

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