Pontoon Reach SO
North Woolwich Road, Newham, E16 2EE
with min. deposit
1 bedroom Flat
2 bedroom Flat
Full market price
Monthly service charge
Number of floors
A stylish collection of 1, 2 & 3 bedroom apartments available through Shared Ownership, with select number of 1 & 2 bedroom wheelchair adaptable apartments available with parking. Featuring contemporary kitchens, modern fittings and fixtures and spacious carpeted bedrooms. The development also benefits from a landscaped communal courtyard and new cycle path for everyone to enjoy creating a welcoming community.
Pricing will be available when this development launches.
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