Ridley Court - GEN7

Local Transport Oakleigh Park – 1 mile Southgate – 1.3 mile Totteridge & Whetstone – 1.5 miles...
Register interest
from £105,000 with min. deposit £10,500Overview
Raised ground floor two-bedroom home in the London borough of Barnet for £105,000 [30%] share price of £350,000 full market price), available through Shared Ownership.
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SPECIFICATION
Ground floor
Communal entrance hall and lift.
Raised Ground Floor
Hallway, reception room/kitchen, two bedrooms and bathroom/WC.
External
Balcony, communal gardens and allocated car space
Accessibility rating
A
GIA
56 sq.m
EPC rating
C
Length of lease
143 years
Borough
Barnet
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ELIGIBILITY
You will need to be earning a guidance income of £38,921. You will need access to savings of at least £4,000 to cover the cost of buying the home. A minimum 10% deposit approx.£10,500. Total approximate savings required £14,500.
Important borough specific eligibility criteria
Barnet.
Applicants must be earning under £90,000 to be eligible for one, two and three bedroom apartments.
If you are an existing homeowner we will not be able to allocate you a home unless you have found a buyer for your existing home and are deemed to be in need of housing by your local council.
Monthly Fees
**Monthly Mortgage: £531.08
Monthly Rent: £347.49
Service Charge: £201.49
Estimated Total (per month): £1,080.06 excluding council tax
*Estimate – The monthly mortgage is based on an interest rate of 4.5% with a capital and interest repayment over 25 years. It is based on a 10% mortgage. The rent may increase each year, the increase calculation will be specified in the lease.
FAQs
You can read more on the Help to Buy FAQ
Read more about eligibility in the FAQ