Shared ownership at Sanctuary Housing Association, Waltham Forest, E17 4FF

Sanctuary Housing Association

Fulbourne Road, Walthamstow, London, E17 4FF

For sale
Shared ownership
Live from space album cover

Overview

35% share of a substantial luxury 3 bedroom, first floor leasehold apartment, brand new in 2015 with clean modern décor and fittings. The block is located on the site of the former grand Goss Springs factory.   The flat has a total area of 102 MSQ including balconies and external storage. Key unmissable features include a large separate kitchen and living room with beautiful oak flooring, underfloor heating, two modern tiled bathrooms (one ensuite), two roofed terrace areas, huge windows and ample storage. It is unfurnished and there are chrome sockets throughout.  ITEMS INCLUDED IN THE SALE • Electrolux integrated ...

Features

Off street parking

Bedrooms3
Bathrooms2
Reception rooms1
Number of floors1
Entrance floorGround floor
Tenureleasehold

Register interest

from £175,000

with min. deposit £8,750

35% Share from
£175,000
Full market price
£500,000
Minimum deposit
£8,750
Monthly rent
TBD
Monthly service charge
£197
Annual ground rent
TBD
Reservation free
TBD
Administration free
TBD

Sanctuary Homes

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.

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