The Foundation
College Terrace, London, E3 5AN
from
£145,000
2 bedroom
from
£145,000
with min. deposit
£7,250
£145,000 2 bedroom flat | |
Availability | For sale |
| Minimum share | 25% |
| Full market price | £580,000 |
Deposit from | £7,250 |
Monthly rent | £996 |
Monthly service charge | £176.58 |
Bedrooms | 2 |
Bathrooms | 2 |
Reception rooms | 1 |
Number of floors | 1 |
Entrance floor | Ground floor |
Tenure | leasehold |
Overview
Final 2 bed apartment available located on the ground floor (Plot 28).
These apartments offer a great opportunity to buy into a striking new development in London’s Mile End, offering two and three-bedroom apartments available through shared ownership in Bow. The Grade II listed site, dates back to the 19th century, home to a series of remarkable schools over the last 175 years including the prestigious Coopers’ Company and Coborn School, one of the city’s oldest academic establishments.
Working with the local authority and English Heritage, developer Jaspar Homes Limited has created an outstanding new address: one that respects the …
FAQs
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
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