Overview
Shared Ownership - Min 25%
Share Price From:
£147,500
Full Market Price
£590,000
Living/Dining/Kitchen
4.1m x 5.8m / 13'6" x 19'1"
Bedroom
3.3m x 4.0m / 11'3" x 13'1"
Bathroom
2.0m x 2.2m / 6'5" x 7'2"
Balcony
3.9m x 1.4m / 12'9" x 4'8"
Total Internal Area: 52.2m2 / 561.1ft2
Total External Area: 5.1m2 / 55.5ft2
Financials
Shared Ownership
Full Value
£590,000
Deposit Required
£14,750
Share Price
£147,500
Share Value
25%
Monthly Cost
£1,935
Monthly Mortgage
£804
Monthly Rent
£922
Monthly Service Charge
£209
Minimum Household Income
£69,720
Maximum Household Income
£90,000
The monthly mortgage, monthly rent, minimum household income and deposit required are all guide figures and will vary depending on your personal circumstances and the mortgage you are able to secure. Applicants will be required to attend a financial interview with a Mortgage Advisor appointed by Peabody to assess affordability in line with Affordable Homes guidelines set by the HCA/GLA. Speak to a member of the Peabody sales team for more details.
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How much could it cost me?
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Make sure you obtain accurate figures from your lender before committing to any mortgage.
Your home may be repossessed if you do not keep up repayments on a mortgage.
For the latest mortgage rates, visit www.money.co.uk/mortgages.htm