SHARED OWNERSHIP
Pemberton House
Share Price (35%) £108,500
Full Value Price £310,000
SHARED OWNERSHIP
Pemberton House
Share Price (35%) £108,500
Full Value Price £310,000
Property reference number: 1639343
- Nearest stations: Boston Manor, Hanwell
Bus routes nearby: 483, 282, 95, 207, SL8
Key features:
Terrace and patio
Modern kitchen with integrated appliances
Secure bike storage
Communal garden
Central heating
Fitted wardrobe
What happens after I register my interest?
After registering your interest for a Peabody home, you will receive an email confirmation from us. The email will confirm what you need to do next to secure a property viewing which includes completing a financial assessment with a mortgage advisor and completing the Shared Ownership Application Form.
If you don’t receive this email within an hour of your registration, please check your spam or junk folders and set your spam filter to allow incoming emails from Peabody. If you still haven’t received the email after checking here, please contact enquiries@peabodynewhomes.co.uk and our team will be able to help you.
What is Shared Ownership?
Available to purchase through Shared Ownership, purchasers are able to buy as much of the property as they can afford, from 25 - 75%, paying a low-cost rent on the remaining unpurchased 'share' of the home. What's more, your mortgage deposit is based on the value of the share you buy, not the full market value, making these high-spec homes even more affordable in such a sought-after location.
Financial information
- Tenure: Leasehold
- Remaining lease term: 119 Years
- Annual ground rent amount: £250
- Ground rent review period: Every 21 years
- Annual service charge amount: £2,567.64
- Service charge review period: 1st April annually
Council tax band: Band C
Floorplan
![floorplan](/media/csn/plots/a7d0c174-9e16-ef11-840a-00224807cca1/plot_1000_a7d0c174-9e16-ef11-840a-00224807cca1_FLP_00.jpg?mode=pad&width=1560&rnd=133837021278119164)
Financials*
Full Value
£310,000
Share Price
£108,500
Share Value
35%
Monthly Cost
£1,462
Monthly Mortgage
£580
Monthly Rent
£668
Monthly Service Charge
£214
Minimum Household Income
£61,500
Maximum Household Income
£90,000
Deposit Required
£12,163
*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. Please note that applicants will be expected to purchase the maximum share that is sustainable for them. 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 New Homes team for more details.
Location
Pemberton House, Denman Avenue, Southall, Ealing, UB2 4FX Open in Google Maps