2 Bedrooms Flat for sale in Blackwall Reach, London E14 | £ 137,500
Overview
| Price: | £ 137,500 |
|---|---|
| Contract type: | For Sale |
| Type: | Flat |
| County: | London |
| Town: | London |
| Postcode: | E14 |
| Address: | Blackwall Reach, London E14 |
| Bathrooms: | 0 |
| Bedrooms: | 2 |
Property Description
Eligibility:
You can apply for an apartment at Blackwall Reach using shared ownership if:
- You do not own a property and have a household income less than £90,000 per annum
- You agree to have a preliminary discussion with our recommended mortgage advisor to assess your affordability
- You have a deposit and are approved for a mortgage by our recommended mortgage advisor
- You pay a £500 reservation fee, which takes your preferred apartment off the market
- You provide the details of your chosen solicitor
- You exchange contracts within 28 days of receipt of contracts by your solicitor, giving you time to raise any questions and finalise your mortgage Please note, your £500 reservation fee goes towards the cost of your apartment, but you will have additional costs such as legal and conveyancing fees.
Description:
Blackwall Reach shared ownership scheme offers you the chance to buy a share of a modern and spacious apartment and pay rent on the remaining share. You use your deposit and a mortgage to buy your share, anything from 25% to 75% of the price, and pay a subsidised rent each month on the remaining share.
You can increase the amount you own up to 100% in the future using a process known as 'Staircasing'.
Property Location
Property Marketed by CBRE
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