Reserve a selected Shared Ownership home between 1 September - 11 October with a £99 reservation fee, plus receive £2,000 towards buying costs*Plot C1-333 bedroom 4th floor apartment offering 88 sq.m of internal floor area with two balconies. Contact a member of our sales team now to view our show home. Full Market Value: £455,000Shared Value (25%): £113,750
Minimum deposit: £11,375
Required income: £50,759
Rent PCM: £597Service Charge PCM: £289.02
Council tax band: TBC Viewings now available by appointment only. Register your interest to find out more. What is Shared Ownership? Under the Shared Ownership scheme you part-own and part-rent your home, making it possible for first-time buyers and families to get on the property ladder. The minimum share you can purchase is 25% and the maximum is 75%. You will usually pay a mortgage on the part you own and a subsidised rent on the part you don't own. Over time, you can increase the share you own until you eventually own 100%.Addiscombe Oaks With convenience at its core, Addiscombe Oaks brings to the market high-quality homes located in one of Croydon's most popular hotspots. Ideal for first-time buyers, Addiscombe Oaks positions you perfectly for easy access into a vibrant and exciting neighbourhood. With BOXPARK Croydon, the Whitgift Shopping Centre, and the Surrey Street Market on your doorstep, there's something for everyone. Contact a member of our sales team today to find out more or book a viewing!L&Q terms and conditions apply. *Incentive terms and conditions apply. Offer is available on all Shared Ownership properties only. Incentive amount is based on the property type and development. For full terms and conditions visit . Shared Ownership terms and conditions apply. Prices start from £113,750 for a 25% share of a 3 bedroom apartment at L&Q at Addiscombe Oaks. Full market value of £455,000. Please visit lqhomes.com/shared-ownership for more information.
The Est. Mortgage is for a 25 years repayment mortgage based on a 10% deposit and a 5.5% annual interest. It is only intended as a guide. 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.
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