SHARED OWNERSHIP
Mawson Court
Share Price (50%) £230,000
Full Value Price £460,000
SHARED OWNERSHIP
Mawson Court
Share Price (50%) £230,000
Full Value Price £460,000
This wonderful property is centrally located on Shoreditch park in Hackney nearby to both Hoxton and Old Street stations, offering fantastic transport links. The home also has an allocated parking space making it equally convenient for car owners.
- Nearest stations: Hoxton, Old Street
- Bus routes nearby: 271, 21, 141, 73, 341
- Spacious living area with lots of natural light
- Floor-to-ceiling windows and open plan kitchen.
- Patio with direct access from living room
- Allocated parking space
- Integrated appliances
- Underfloor heating
- Fitted wardrobe
You will receive an email confirmation that will confirm next steps including how to book a viewing, completing a financial assessment with a mortgage advisor and completing a 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, please contact enquiries@peabodynewhomes.co.uk and our team will be able to help you.
What is Resale Shared Ownership?
Through Shared Ownership you can buy up to 75% of the property, 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 homes even more affordable than buying through private sale. With resale properties, you must purchase your first share at the percentage the existing leaseholder owns or more.
Financial information
- Tenure: Leasehold
- Remaining lease term: 106 years
- Annual ground rent amount: One peppercorn
- Ground rent review period: N/A
- Annual service charge amount: £1,709.52
- Service charge review period: Annually
- Council tax band: C
Floorplan
Financials*
Full Value
£460,000
Share Price
£230,000
Share Value
50%
Monthly Cost
£1,776
Monthly Mortgage
£1,241
Monthly Rent
£392
Monthly Service Charge
£142
Minimum Household Income
£67,000
Maximum Household Income
£90,000
Deposit Required
£23,000
*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. 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
Mawson Court, Gopsall Street, London, Hackney, N1 5HN Open in Google Maps