Overview
Shared Ownership - Min 25%
Share Price From:
£146,250
Full Market Price
£585,000
Living/Dining/Kitchen
4.4m x 5.0m / 14'5" x 16'7"
Bedroom
2.9m x 4.2m / 9'5" x 13'8"
Bathroom
2.1m x 1.9m / 6'8" x 6'5"
Balcony
3.2m x 1.5m / 10'7" x 5'0"
Total Internal Area: 50.7m2 / 545.7ft2
Total External Area: 5.01m2 / 53.9ft2
Financials
Shared Ownership
Full Value
£585,000
Deposit Required
£14,625
Share Price
£146,250
Share Value
25%
Monthly Cost
£2,016
Monthly Mortgage
£804
Monthly Rent
£1,005
Monthly Service Charge
£207
Minimum Household Income
£71,650
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.
Mortgage calculator
How much could it cost me?
These results are for a repayment mortgage and are 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.
For the latest mortgage rates, visit www.money.co.uk/mortgages.htm