£230,750
2 bed flat for saleEbbett Court, Victoria Road W3
2 beds
1 bath
1 reception
EPC Rating: B
About this property
Guideline Minimum Deposit £23,075
Guide Min Income Dual £64.2k | Single £74k
Sixth Floor (building has two lifts)
Approx. 675 Sqft Gross Internal Area
Open Plan Kitchen/Reception Room
Two Good-Sized Double Bedrooms
Secure Bicycle Storage
Highly Rated Schools in the Local Area
Minutes from North Acton Station
Central London/Westfield Within Easy Reach
Interested parties are required to complete the shared ownership common application form []
(Please note the minimum income and deposit requirements for eligibility. You do not need to request a viewing separately once you have completed the application form.)
Housing Association: A2Dominion.
Tenure: Leasehold (currently 99 years from 20/12/2006, being extended to 990 years).
Minimum Share: 65% (£230,750). The housing association will expect that you will purchase the largest share affordable.
Shared Ownership Rent: £324.37 per month (subject to annual review).
Service Charge: £260.31 per month (subject to annual review).
Guideline Minimum Income: Dual - £64,200 | Single - £74,000 (based on minimum share and 10% deposit).
Council Tax: Band D, London Borough of Ealing. Priority is given to applicants living and/or working in this local authority.
This property is offered for sale in the condition seen. The housing association does not warrant to carry out any remedial or redecoration work of a cosmetic nature unless specifically advised in writing. As a general rule, fitted domestic appliances are included in the sale; non-fitted appliances are not. However the vendor of this property has informed us that the oven and bathroom cabinet are not offered as part of the sale. The information in this document supersedes any information given verbally either in person or by telephone. Pets not permitted (except assistance animals). There is no parking space offered with this property.
What is shared ownership ?
Shared Ownership is a housing scheme designed to help homebuyers who are unable to afford the cost of buying a property outright on the open market. Properties may be sold off-plan or new build direct from housing associations, or pre-owned from existing shared owners. The rules and terms of the scheme are set by the Greater London Authority (gla) in London and Homes England outside of London.
Is shared ownership for you ?
The gla and Homes England set the eligibility criteria for Shared Ownership, but broadly speaking you must:
1. Not own another property in the UK or any other country.
2. Have a household income that falls below £90,000 (£80,000 threshold outside the M25). Every property will have a minimum income level too, determined by its value, rent and service charge costs. In most cases you will need to meet or exceed the given minimum income.
3. Have access to a minimum deposit of 10% of the share being purchased (a minimum deposit of 5% of the share being purchased may be acceptable depending on individual financial status).
4. Be in full time permanent employment.
5. Be a British, EU or eea Citizen or have indefinite leave to remain in the UK.
6. Have a good credit history.
Reception
23' 1" x 11' 3" max. (7.04m x 3.43m)
Kitchen
Included in reception measurement
Bedroom 1
12' 9" max. X 9' 0" (3.89m x 2.74m)
Bedroom 2
12' 4" x 7' 10" (3.76m x 2.39m)
Bathroom
7' 3" max. X 6' 2" max. (2.21m x 1.88m)
Mortgage calculator
£1,154 per month
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The monthly repayments provided are estimates and should be used as a guide only. The actual amount you can borrow will depend on your personal financial situation and subject to a full application. For a more precise estimate, please use the Mojo mortgage calculator. Your home or property may be repossessed if you do not keep up repayments on your mortgage.
More information
Tenure
Leasehold (971 years)
Service charge
£3,124
Council tax band
D
Ground rent
Ground rent date of next review
Shared ownership percentage owned
65%
Shared ownership rent
£324 per month



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