Pelham Place, London, W13

*OPEN EVENT - SATURDAY 23RD AUGUST - PLEASE CALL TO BOOK YOUR SLOT*

*SHARED OWNERSHIP - 55%*

Property Solutions Group are pleased to present to the market this exciting opportunity to purchase a share in this two bedroom apartment. Offered with no onward chain.

Reception Room
Measuring approximately 4.85m x 4.27m (15'11" x 14'0"), the reception room provides access to the property's main living area. It features an external door and a window facing the front of the property.

Kitchen
The kitchen is approximately 3.41m x 1.97m (11'2" x 6'6") and is accessible from the reception room. It is fitted with cooking facilities and includes a window for natural light and ventilation.

Bedroom 1
The first bedroom measures approximately 4.16m x 3.11m (13'8" x 10'2"). It is positioned at the front of the property and includes a window.

Bedroom 2
The second bedroom is approximately 3.16m x 2.91m (10'4" x 9'7"). It is also located at the front of the property and includes a window.

Bathroom
The bathroom is approximately 1.92m x 1.91m (6'4" x 6'3") and includes standard bathroom fittings. It is located off the hall and has a window.

Please note, any purchaser of the property will be liable to Eligibility and Affordability requirements via the Guinness Partnership. Please ensure you have read & understood the below:

As a guide, it will usually take the Guinness Partnership 10 - 15 working days to process a buyer's application subject to them providing all requested documents.

To qualify for a shared ownership property the buyers must:

* Be at least 18 years old
* Have a cumulative annual household income of less than £80,000
* Be first time buyers or if they do already own a home, they must be in the process of selling it
* Be able to demonstrate that they have a good credit history (no bad debts or County Court Judgements) and can afford the regular payments and costs involved in buying a home
* Satisfy the affordability assessment carried out by an approved Mortgage Broker, using no more than 45% of their net monthly income (minus commitments) on their housing costs

In order to assess an application they will require the following documents from each applicant, if buying jointly:

* Photo page of passport (and visas if applicable)
* Payslips covering the last three consecutive months and latest P60 for employed applicants or the last three years of audited accounts and SA302 forms with accompanying Tax Year Overview from the HMRC for self employed applicants
* Itemised bank statement covering the last three consecutive months. This should show salary and rental payments and any direct debits appropriately annotated
* Proof of savings or a gift letter accompanied by evidence of available funds that must be sufficient to cover buying costs and a mortgage deposit
* Current loan and credit card statements covering the last three consecutive months
* Two items of proof of your residential address for example a utility bill or council tax bill. Mobile phone bills are not an acceptable form of proof of address

This property is sold as seen in its current condition, excluding chattels and has been priced accordingly.

A purchaser whose offer is accepted by the seller will be required to pay Property Solutions Group (South East) Limited an administration fee of £500 in order to proceed to contracts, refundable only if the seller withdraws from the proposed transaction without reasonable grounds.

The purchaser will be responsible for paying Property Solutions Group (South East) Limited a buyer's premium of £5,000 or 2.5% (whichever is the higher) of the total purchase price paid for the property and any contents plus VAT. The buyer's premium will become due and payable by the purchaser to Property Solutions Group (South East) Limited on exchange of contracts. Terms and conditions apply.