Get brand editions for jdm, Blackheath

2 bedroom flat for sale

Collier Court, Cambridge Drive

Sold STC £435,000

Property Description

Key features

  • Spacious 2 bed first floor flat
  • Balcony and parking space
  • Only a couple of years old, so still like new
  • Help To Buy or Share To Buy available

Full description

Tenure: Leasehold

Lovely 2 bed first floor flat with balcony and parking, only built a couple of years ago as a shared ownership property. It can now either be bought outright as a normal purchase or buyers can use the Help To Buy or Share To Buy schemes, subject to meeting certain criteria. Very convenient location with Lee Station about half a mile. Sainsbury's and other shops at Lee Green is a 5 minute walk and Blackheath Village is about a mile.

With the Share to Buy Scheme you can purchase a minimum 30% share, which is £130,500. To give an example, in addition to the monthly mortgage payment the current owners, who bought 30%, pay £622.28 on the rental portion. Clarion, the current housing association, have advised that the rental figure should be at a similar level for that percentage of ownership, but it would be confirmed in the management pack once solicitors are instructed.

As this is a shared ownership property, built using government funds, there are certain criteria that a potential buyer must meet before they can go ahead and reserve/buy the property.

The purchasers will need to be registered with the Help To Buy at www.helptobuy.org.uk or Share To Buy at www.sharetobuy.co.uk. This will need to be the full registration (i.e. not just registering in order to browse the site). Once they are registered they will need to let us know their registration number so that we can request a copy of their form from website.

Clarion also need the purchasers to contact their panel financial advisor, TMP, to financially assess their application. Please call TMP on 08707 669 388. Please note that purchasers are not obliged to find a mortgage through TMP if they do not wish to. They will be requested to purchase your maximum affordability.

If the applicants would like to pursue purchasing the property, Clarion will also require the following from each applicant:

Full credit report
Help to Buy/Share to Buy reference number
Proof of savings
If they will be receiving a gift towards the purchase of your property, please submit a letter from the gift-giver which confirms the amount that they will be giving you and also confirms that the amount is a gift and not a loan
3 months' pay slips
Certified proof of address and photo ID for all applicants. Two separate documents will be required
Certification must come from a mortgage advisor, solicitor, accountant, bank manager, doctor or member of the Clergy. The copy needs to have the following words: "I hereby certify this to be a true copy of the original" with their name and signature''. All documents must be copied in colour.
Landlord reference, if applicable
£500 holding fee, which is non-refundable should you withdraw from the sale, but refundable upon completion

A buyer who wishes to purchase the full 100%, Does not need to complete a financial assessment for this or be registered with Help To Buy. They can proceed straight to memorandum of sale after paying the holding fee.

Lease 123 years remaining
Ground rent £250 p.a
Estimated Service Charge 01/04/18 - 31/03/2019 £87.07 per month 


More information from this agent

Listing History

Added on Rightmove:
15 June 2018

Nearest stations

  • Lee (0.2 mi)
  • Hither Green (0.8 mi)
  • Kidbrooke (0.8 mi)
Distances are straight line measurements from centre of postcode

Nearest schools

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To view this property or request more details, contact:

jdm, Blackheath

36 Montpelier Vale, London, SE3 0TA

020 8012 0952 Local call rate

How much will it cost me to call the number displayed on the site?

Standard geographic charges from landlines and mobiles apply and calls may be included in your telecom provider's call package.

Floorplans


To view this property or request more details, contact:

jdm, Blackheath

36 Montpelier Vale, London, SE3 0TA

020 8012 0952 Local call rate

How much will it cost me to call the number displayed on the site?

Standard geographic charges from landlines and mobiles apply and calls may be included in your telecom provider's call package.

Map & Street View

Nearest stations

  • Lee (0.2 mi)
  • Hither Green (0.8 mi)
  • Kidbrooke (0.8 mi)
Distances are straight line measurements from centre of postcode

To view this property or request more details, contact:

jdm, Blackheath

36 Montpelier Vale, London, SE3 0TA

020 8012 0952 Local call rate

How much will it cost me to call the number displayed on the site?

Standard geographic charges from landlines and mobiles apply and calls may be included in your telecom provider's call package.

Disclaimer - Property reference 101801035639. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by jdm, Blackheath. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.

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