Floor plan of a 2BR in Brunel Street Works, London

2BR apartment for sale in Brunel Street Works | Korter

Silvertown Way, E16 1EA (Block D)

London, Royal Victoria

£‍‍599 995

2 room

apartment

Development

Brunel Street Works

Developer

Linden Homes

Actual for

20 February 2022

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Brunel Street Works

sales office

Building location

Mortgage in Brunel Street Works

Help to Buy

Help to Buy is a government-backed scheme that aims to help first-time buyers onto the property market with an equity loan (also known as shared equity) of up to 40% of the value of a new build home.

Requires only 5% deposit
Only a 55% mortgage required
40% Government equity loan (interest free for the first 5 years)
Available on new build homes up with a value of up to £600,000

Eligibilty Criteria

Requirements:

Minimum age of 18 years.
Must be first-time buyer.

Not allowed:

Owning a home or land anywhere in the world at any time.
To have had any form of sharia mortgage finance.
Owning a home bought with other people or inherited.
Being married or in a co-habiting relationship, either now or on legal completion with anyone who owns or has owned a home or land anywhere in the world.
Purchasing a second home

There are certain price limits on homes you can purchase with an equity loan. The limit varies for each region in England.

Region	Full property price limit
East	£407,400
East Midlands	£261,900
London	£600,000
North East	£186,100
North West	£224,400
South East	£437,000
South West	£349,000
West Midlands	£255,600
Yorkshire and The Humber	£228,100