1BR apartment for sale in London Square Bermondsey | Korter

58 Grange Road, SE1 3BH (Block 4)
£‍‍685 000
from £‍999 / ft2
1 room
apartment
apartment
686 ft2
total area
area
Development
Development
Developer
Developer
Actual for
Actual for
22 November 2021
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More about the house

58 Grange Road, SE1 3BH (Block 4)
8 floors
For sale
Unknown
Completion in Q1 2022
For sale

Mortgage in London Square Bermondsey

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.

RegionFull 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

*Terms and conditions apply

Investment Purchase

Mortgage

We checked the information and the developer's representatives confirmed that units in this residential complex can be purchased by using a mortgage.

Part Exchange

With the Part Exchange program, the developer buys the existing house of the buyer and in turn the buyer purchases a new house from the developer. Benefits include no estate agents fees, no delays, and less stress. 

*Terms and conditions apply

Shared Ownership unavailable
We checked the information and the developer's representatives confirmed that this residential complex does not offer this method of buying
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