Lowen Place Apartments
in London

Price / ft2
from £‍451
Price / m2
from £‍4 851
Address
Lowen Place, Rainham RM13 8PU

Layouts and prices for Lowen Place Apartments

Prices and availability are up to date as of 14 October
2BR
721 ft2
or 67 m2
from £‍451 / ft2
or £‍4 851 / m2
from £‍325 000

Lowen Place Apartments on the map of London

Lowen Place, Rainham RM13 8PU

Development status

Lowen Place Apartments
commissioned
for sale
completed – 1 quarter 2021

Ways to buy an apartment in Lowen Place Apartments

Shared Ownership available

Shared Ownership is a type of affordable homeownership when a purchaser takes out a mortgage on a share of a property and pays rent to a landlord on the remaining share. 

Standard eligibility criteria for Shared Ownership

  • Be at least 18 years old.
  • Annual household income must be less than £90,000 (In London).
  • Annual household income must be less than £80,000 (Outside of London).
  • Not allowed to own another home. If you already own another property (in the UK or abroad), you must be in the process of selling it.
  • Not able to afford to buy a suitable home on the open market.
  • Able to demonstrate that you are not in mortgage or rent arrears.
  • Able to demonstrate a good credit history and show that you are able to afford the regular payments and costs involved in buying a home.
  • Have savings or be able to access at least £4,000 to cover the costs of buying a home. (This is a guideline figure, the actual amount may vary.)

Please note: Eligibility criteria may vary per housing association and therefore you should always check the exact criteria with the developer or housing association responsible for the exploitation of the project.

 

Help to Buy available

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

Mortgage Available

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

Investment Purchase unavailable
We checked the information and the developer's representatives confirmed that this residential complex does not offer this method of buying
Part Exchange unavailable
We checked the information and the developer's representatives confirmed that this residential complex does not offer this method of buying
Rent to Buy unavailable
We checked the information and the developer's representatives confirmed that this residential complex does not offer this method of buying

Project attributes

About the building
Amenities
Landscaped communal garden
Bicycle Storage
Yes
Concierge
No
Gym
No
Height Classification
Mid-rise
Kid’s Facilities
No
Lift
No
Number of buildings
1
Number of floors
5
Offplan
No
Parking
Dedicated parking space
Property Type
Apartments, Duplex apartments
Quality Classification
Affordable
Security & Safety
Smoke detectors
Swimming Pool
No
Title Type
Shared ownership
Warranty
12 year New Home Warranty
About the units
Bathroom
Porcelanosa floor and wall tiles, White bathroom suite including back to wall WC with concealed cistern, hand basin and bath, Overbath shower with thermostatic mixer for hand held shower hose and bath-filler, Shaver socket, Chrome towel rail
Bedroom
Built in white wardrobes to master bedrooms
Communications
BT “Fibre to the Home” installed (separate subscription required), Future provision of SKY Q (subscription required), TV points
Electricity & Lighting
Low energy pendant lighting throughout, with chrome 4-bar track light in kitchen
Ensuite
Seperate shower cubicles
Floor
Mid/light grey carpet to living room, bedrooms and hallways, Porcelain tiled kitchen and bathroom floors
Heating & Cooling
Heat Interface Unit (HIU) system with wall mounted programmable thermostat
Interior Finishes
Polished chrome ironmongery throughout
Kitchen
Symphony kitchen from Colorado range, in dark oak, and ‘Alaska’ white worktop and upstand, Stainless steel splashback behind hob, Integrated Zanussi oven and four ring hob, Brushed stainless steel recirculating cooker hood, One and a half bowl sink with chrome mixer tap, Under unit LED strip lighting
Number of units
80
Outside space
Private outdoor space in the form of a terrace or balcony to most apartments
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Which apartments are available for sale in Lowen Place Apartments in London?

For sale are 2br

How much does a sq ft cost in Lowen Place Apartments?

The price per sq ft in this complex starts from £‍451

How to buy an apartment in Lowen Place Apartments in London?

In this complex you can buy apartments with a Mortgage Available , a Help to Buy available, a Shared Ownership available

When will Lowen Place Apartments be commissioned?

Lowen Place Apartments – commissioned