The Chainin London
More about houses
The Chain on the map of London
Mortgage in The Chain
Shared Ownership
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
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 |
*Terms and conditions apply
Mortgage
We checked the information and the developer's representatives confirmed that units in this residential complex can be purchased by using a mortgage.
Property Details
About the house
| 🟧 Tenure | Leasehold |
| 🟧 Height Classification | High-rise |
| 🟧 Quality Classification | High-end |
| 🟧 Number of floors | 16 |
| 🟧 Number of units | 518 |
| 🟧 Amenities | 3-year complimentary membership to our official car club, Zipcar |
| 🟧 Number of buildings | 7 |
| 🟧 Off-plan property | No |
| 🟧 Property Type | Apartments |
| 🟧 Swimming Pool | No |
Property Description
Where is the Chain located?
Enjoying the vibrant suburb of London, the Chain is located in Walthamstow, a lively town placed in the London Borough of Waltham Forest.
Presenting a perfect mix of the spirit of old London and the contemporary art scene, Walthamstow provides a unique atmosphere with its authentic shops and cosy cafes. Placed mere minutes away from High Street, the Chain benefits from Walthamstow Market, the longest outdoor street market in Europe, coupled with enormous shopping malls scattered around.
To escape the hustle and bustle of the city, you can take a walk to St. James Park with its stunning greenery and serene footpaths or enjoy Lee Valley Park and Douglas Eyre Playing Fields with beautiful views of Walthamstow Reservoirs.
Just a stone’s throw away, the Overground stations St James Street and Walthamstow Queen's Road connect the neighbourhood to the City and beyond. Furthermore, Walthamstow Central station links it to the Victoria line.
Which facilities are available?
- Nurseries/Education: South Grove Primary School (5 min), Low Hall Nursery School (6 min), Mission Grove Primary School (6 min), Edinburgh Primary School (9 min), Barn Croft (10 min), Kelmscott Secondary School (8 min)
- Shopping: Farmfoods Ltd (4 min), Sainsbury's (3 min), The Mall Walthamstow (8 min), Asda Walthamstow Supermarket (5 min), Walthamstow Market (5 min), Walthamstow Farmers Market (12 min)
- Medical Facilities: Medicspot Clinic Walthamstow Grove Road (21 min), Esthetica Clinic (15 min), Comely Bank Health Centre (23 min), The Grove Medical Centre (23 min), The Firs (11 min), Leyton Green Health Centre (27 min)
- Café/Restaurants: BIM'S (5 min), Krantas Restaurant (4 min), Deja Vu Garden (5 min), Rio Cafe (5 min), L. Manze Walthamstow (5 min), The Chequers Pub Walthamstow (5 min)
- Entertainment: Empire Cinemas (11 min), Stow Film Lounge (20 min), Red Imp Comedy Club (16 min), One Hoe Street (20 min), God's Own Junkyard (23 min)
- Others: Walthamstow (Queens Road) Cemetery (9 min), Masjid e Umer - Walthamstow Central Mosque (10 min), Vestry House Museum (18 min), The Lighthouse Methodist Church (7 min)
What does the exterior look like?
The asymmetric high-rise buildings are stylishly designed to complement the surrounding area. The brick façades feature three different colour palettes, including dark grey, beige, and lighter off-white tones. The narrow columns of floor-to-ceiling windows streak the Chain in long straight lines, interspersed with glass balconies. The Chain displays a perfect blend of neutral tones and bold shapes.
Which amenities are on the territory?
The Chain boasts a fascinating collection of communal gardens, scattered around the buildings, that provide plenty of greenery to enjoy as a leafy reprieve from the buzzing streets.
In addition, the new residential complex comes with a secure communal bicycle store. To ensure top security, all apartments are equipped with a video door entry system, allowing residents to monitor their visitors.
What are the available forms of transport?
- Bus stop: 58, 230, L3, W11, W19 (1 min), 212, 275, W12, W15 (5 min), 20, 55, 69, 97, 257, 357, N38 (14 min)
- Metro Line: Walthamstow Queen's Road (6 min), St. James Street (5 min), Walthamstow Central (10 min)
- Road Access: North Circular Road
- Airport: London City Airport (31 min), London Stansted Airport (40 min)
- Car Rental: Enterprise Car Club (11 min), Sixt Car Hire (14 min)
- Bicycle Rental: Brompton Bike Hire (10 min)
What type of units are for sale?
The Chain offers a total of 518 homes, including one-, two-, and three-bedroom apartments. Each unit comes with either a terrace or a balcony to provide some private outdoor space.
Designed with meticulous attention to detail, the contemporary kitchens feature elegant handleless cabinets, Silestone worktops, and fully-integrated appliances, including a multifunction oven, a touch-control induction hob, a dishwasher, and a fridge/freezer. The work surfaces are softly illuminated by under-cabinet LED lighting.
The bathrooms are equipped with strikingly white sanitaryware, comprising a semi-recessed basin, a wall-hung WC, and a steel bath, concealed by a glass screen.
Who is the developer?
L&Q is responsible for the construction of the Chain. The London-based property development company was established in 1962. With an array of properties spread across London and the South East, L&Q’s expertise lies in creating residential and mixed-use developments, tailored to the neighbourhoods they are part of. The company’s portfolio is diverse in both scale and character and includes projects such as Ridgeway Views, Churchfield Quarter, Greenwich Square, and Barking Riverside.
For more detailed information on the Chain or L&Q, please visit the official website of the developer.
