The Chain
in London

Price / ft2
from £‍574
Price / m2
from £‍6 174
Address
South Grove, E17 7NG

Property Prices and Layouts for The Chain

Prices and availability are up to date as of 20 November
Studios
423 ft2
or 39.3 m2
from £‍727 / ft2
or £‍7 824 / m2
from £‍307 500
1BR
538–589 ft2
or 50–54.7 m2
from £‍662 / ft2
or £‍7 130 / m2
from £‍365 000
2BR
772–880 ft2
or 71.7–81.8 m2
from £‍574 / ft2
or £‍6 174 / m2
from £‍490 000

The Chain on the map of London

South Grove, E17 7NG

Development status

Block 1, Block 2, Block 3, Block 4, Block 5
commissioned
for sale
completed –  2019
Block 6, Block 7
commissioned
all sold
completed –  2019

Payment Options at 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.

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

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

Property Details

About the development

Amenities
3-year complimentary membership to our official car club, Zipcar
Height Classification
High-rise
Number of buildings
7
Number of floors
16
Number of units
518
Offplan
No
Property Type
Apartments
Quality Classification
High-end
Swimming Pool
No
Tenure
Leasehold
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Which apartments are available for sale in The Chain in London?

For sale in The Chain are available studios, 1br, 2br.

What is the minimum price of a property in The Chain?

The minimum price at The Chain is £‍307 500 for Studios.

How to buy an apartment in The Chain in London?

In this development you can buy apartments with a Mortgage, a Help to Buy, a Shared Ownership.

When will The Chain be commissioned?

Block 1, Block 2, Block 3, Block 4, Block 5, Block 6, Block 7 – commissioned.