Fraser Court
2 bedroom homes in Acton, Hammersmith and Fulham, W12 0SE
| Tenure |
Shared ownership What is Shared Ownership? |
| Availability | Available |
| Min share price from | £244,500 for 50% share |
| Full price from | £489,000 |
| Min deposit from | £24,450 |
| Bedrooms | 2 |
| Bathrooms | 1 |
| Parking | 1 |
Shared Ownership is a type of affordable home ownership when a purchaser takes out a mortgage on a share of a property and pays rent to a landlord on the remaining share.
For example, someone might buy a 50 per cent share in a property and pay rent to the landlord on the remaining 50 per cent. Purchasers then have the opportunity to ‘staircase’ up their share of the property, gradually increasing the proportion of their home that they own outright and therefore paying less rent on the remaining portion, until they own 100 per cent of their home.
Overview
The Fraser Court property is a purpose built two bedroom, first floor apartment built around in 2006. It benefits from a private allocated parking space and balcony as well as a communal garden. The lease remaining on the property is 99 years.
Local area information
There are good transport links with East Acton station 0.6 miles away, served by London Underground linking to Oxford Circus in 17 minutes.
Local amenities are located 1.1 miles away at Westfield Shopping Centre with shops, restaurants and bars for leisure and enjoyment. As well as Wormwood Scrubs Park 0.6 miles away just behind Hammersmith Hospital.
Nearest Station: East Acton – Central Line (Zone 2)
Bus routes nearby: Bus routes 7, 70, 72, 272, 283 & N7 from Wulfstan Road and Bus route 95 from Phoenix High School.
| Status | Plot No. | Floor | Beds | Min share price | Eligibility |
|---|---|---|---|---|---|
| Available | 4 | First | 2 | £244,500 | View details |
FAQ's
Min share price from: £244,500 for a 50% share
Full price from: £489,000
Minimum deposit from: £24,450
Monthly rent from: £315
Bedrooms: 2
Bathrooms: 1
There is only one available priced at £244,500 for a 50% share.
It’s the same as buying on the open-market but you’re buying a share of a property, so therefore pay a mortgage on the part you own.
An independent mortgage advisor can help suggest which type of mortgage might be best for you, based on your situation.
Leasehold, which is essentially the contract for the share you've bought.
It means you've got the right to keep your home for a certain number of years (usually at least 125), but the land belongs to someone else. Your lease also sets out how much you need to pay each month, your responsibilities while living there and all the details of your agreement with the housing association. Make sure you go through it and ask lots of questions.
Your solicitor can help you with this.
Register Interest
Register your interest to be contacted by a housing provider. You will need to provide basic eligibility criteria during the register interest process.
Fraser Court
2 bedroom homes in Acton, Hammersmith and Fulham, W12 0SE
| Tenure |
Shared ownership What is Shared Ownership? |
| Availability | Available |
| Min share price from | £244,500 for 50% share |
| Full price from | £489,000 |
| Min deposit from | £24,450 |
| Bedrooms | 2 |
| Bathrooms | 1 |
| Parking | 1 |
Shared Ownership is a type of affordable home ownership when a purchaser takes out a mortgage on a share of a property and pays rent to a landlord on the remaining share.
For example, someone might buy a 50 per cent share in a property and pay rent to the landlord on the remaining 50 per cent. Purchasers then have the opportunity to ‘staircase’ up their share of the property, gradually increasing the proportion of their home that they own outright and therefore paying less rent on the remaining portion, until they own 100 per cent of their home.
Housing Provider
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