Whitby House - ref GEN1008, 1 bed homes
Tenth floor flat with 1 bedroom in the London borough of Tower Hamlets for £92,500 at a 25% share price of £370,000, available through Shared Ownership.
*Monthly Mortgage: £467.86
Monthly Rent: £ 604.40
**Service Charge: £ 153.02
Council Tax: £ 1,340 annual
Estimated Total (per month): £1,225.28 excluding council tax
*Estimate – The monthly mortgage is based on an interest rate of 4.5% with a capital and interest repayment over 25 years. It is based on a 90% mortgage. The rent may increase each year, the increase calculation will be specified in the lease.