Lock No.19 Shared Ownership in Hackney Wick by L&Q
Hackney Wick, Greater London, E3 2NN
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1 & 2 bedroom apartments
£105,625 - £138,750
1 & 2 bedroom apartment available in the vibrant Fish Island, Hackney Wick with Shared Ownership from £105,625 for a 25% share. Reserve today with a 5% deposit as low as £5,281!
Available to purchase with Shared Ownership, buyers are able to buy as much of the property as they can afford, from 25 - 75%, paying a low cost rent on the remaining unpurchased 'share' of the home. What's more, your mortgage deposit is based on the value of the share you buy, not the full market value, making these high-spec homes even more affordable in such a sought after location.
Please download our attached brochure for specification details.
The apartment interiors are light, comfortable and cleanly designed with each apartment offering everything you need, whilst remaining a blank canvas waiting for you to make it your very own home. With selective views over the world class Queen Elizabeth Olympic Park and Stratford, living at Lock No.19 provides a unique opportunity to be right in the heart of London’s newest creative quarter, putting you in an exciting location with popular hang outs on your doorstep.
Hackney Wick Connections
Lock No.19 is in a trendy Zone 2 location, within walking distance to Hackney Wick Overground station, Pudding Mill Lane DLR station and Stratford Station. Fish Island is well known for its independent cafes, breweries and warehouse pop up Island's friendly vibe and artistic scene puts you in an area that has it all.
For those who would like to and are able to visit us, the Show Home is now open on an appointment-only basis, with extra measures in place to ensure your wellbeing. Please call us to book your appointment. If you would prefer to speak to our Sales Team from your own home, they are still on hand and can conduct appointments via phone, email and by virtual tour. We are taking extra precautions to ensure the health and wellbeing of our customers, staff and members of the public.
What is Shared Ownership?
Under the Shared Ownership scheme you part-own and part-rent your home, making it possible for first-time buyers and families to get on the property ladder.
The minimum share you can purchase is 25% and the maximum is 75%. You will usually pay a mortgage on the part you own and a subsidised rent on the part you don't own. As your income rises, you can increase the share you own until you eventually own 100%. *Household incomes are based on joint applications. Single applications are able to apply but may need to increase their deposit contribution to meet shared ownership affordability requirements.
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Images may not necessarily depict the actual development and in some cases may be a typical example.