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Purchase a 60% share for £279,000 of a 2 bedroom apartment valued at £465,000

For example, with shared ownership you can live at Pan Peninsula, enjoying luxury in a prime London location from just £266 per week.**

This figure is based on a shared ownership mortgage purchasing a 25% share of a one bedroom apartment (valued at £325,000) with rent payable on the remainder. The assumed mortgage term is based on a mortgage term of 25 years mortgage at a rate of 7.0% with a deposit paid on the share. A minimum income of £37,000 (single or joint) is required.

Click here to visit our website to use our Shared Ownership Calculator.

KEY FEATURES

· Purchase from 25% to 75% of the property value, paying rent on the remaining share
· Live in one of London’s most desirable areas – close to Canary Wharf
· Minutes from tube and DLR transport links to the rest of London
· Only 5% deposit required on your mortgage (subject to status)
· Stamp duty paid*
· Legal fees paid up to £1000

PAN PENINSULA, DOCKLANDS

This is a spectacular place to live, located in the heart of the Docklands and close to the waterside at South Dock. The scheme, built by premier developer Ballymore Homes, consists of two skyscrapers – one of which is the tallest residential building in London. Assettrust Housing is offering 1 and 2 bed luxury apartments for sale on a shared ownership basis, located on the 4th and 9th floors of this prestigious development.

There is an outstanding range of facilities for residents to use including a 50th floor cocktail bar, a waterside restaurant and a health and fitness complex. There is also a health club/spa with ozone swimming pool, a fitness centre and even a private cinema. A 24 hour concierge service would also be at your disposal, to help with everything from travel arrangements to dry cleaning.

Live beside Canary Wharf, one of London’s most desirable areas for leisure and business. Lively bars and fine restaurants line the waterside and there is fantastic shopping for both luxuries and necessities. And swift and efficient transport connections to the rest of London are only minutes away – with tube and DLR stations close by.


ABOUT ASSETTRUST SHARED OWNERSHIP

If you’re trying to buy a home of your own, then you probably know how difficult it is to make that first step onto the ladder. Assettrust Housing is here to help, with shared ownership schemes that reduce start-up costs and monthly repayments.

Assettrust Housing is a privately financed company established in 2003 to provide affordable homes on a rental or shared ownership basis throughout England and Wales. We do not use government grants to fund any of our schemes.

Our policy is to combine traditional values with state of the art management and financing techniques. We are governed by a charter which ensures fair rents, high standards of maintenance and effective long-term management. Assettrust tenants and owners live in high quality new homes of modern design, which include large urban mixed-tenure developments or smaller schemes.

The Assettrust group of companies has substantial interests in the commercial and residential property markets, both as principal and as a provider of services through affiliates such as Hometrack.


* Stamp duty paid where applicable up to a maximum share value of £250,000.
** An additional service charge will be payable. The overall cost of comparison in this example is 7.3%. Your home may be repossessed if you do not keep up with the repayments on your mortgage.

Interior images are indicative only and may not accurately reflect the final specification or aspect of the apartments.


Similar developments by Assettrust Housing (see links below)
City Quarter
The Forge