Eldridge House

or call 02380 820121

Description

Eldridge House is a brand new development of apartments, available under the Shared Ownership scheme. Superbly positioned within North Feltham and situated within walking distance of both Feltham mainline train station and Hatton Park underground station, there is an abundance of commuting and shopping choice for residents within the area.

Hounslow Heath which offers approximately 200 acres of public open space is less than 2 miles from Eldridge House and for those travelling internationally, Heathrow Airport is around 5 miles away. 

 

ELIGIBILITY

Shared Ownership gives first time buyers and those that do not currently own a home the opportunity to purchase a share in a new build or resales leasehold property. The purchaser pays a mortgage on the share they own and pays rent to a housing association on the remaining share. The combined mortgage and rent is usually less than you’d expect to pay if you bought a similar property outright although this is not a guarantee.

At Eldridge House you can buy a minimum 25% share of your home (the maximum you can buy initially is 75%). When you’re ready, you can buy more shares until you staircase to owning 100% of your home.

To be eligible for this shared ownership scheme you would need to meet the following criteria:

• You must live and/or work in the London Borough of Hounslow.
• Your annual household income does not exceed £90,000. 
• You have a deposit of at least 5% of the share value.
• You do not own another property or have your name on the deeds or a mortgage for a property worldwide. 
• This will be your only residence.
• You are a permanent UK resident or have indefinite right to remain.

Please note the minimum share you can purchase can vary depending on your financial situation and you may be asked to purchase a larger share, should your personal circumstances permit.

*Service charges are estimated and may subject to change.

**These photos are for information purposes only and may not represent a true likeness for the units being sold. They may have been taken from earlier phases or similar developments/house types and digitally furnished to represent how the home could be laid out; the final colours/appearance/specification may differ from the images and are not plot specific. We advise applicants to make their own investigations on future development in the area. We would suggest contacting the local authority for more information.
 

Development Features

  • Brand new Shared Ownership home
  • Open plan lounge/kitchen/diner
  • Circa 1 mile from Feltham Train Station
Eldridge House
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