Full DetailsOVERVIEW Avery Court is stunning combination of tradition and modernity blending the character and charm of the Victorian era with cutting edge building techniques to create a most attractive and characterful new build offering. The façade of the original detached house is retained meaning high ceilings and spaces / features not often associated with new build offerings. This is a two bedrooms first floor Apartment with a loggia/balcony available with Help to Buy
Features: Include high ceilings, double glazed sash windows, fully integrated kitchen, fully tiled bathroom/shower rooms (underfloor heating), efficient electric heating and outside space in the form of patio/loggia/balconies and gardens for the lower ground floor units. There is a frontage with bicycle and refuse storage.
Travel: Grove Park is a Zone 4 commute with connections to London Cannon Street and Charing Cross (via London Bridge). Bus routes connect you with neighboring towns for shopping at The Glades (Bromley) and Lewisham shopping Centre. Easy access to the M25 (via A20) or into London via A2 Blackwall Tunnel (and various other).
Local: Sainsbury's Local, Tesco Express, news agents, various news agents, take aways and The Baring Hall Hotel (Antic pub chain)
Schooling: Various well regarded schools are situated within one mile of the properties.
Tenure - new 125 year lease with service charge of £1,441.80 per annum and zero ground rent.
TENURE 125 year lease with NIL Ground Rent, Service Charge is £1,441.80 per annum
HELP TO BUY Help to Buy (HTB)
Precis of HTB
5% deposit required
Up to 40% Government backed Equity Loan - Interest free for first 5 years
Remainder funded by a 55% mortgage (or less if smaller Equity Loan taken out subject to a minimum mortgage of 25%)
Equity loan amount is linked to the home value and not the original amount borrowed
Eligibility - First Time Buyers only able to afford repayments
Homebuilders will provide a New Home Warranty and are held to rigorous quality standards in order to be able to provide homes for Help To Buy (including Consumer Code for Home Builders and New Homes Ombudsman)
Leases offered must be fair and meet Help To Buy requirements
Get Financial Advice to check your affordability
Find and Reserve your home (Reservation Fee capped at £500)
Complete a Property Information Form and Return with the Homebuilder's signed reservation form to your Help to Buy agent (Your mortgage broker may assist you in this).
Your HTB agent will review the paperwork and if approved will give you ATP (Authority to Proceed)
Liaise with your conveyancer and mortgage broker to complete the process.
The whole process takes approximately 2-3 months (note you have 3 months to reach exchange of contracts from when your ATP is given).
Note: to expedite matters you can make your mortgage application at the beginning of this processbut be aware that any payments you make for applications/surveys will be lost should your HTB application not be approved.