Glengall Rise Shared Ownership | 51 Glengall Road, SE15 6RG
Summary
Glengall Rise is an exciting new development on Glengall Road in the London Borough of Southwark, offering a collection of beautifully designed 1, 2 and 3 bedroom apartme...
Eligibility
You can apply to buy the home if all of the following apply:
- your household income is £90,000 or less
- you cannot afford all of the deposit and mortgage payments to buy a home that meets your needs
One of the following must also be true:
- you're a first-time buyer
- you used to own a home but cannot afford to buy one now
- you're forming a new household - for example, after a relationship breakdown
- you're an existing shared owner, and you want to move
- you own a home and want to move but cannot afford to buy a new home for your needs
If you own a home, you must have completed the sale of the home on or before the date you complete your shared ownership purchase.
As part of your application, your finances and credit history will be assessed to ensure that you can afford and sustain the rental and mortgage payments.
Description
Glengall Rise is an exciting new development on Glengall Road in the London Borough of Southwark offering a chance to live in one of the South London's most dynamic neighbourhoods.
Benefits of living at Glengall Rise• Residents' only Brompton bike hire
• Intelligent parcel lockers
• 8th floor rooftop terrace - a great space to unwind while enjoying stunning London views
• 2nd floor residents' podium with tables, benches and children's play area
Designed to suit every lifestyle, these homes offer a versatile mix of layouts and features. Whether you're a first-time buyer, growing family or looking to downsize, you can do so at Glengall Rise without a compromise. Light-filled, open-plan layouts will help you make the most of space and will allow you to enjoy everyday living and entertaining. The development retains its original kiln chimney as a key architectural feature. Set between two buildings, selected Shared Ownership homes will feature stunning views of London and each home benefits from a balcony or a terrace.
Wheelchair adaptable apartmentsGlengall Rise will offer several wheelchair adaptable apartments, designed to make living in London the best it can be. With great layout options that accommodate wheelchair users, rest assured you will find the perfect home. Speak to our sales team to find out more.
Shared Ownershiphref="https://shnewhomes.co.uk/shared-ownership-unpacked">What are the benefits?
- Low deposit - you only pay from 5% of the share you are buying.
- Flexibility - you choose when you want to purchase extra share of your home.
- Accessibility - Shared Ownership helps you get a mortgage even with a lower salary.
- Lower costs - Monthly costs can work our cheaper than renting privately.
- Your household income must be no more than £90,000.
- You cannot own another property at the time of completing your purchase. You must have an offer on your current property to be able to reserve a new home.
- You must be over 18 years of age and able to obtain a mortgage.
- Priority will be given to those who live or work in the London Borough of Southwark
You can read our href="https://shnewhomes.co.uk/buying-guides">buying guides for more information or listen to our href="https://shows.acast.com/shared-ownership-unpacked for on the go learning!
Book your viewing today!
Local area information
- South Bermondsey Rail Station (1.3km)
- Peckham Rye Rail Station (1.4km)
- Peckham Rye Rail Station (1.4km)
- Peckham Rye Rail Station (1.4km)
- Peckham Rye Rail Station (1.4km)
- Queens Road Peckham Rail Station (1.4km)
- Bermondsey Underground Station (1.8km)
- Denmark Hill Rail Station (2.0km)
- Surrey Quays Rail Station (2.1km)
- Nunhead Rail Station (2.2km)
- Elephant & Castle Rail Station (2.3km)
- Canada Water Underground Station (2.3km)
- Canada Water Rail Station (2.3km)
- New Cross Gate ELL Rail Station (2.3km)
- New Cross Gate Rail Station (2.3km)
- East Dulwich Rail Station (2.4km)
- Elephant & Castle Underground Station (2.4km)
- Rotherhithe Rail Station (2.5km)
- Kennington Underground Station (2.5km)
- Borough Underground Station (2.6km)
Disclaimer
Monthly cost calculator
This calculator gives an estimate on the total monthly cost of mortgage, rent and service charge whenever applicable.