Emerald Gardens

 Emerald Gardens is coming soon. A fantastic new development that will consists of 173 new homes including 3, 4 and 5 bedroom family homes.This mix tenure development will be for Shared Ownership and Affordable Rent.

 

Description

Emerald Gardens delivering 31 shared ownership homes within the next 18 months.27 one and two bedroom (4 wheelchair accessible) and four 3 bedroom apartments along with four two bedroom maisonettes.This is a modern designed development with a high level specification and each apartment has their own private outdoor space.

The design provides a large central park area that will be open to all local residents.

New public open spaces will be individually designed and all will include planting, seating, lighting and play for all.

Emerald Gardens is just north of the River Thames, on the Isle of Dogs and is within close proximity to Canary Wharf and benefits from Island Gardens on the Docklands Light Railway, Bank-Lewisham Line next to Island Gardens in North Greenwich, East London.

 

What are the eligibility rules for Shared Ownership?

The general eligibility criteria for Shared Ownership is as follows:

  • You must be at least 18 years old
  • In London your annual household income must be less than £90,000
  • You should generally be a first time buyer, i.e. you don’t already own a home. If you do already own, you must be in the process of selling it
  • You should not be able to afford to buy a home suitable for your housing  needs on the open market
  • You must show you are not in mortgage or rent arrears
  • You must be able to demonstrate that you have a good credit history (no bad debts or County Court Judgements) and can afford the regular payments and costs involved in buying a home

You should have savings or to be able to easily access at least £4,000 to cover the costs of buying a home. This is a guideline figure – the actual amount you need will depend on the share you are purchasing.

In most cases you will also need to have enough savings or be able to easily access a minimum 5-10% of the equity share you are buying, as a deposit.

Please note: All offers are subject to a financial assessment with an Independent Financial Advisor.

Register for shared ownership

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Contacts

Sales & Marketing 

0207 538 6460 or 0800 035 1991

sales.enquiries@poplarharca.co.uk

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