Desirable new one and two bedroom apartments available through shared ownership, the affordable way to own

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2 Desirable new one and two bedroom apartments available through shared ownership, the affordable way to own

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4 4 Metropolitan s new shared ownership homes at Oakhill Park present a rare opportunity to buy a first home affordably in this highly sought-after setting in south-west London. Designed to exacting standards for the modern lifestyle, part of a stunning new development with landscaped gardens, and positioned conveniently for access to local transport connections to central London, Putney and the River Thames, these well-appointed apartments offer an inviting, leafy retreat just a short journey from the heart of the Capital.

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6 6 Nestled just off the Upper Richmond Road in a quiet, residential turn, Oakhill Park is perfectly positioned for residents to enjoy the best of London living. Heathrow Airport 40 mins Chelsea 19 mins Putney East Wimbledon 16 mins Victoria 23 mins Oxford Circus 26 mins Waterloo 29 mins Kings Cross / St Pancras 29 mins Within minutes from your front door are the green spaces and riverside walks of Wandsworth Park, Putney and Wimbledon Commons (with over 1000 acres to explore), a diverse range of eateries, bars and venues, High Street shops and bijou boutiques in Putney as well as sportier leisure opportunities from the Putney Leisure Centre to the London Rowing Club. Recent new developments in the area have helped transform East Putney into a residential destination which combines the beauty of leafy, Victorian London with the best of 21st century city living.

7 7 Commuting East Putney Tube station is a short walk away giving you easy access to London and all mainline stations The 33 and 337 buses run along the Upper Richmond Road (A205), heading to Wandsworth, Putney Heath or Sheen. For those who like to use cycles to commute there are Santander cycles available to hire in East Putney.

8 APARTMENT LOCATOR 11 Lower Ground Floor Plan Ground Floor Plan Lower Ground Floor Plan First Floor Plan SITE LAYOUT Ground Floor Plan 33 First Floor Plan WATER COMMUNAL GARDEN FEATURE O A K H I L L R O UP COMMUNAL GARDEN COMMUNAL GARDEN A D

9 9 APARTMENT PLANS Apartment 1 1 Bedroom apartment Home Office Space Kitchen/Dining/Living 30.1 m 2 KITCHEN/DINING/LIVING Bedroom 15.0 m 2 Bathroom 4.7m 2 Storage 2.7m 2 Total m 2 BEDROOM BATHROOM STORE Apartment 6 1 Bedroom apartment Kitchen/Dining/Living 23.8 m 2 Bedroom 12.1 m 2 Bathroom 4.7m 2 Storage 2.9m 2 Total m 2 BEDROOM Home Office Space BATHROOM STORE KITCHEN/DINING/LIVING CUPD Apartment 9 2 Bedroom apartment Kitchen/Dining/Living 23.1 m 2 Home Office Space BATHROOM Bedroom m 2 Bedroom m 2 KITCHEN/DINING/LIVING Bathroom 4.7m 2 BEDROOM 2 BEDROOM 1 Storage 2.4m 2 Total m 2

10 10 APARTMENT PLANS Apartments 10 and 33 1 Bedroom apartment Kitchen/Dining/Living 24.2m 2 Bedroom 12.3 m 2 Bathroom 4.5m 2 Storage 1 1.0m 2 Storage 2 1.1m 2 Total m 2 STORE BATHROOM STORE BREAKFAST BAR KITCHEN/DINING/LIVING Home Office Space BEDROOM Apartment 11 2 Bedroom apartment Kitchen/Dining/Living 25.8 m 2 Bedroom m 2 Bedroom m 2 Bathroom 6.2m 2 Utility 1.8m 2 Total m 2 transfer zone KITCHEN/DINING/LIVING CLOAKS Home Office Space UTILITY BEDROOM 1 BATHROOM BEDROOM 2

11 11 Apartment 12 1 Bedroom apartment Kitchen/Dining/Living 25.6 m 2 Bedroom 24.3 m 2 Bathroom 4.7m 2 Storage 2.0m 2 Total m 2 BEDROOM BATHROOM KITCHEN/DINING/LIVING STORE Home Office Space Apartment 13 1 Bedroom apartment Home Office Space STORE Kitchen/Dining/Living 28.3 m 2 KITCHEN/DINING/LIVING Bedroom 10.7 m 2 Bathroom 4.6m 2 Cloak/Storage 1.5m 2 Storage 0.8m 2 BEDROOM BATHROOM CLOAKS STORE Total m 2

12 12 DESIGNED WITH YOU IN MIND Built to an exacting specification, our apartments at Oakhill Park offer a range of features to enable you to simply move in and enjoy your new home: Fitted kitchens including integrated Bosch appliances including oven, hob and hood dishwasher, fridge freezer and washer dryer Fitted bathrooms featuring chrome fittings, heated towel rails Roca sanitary-ware and shower screen Carpeting to living rooms and bedrooms Tiling to kitchens and bathrooms Double glazing Private terraces or balcony Video entry system Concierge service 12 year NHBC guarantee Images from a similar Metropolitan development

13 13 SHARED OWNERSHIP Through Shared Ownership, you pay a mortgage on a share of your home s full market value and a subsidised rent on the remainder. Shared Ownership is designed so that both your mortgage deposit and your monthly housing costs will be lower than if you were to buy the same home outright. With Shared Ownership, you can increase the share that you own as and when you can afford to. HOME OWNERSHIP IN AFFORDABLE STAGES Shared Ownership is for anyone who cannot afford to buy a suitable home on the open market, but you will need to meet a minimum household income requirement (this is calculated on an individual basis), and must be able to pay for your mortgage valuation survey, legal fees and stamp duty (when applicable). A deposit is normally required. We can help you to find a lender and solicitor with low cost home ownership housing experience. Each month, you will pay off some of the mortgage on the proportion of the home you are buying, and pay us a specified rent on the remainder owned by the housing trust. When you can afford to, you can buy more of your home or even own it outright, at the same price it is worth at the time that you buy an additional share. Key benefits Get on the property ladder sooner You ll need a smaller mortgage, so you can buy with a lower deposit. Save money Your monthly housing costs will be lower than if you were to buy the same home outright on the open market or rent it privately. Increase your share over time You can buy a further share in your home as and when you can afford to, reducing the amount of rent you have to pay. This is known as staircasing.

14 14 HOW IT WORKS 1 We ll help you work out how much of your new home you can afford to buy and how much you ll rent our price list sets out the income and savings requirements to buy through Shared Ownership. 2 You ll then arrange a mortgage for the amount you ve decided to buy, including any deposit required by your mortgage lender. We can provide details of Independent Financial Advisors who specialise in Shared Ownership and can find the best mortgage for you. You ll also need to cover your moving and legal costs. 3 Once you ve moved in, you ll make monthly mortgage payments to your lender and monthly rental and service charge payments to Metropolitan. 4 When you can afford to, you can start staircasing. The cost of any additional shares you buy will be based on your home s market value at that time. 5 You can staircase until you own your home outright, when you will no longer need to pay rent. To find our more about these stunning new apartments and book your viewing, contact our sales team: mhosales@metropolitan.org.uk / Printed on paper/card produced from a sustainable source. Metropolitan Designed and produced by Metropolitan is a leading provider of integrated housing services, care and support and community regeneration. Metropolitan is the brand name for Metropolitan Housing Trust Limited (MHT Ltd), registered office, The Grange, 100 High Street, Southgate N14 6PW. MHT Ltd is charitable, registered under the Co-operative and Community Benefit Societies Act 2014, registered No 16337R and registered with the Homes and Communities Agency, the regulator of social housing, under No L0726. MHT has a Consumer Credit Licence under No Disclaimer: These brief particulars are intended as a convenient guide to supplement an inspection or survey and do not form, or form part of, any offer or contract. Their accuracy is not guaranteed. They contain statements of opinion and in some instances we have relied on information supplied by third parties. Metropolitan undertakes continuous product development and products may vary from any information given. Design elements, room dimensions and specification details may change or vary as built without further notice. You should verify the particulars on your visit to the property and the particulars do not obviate the need for a full structural survey and all the appropriate enquiries. Accordingly, there shall be no liability as a result of any error or omission in the particulars or any information given. Your home is at risk if you do not keep up repayments on a mortgage or any other loan secured on it. Metropolitan 2015

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