Legal & General Affordable Homes - Trent Park
Enfield, North London, EN4 0PS
Get on the property ladder in a prime London location
Located on what once was a royal hunting ground, The Chase Collection at Trent Park in Enfield is now home to a beautiful collection of 1 bedroom Shared Ownership apartments in the charming north London triangle of Oakwood, Cockfosters and Hadley Wood. Each apartment provides a high specification throughout with a private balcony, integrated appliances and allocated parking as standard.
The apartments are located within a secure gated community and surrounded by over 400 acres of natural parkland, with idyllic walking and running paths on your doorstep. There are also a wide range of local boutiques, shops, restaurants and cafes on the nearby Cockfosters High Street, with an 18-hole golf course and equestrian centre within walking distance.
The M25 is less than a 15 minute drive, with King's Cross Station accessible in just 30 minutes from the nearby Oakwood Station.
What is Shared Ownership?
Shared Ownership is a more affordable way to have the security and stability of owning your own home. Shared Ownership is a government backed part buy/part rent scheme designed to help you take that first step on the property ladder. The scheme enables buyers to purchase a share of the value of the home - this is usually between 25 to 75 percent of the value of the property - and pay a subsidised rent on the remaining portion. You have the option to buy a bigger share in the property at a later date (known as Staircasing).
Eligibility Criteria:
To be eligible for a home at Trent Park, you'll need to:
• Have a gross household income of no more than £90,000 per annum
• Be unable to purchase a suitable home to meet your housing needs on the open market
• Not already own a home or you will have sold your current home before you purchase
If you don't meet the eligibility criteria for this development, you may still qualify for a Shared Ownership home at one of our others.
*Monthly amount based on 10% deposit on a 25% share of a 1 bedroom apartment with a full market value of £442,500, a 25 year mortgage with a 5.25% interest rate. Includes monthly rent on unowned share (75%) and monthly service charge. Contribution T&Cs apply.
