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Page 1: ELIZABETH PARK · 2021. 4. 1. · 12 Relax and Unwind 14 Local Highlights 16 Site Map 18 Your New Home's Interiors 20 Floorplans 24 Why Shared Ownership 28 Shared Ownership Process

E L I Z A B E T H PA R KHERSHAM

Page 2: ELIZABETH PARK · 2021. 4. 1. · 12 Relax and Unwind 14 Local Highlights 16 Site Map 18 Your New Home's Interiors 20 Floorplans 24 Why Shared Ownership 28 Shared Ownership Process

C O N T E N T S

02 Introducing Elizabeth Park

04 Local area map

07 A Well-Connected Town

08 Stay connected

10 Vibrant Living

12 Relax and Unwind

14 Local Highlights

16 Site Map

18 Your New Home's Interiors

20 Floorplans

24 Why Shared Ownership

28 Shared Ownership Process

29 About FABRICA

Page 3: ELIZABETH PARK · 2021. 4. 1. · 12 Relax and Unwind 14 Local Highlights 16 Site Map 18 Your New Home's Interiors 20 Floorplans 24 Why Shared Ownership 28 Shared Ownership Process

Set in former school grounds, Elizabeth Park presents an exciting opportunity for savvy first time buyers to step onto the property ladder. This collection of 18 shared ownership 1 & 2 bed apartments gets full marks for its location in Hersham.

The welcoming town offers its residents the very best of out of town living: a picturesque riverside setting and a thriving community spirit. Nearby are plenty of green spaces, superb eateries and historical places of interest, while London is also within easy reach.

A stone’s throw from both Hersham and Walton-on-Thames train stations, and minutes from the bustling town centre, the two blocks as part of phase 2 feature modern 1 and 2 bedroom apartments with carefully considered interiors made up of spacious bedrooms, bathrooms and open plan kitchen and living areas.

I N T R O D U C I N GE L I Z A B E T H P A R K

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I VIE

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02

Page 4: ELIZABETH PARK · 2021. 4. 1. · 12 Relax and Unwind 14 Local Highlights 16 Site Map 18 Your New Home's Interiors 20 Floorplans 24 Why Shared Ownership 28 Shared Ownership Process

M25

M25

M25

M4 M4 M4

M4

M3

M3

A308

A316LONDON ROAD

A3050 HURST ROAD

A244 HERSHAM ROAD

A307

A244 QUEENSWAY

SEVE

N H

ILLS

RO

AD

B265

A22

4

GREAT SOUTH WEST ROAD

M3

M25

MOLESEY ROAD

A307

WEYBRIDGEROAD

B373

A3

A3

A243

HO

OK

ROAD

WINDSOR

STAINES-UPON-

THAMESWINDSOR

GREAT PARK

HAMPTONCOURT

BEDFONT LAKESCOUNTRY PARK

CHOBHAMCOMMON

CHERTSEY

WEYBRIDGE

TWICKENHAM

VIRGINIA WATER

SUNBURY-ON-THAMES

HEATHROW AIRPORT

WALTON-ON-THAMES

WINDSOR & ETON RIVERSIDE

FELTHAM

HATTON CROSS

TWICKENHAM

ASHFORD

STAINESEGHAM

HOUNSLOW

Runnymede

Stanwell Moor

Horton

Middle Green

Iver

Wraysbury

EAST MOLESEY

WEST MOLESEY

RICHMOND

RICHMONDPARK

KINGSTONUPON THAMES

LONG DITTON

ESHER

CLAYGATE

SURBITON

THAMES DITTON

HERSHAM

ESHER

SHEPPERTON

04

Map not to scale. Locations and distances are approximate.

Page 5: ELIZABETH PARK · 2021. 4. 1. · 12 Relax and Unwind 14 Local Highlights 16 Site Map 18 Your New Home's Interiors 20 Floorplans 24 Why Shared Ownership 28 Shared Ownership Process

Hersham exudes a welcoming feel, yet this picturesque pocket of Surrey is close to the M3, M25 and just a 25-minute train ride from London’s beating heart. Commuters are transported directly to Waterloo from Walton-on-Thames and Hersham stations (0.5 miles and 1.3 miles respectively), with four capital-bound trains leaving every hour.

Regular bus services link Hersham to nearby towns such as Weybridge, Molesey and Kingston-upon-Thames. International travel is easy too: Heathrow Airport is only a 26-minute car journey from Elizabeth Park.

A W E L L - C O N N E C T E D T O W N

06 07

Page 6: ELIZABETH PARK · 2021. 4. 1. · 12 Relax and Unwind 14 Local Highlights 16 Site Map 18 Your New Home's Interiors 20 Floorplans 24 Why Shared Ownership 28 Shared Ownership Process

S TAY C O N N E C T E D

08

ASHFORD STAINES

WRAYSBURY

LONDON VICTORIA

CHERTSEY

HAMPTON COURT

THAMES DITTON

ESHER

HERSHAM

WALTON-ON-THAMES

WEYBRIDGE

WEST BYFLEET CLAYGATE WEST CROYDON

SURBITON

BERRYLANDS

NEW MALDEN

RAYNES PARK

EARLSFIELDWIMBLEDON

CLAPHAM JUNCTION

QUEENSTOWNROAD

VAUXHALL

LONDON WATERLOO

OXSHOTT

WOKINGBROOKWOOD

FARNBOROUGH

FLEET

ASH VALE

COBHAM & STOKE D’ABERNON

WORPLESDON

ADDLESTONE

BYFLEET & NEW HAW

SUNNYMEADS

DATCHET

FELTHAM

WHITTON

HOUNSLOW

ISLEWORTHHEATHROW AIRPORT

SYON LANE

TWICKENHAM

TEDDINGTONFULWELLHAMPTONKEMPTON

PARKUPPER

HALLIFORDSHEPPERTONSUNBURY

HAMPTON WICK KINGSTON NORBITON

BRENTFORD KEW BRIDGE

CHISWICK

BARNES BRIDGE

RICHMOND

NORTH SHEEN BARNES PUTNEYWANDSWORTH

TOWN

MORTLAKEST MARGARETS

STRAWBERRY HILL

JOURNEY TIMES

Weybridge 3 minsEsher 5 minsSurbiton 6 minsWoking 11 minsWimbledon 17 minsLondon Waterloo 24 minsClapham Junction 25 minsHeathrow Airport (Change) 1hr 30 mins

Map not to scale and indicative only. Journey times calculated from Walton-On-Thames station using National Rail

CroydonTramlink

Page 7: ELIZABETH PARK · 2021. 4. 1. · 12 Relax and Unwind 14 Local Highlights 16 Site Map 18 Your New Home's Interiors 20 Floorplans 24 Why Shared Ownership 28 Shared Ownership Process

Boasting a sought-after Surrey postcode, this attractive new build development is moments from Walton on-Thames’s vibrant core, where high street shops and restaurants sit next to independent boutiques, cosy cafés and entertainment venues.

This pretty pocket of South East England is where you’ll find some of the UK’s top rated schools, adding to its appeal for young families. Lush parks and the charming riverside setting make for perfect picnic days out, while a plethora of high-end sports facilities provide plenty of opportunity for active fun. Nearby are Weybridge, Esher and Cobham – all highly desirable hotspots in the affluent borough of Elmbridge. And although Elizabeth Park offers the very best of suburban living, it’s also a commuter’s dream: the capital is less than half an hour away by rail.

V I B R A N T L I V I N G

10

Page 8: ELIZABETH PARK · 2021. 4. 1. · 12 Relax and Unwind 14 Local Highlights 16 Site Map 18 Your New Home's Interiors 20 Floorplans 24 Why Shared Ownership 28 Shared Ownership Process

Residents of Elizabeth Park don’t have to venture far for global eats. Walton’s best-loved Italian restaurant, Prima Fila, serves up delicious dishes such as seafood risotto and grilled fillet steak among intimate, candlelit surroundings.Another popular spot is The Everyman, a boutique cinema showcasing the best arthouse releases and one-of-a-kind theatre productions.

At The Heart, Carluccio’s and Wagamama are very reliable classics. But for a real taste of Walton-on-Thames living, head to the riverside pubs such as The Anglers or The Swan for scenic al fresco pints and sumptuous Sunday roasts.

Meanwhile in Cobham, an offshoot of London celebrity haunt, The Ivy, offers all-day dining and designer interiors within a beautiful grade II listed building. Esher is also a culinary destination, its High Street lined with top-class eateries including Paris inspired Côte Brasserie, the cantina style Red Peppers and The Giggling Squid, featuring Thai tapas and a modern, wood-lined interior.

R E L A X A N D U N W I N D

1 2 13

Page 9: ELIZABETH PARK · 2021. 4. 1. · 12 Relax and Unwind 14 Local Highlights 16 Site Map 18 Your New Home's Interiors 20 Floorplans 24 Why Shared Ownership 28 Shared Ownership Process

RYDENS

ASHLEYPARK

OATLANDSPARK

WALTON-ON-THAMESSTATION

HERSHAMSTATION

RIVERTHAMES

QUEEN ELIZABETH IISTORAGE RESERVOIR

WALTON-ON-THAMES

A244

A244

A244

A244

A244

Queensway

Queens Road

Que

ens R

oad

B36

5

B36

5

A30

50

A30

50

A244

Walton Lane

Oat

land

s D

rive

Oatlands Chase

Station Avenue

A244

B375

Ryden

s Road

Rydens Road

Felcott Road

Mo

lese

y R

oad

Mol

esey

Roa

dStat

ion

Avenu

e

Ash

ley

Ro

ad

Hersham

Road

L O C A L H I G H L I G H T S Cafes & Restaurants

01 The 1955 Club02 Carluccio's 03 Coppadocia04 Hello Sushi05 La Terraza Tapas06 Pizza Express07 Prima Fila08 The Royal George 09 The Gingerbread

Man Bakery10 The Walton Village 11 Wagamama 12 Buenasado Argentine

Steakhouse

Shops

13 Sainsbury’s14 Tesco Express

Culture & Leisure

15 Everyman Cinema16 Hersham Library

Banks

17 Barclays 18 HSBC 19 Halifax

Schools & Nurseries

20 Ashley Church of England Primary School

21 Bell Farm Primary School22 Cardinal Newman

Catholic Primary School23 Danesfield Manor School24 Three Rivers Academy25 Toad Hall Nursery26 Westward School

Parks & Recreation

27 Coronation Recreation Ground

28 Elm Grove Recreational Ground

29 Hersham Recreation Ground

30 Hersham Sports & Social Club

31 Walton Tennis Club

Map not to scale and shows approximate locations only.

02 03

04

05

09

01

14

19

18

06

07

08

1013 15

16

17

20

2522

21

24

23

28

31

27

26

30

29

11

12

25

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279

280

281

282

283

284

285286

287 295

296288289

290291

292

293

294

BLOCK G279-287

BLOCK J288-296

RA

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Y LIN

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AM

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AD

ENTR

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TO S

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AD

16

S I T E M A P

Development by others

Block G Shared ownershipPlots 279-287

Block J Shared ownershipPlots 288-296

Plot specific car parking spaces

Bin store

Bike store

123123

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Page 12: ELIZABETH PARK · 2021. 4. 1. · 12 Relax and Unwind 14 Local Highlights 16 Site Map 18 Your New Home's Interiors 20 Floorplans 24 Why Shared Ownership 28 Shared Ownership Process
Page 13: ELIZABETH PARK · 2021. 4. 1. · 12 Relax and Unwind 14 Local Highlights 16 Site Map 18 Your New Home's Interiors 20 Floorplans 24 Why Shared Ownership 28 Shared Ownership Process

Y O U R N E W H O M E ' S I N T E R I O R S

Kitchen

• Bespoke fitted, matt-finish kitchens• Laminate worktop with upstand• Integrated appliances including:

- Zanussi fridge freezer- Zanussi oven and 4-zone hob- Zanussi extractor

• Pelmet under-cupboard lighting• 1 1/2 bowl stainless steel sink and drainer

Bathroom

• Porcelanosa floor and wall tiles• Roca bath• Mirror fitted over basin• Roca W/C • Roca basin with Vado Monobloc taps• Heated white towel radiator

Interior finishes & electrics

• White electrical sockets and switches throughout • Carpet to bedrooms• Vinyl flooring to kitchen, dining room, living room

and hallway• Fitted wardrobe to master bedroom• Built in storage cupboard• LED ceiling downlights to bathroom and kitchen• BT point to living room

Communal areas

• Landscaped gardens • Residents parking (1 space per home)• Communal bin store • Communal bicycle store

Heating and hot water

• Individual gas boilers to supply heating and gas• Stelrad horizontal radiators

Images are of the show home at Elizabeth Park by FABRICA developments. Whilst every effort has been taken to ensure that the information here is correct, it has been supplied as a guide. FABRICA reserve the right to amend the specification as necessary and without notification.

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Page 14: ELIZABETH PARK · 2021. 4. 1. · 12 Relax and Unwind 14 Local Highlights 16 Site Map 18 Your New Home's Interiors 20 Floorplans 24 Why Shared Ownership 28 Shared Ownership Process

1 B E D R O O M A P A R T M E N TP L O T 2 8 0 , 2 8 3 , 2 8 9 * A N D 2 9 2 *

1 B E D R O O M A P A R T M E N TP L O T 2 8 1 , 2 8 4 , 2 9 0 * A N D 2 9 3 *

The kitchen and dimensions on the following floorplans are for guidance only. Dimensions are taken from the points indicated and are not intended to be used for carpet sizes, appliance space or items of furniture. The sq m and sq ft are measured as gross internal areas using the RICS code to measuring. Apartment layouts shown here are for approximate measurements only. All measurements and areas may vary within a tolerance of 5%. Wardrobe layouts and locations are indicative only. Window arrangements may vary from floor to floor Furniture layouts are indicative only and do not necessarily reflect the electrical layouts. Please speak to your Sales Executive for details.

The kitchen and dimensions on the following floorplans are for guidance only. Dimensions are taken from the points indicated and are not intended to be used for carpet sizes, appliance space or items of furniture. The sq m and sq ft are measured as gross internal areas using the RICS code to measuring. Apartment layouts shown here are for approximate measurements only. All measurements and areas may vary within a tolerance of 5%. Wardrobe layouts and locations are indicative only. Window arrangements may vary from floor to floor Furniture layouts are indicative only and do not necessarily reflect the electrical layouts. Please speak to your Sales Executive for details.

LIVING, DINING 4.10 m x 4.26 m 13' 6" x 13' 12"

KITCHEN 3.53 m x 2.09 m 11' 7" x 6' 10"

BEDROOM 3.88 m x 2.89 m 12' 9" x 9' 6"

BATHROOM 2.22 m x 2.02 m 7' 3" x 6' 8"

TOTAL INTERNAL AREA 50.29 M2 541.3 Sq ft

BALCONY 3.450 m x 1.250 m 11' 31" x 4' 10"

LIVING, DINING 4.54 m x 4.28 m 14' 11" x 14' 1"

KITCHEN 2.11 m x 3.90 m 6' 11" x 12' 10"

BEDROOM 3.45 m x 3.36 m 11' 4" x 11'

BATHROOM 2.24 m x 2.11 m 7' 4" x 6' 9"

TOTAL INTERNAL AREA 51.31 M2 552.2 Sq ft

BALCONY 3.450 m x 1.250 m 11' 31" x 4' 10"

BALCONY

WM

DW

ST

W

ST B

BEDROOM

BATH

LIVING/DININGROOM

TYPE G2 Plot number280,283,,289,292

DIMENSIONS

LIVING/DINING/KITCHEN 6.19m x 4.26mBEDROOM 3.88m x 2.89mBATH 2.22m x 2.02mBALCONY 2.25 m x 2.10m

KITCHEN

BALCONY

WM

FF DWB

ST

BEDROOM

BATH

TYPE G3 Plot number281,284,290,293

DIMENSIONS

LIVING/DINING/KITCHEN 6.65m x 4.28mBEDROOM 3.45m x 2.66mBATH 2.24m x 1.13mBALCONY 2.25 m x 2.10m

LIVING/DININGROOM

KITCHEN

W

KEY

DW: Space for DishwasherFF: Fridge FreezerWM: Space for Washing Machine ST: StorageW: WardrobeB: Boiler

*: Denotes handed plots

KEY

DW: Space for DishwasherFF: Fridge FreezerWM: Space for Washing Machine ST: StorageW: WardrobeB: Boiler

*: Denotes handed plots

RA

ILWA

Y LIN

E

HERSH

AM

RO

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ENTR

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TO S

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2nd Floor 2 8 3 , 2 9 2 *1st Floor 2 8 0 , 2 8 9 *

2nd Floor 2 8 4 , 2 9 3 *1st Floor 2 8 1 , 2 9 0 *

24 25

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1 B E D R O O M A P A R T M E N TP L O T 2 8 2 , 2 8 5 , 2 8 7 , 2 9 1 * , 2 9 4 * A N D 2 9 6 *

1 B E D R O O M A P A R T M E N TP L O T 2 8 6 A N D 2 9 5 *

LIVING, DINING 5.12 m x 3.54 m 16' 10" x 11' 7"

KITCHEN 2.09 m x 3.05 m 6' 10" x 9' 12"

BEDROOM 4.40 m x 3.03 m 14' 5" x 9' 11"

BATHROOM 2.22 m x 2.02 m 7' 3" x 6' 8"

TOTAL INTERNAL AREA 50.33 M2 541.7 Sq ft

BALCONY 3.450 m x 1.250 m 11' 31" x 4' 10"

LIVING, DINING 4.26 m x 4.12 m 13' 12" x 13' 6"

KITCHEN 2.43 m x 4.12 m 7' 11" x 13' 6"

BEDROOM 4.26 m x 3.61 m 13' 12" x 11' 10"

BATHROOM 2.23 m x 2.02 m 7' 4" x 6' 8"

TOTAL INTERNAL AREA 57.66 M2 620.6 Sq ft

BALCONY 3.450 m x 1.250 m 11' 31" x 4' 10"

BA

LC

ON

Y

FF

WMST

W

BEDROOM

BATH

TYPE G4 Plot number282,285,287,291,294,296

DIMENSIONS

LIVING/DINING/KITCHEN 7.21m x 3.54mBEDROOM 4.40m x 303mBATH 2.22m x 2.02mBALCONY 2.25 m x 2.10m

LIVING/DININGROOM

KITCHEN

B DW

BALCONY

FF

ST

BEDROOM

BATH

TYPE G5 Plot number286,295

DIMENSIONS

LIVING/DINING/KITCHEN X.XXm x 4.11mBEDROOM 4.26m x 3.61mBATH 2.23 m x 2.02mBALCONY 2.25 m x 2.10m

LIVING/DININGROOM

KITCHEN WM

DW

W

B

KEY

DW: Space for DishwasherFF: Fridge FreezerWM: Space for Washing Machine ST: StorageW: WardrobeB: Boiler

*: Denotes handed plots

KEY

DW: Space for DishwasherFF: Fridge FreezerWM: Space for Washing Machine ST: StorageW: WardrobeB: Boiler

*: Denotes handed plots

3rd Floor 287, 296*2nd Floor 285, 294*1st Floor 282, 291* 3rd Floor 286, 295*

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The kitchen and dimensions on the following floorplans are for guidance only. Dimensions are taken from the points indicated and are not intended to be used for carpet sizes, appliance space or items of furniture. The sq m and sq ft are measured as gross internal areas using the RICS code to measuring. Apartment layouts shown here are for approximate measurements only. All measurements and areas may vary within a tolerance of 5%. Wardrobe layouts and locations are indicative only. Window arrangements may vary from floor to floor Furniture layouts are indicative only and do not necessarily reflect the electrical layouts. Please speak to your Sales Executive for details.

The kitchen and dimensions on the following floorplans are for guidance only. Dimensions are taken from the points indicated and are not intended to be used for carpet sizes, appliance space or items of furniture. The sq m and sq ft are measured as gross internal areas using the RICS code to measuring. Apartment layouts shown here are for approximate measurements only. All measurements and areas may vary within a tolerance of 5%. Wardrobe layouts and locations are indicative only. Window arrangements may vary from floor to floor Furniture layouts are indicative only and do not necessarily reflect the electrical layouts. Please speak to your Sales Executive for details.

26 27

Page 16: ELIZABETH PARK · 2021. 4. 1. · 12 Relax and Unwind 14 Local Highlights 16 Site Map 18 Your New Home's Interiors 20 Floorplans 24 Why Shared Ownership 28 Shared Ownership Process

FF

DW

WM

B

ST

MASTERBEDROOM

BEDROOM 2

BATH

TYPE G1 Plot number279,288,

DIMENSIONS

LIVING/DINING/KITCHEN 7.21m x 3.54mMASTER BEDROOM 3.94m x 3.21mBEDROOM 2 3.57m x 3.23mBATH 2.23m x 2.02m

LIVING/DININGROOM

KITCHEN

W

2 B E D R O O M A P A R T M E N TP L O T 2 7 9 A N D 2 8 8 *

LIVING, DINING 4.42 m x 3.54 m 14' 6" x 11' 7"

KITCHEN 2.79 m x 3.54 m 9' 2" x 11' 7"

MASTER BEDROOM 3.94 m x 3.21 m 12' 11" x 10' 6"

BEDROOM 2 3.57 m x 3.23 m 11' 9" x 10' 7"

BATHROOM 2.23 m x 2.02 m 7' 4" x 6' 8"

TOTAL INTERNAL AREA 74.56 M2 802.5 Sq ft

KEY

DW: Space for DishwasherFF: Fridge FreezerWM: Space for Washing Machine ST: StorageW: WardrobeB: Boiler

*: Denotes handed plotsGround Floor 2 7 9 , 2 8 8 *

RA

ILWA

Y LIN

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The kitchen and dimensions on the following floorplans are for guidance only. Dimensions are taken from the points indicated and are not intended to be used for carpet sizes, appliance space or items of furniture. The sq m and sq ft are measured as gross internal areas using the RICS code to measuring. Apartment layouts shown here are for approximate measurements only. All measurements and areas may vary within a tolerance of 5%. Wardrobe layouts and locations are indicative only. Window arrangements may vary from floor to floor Furniture layouts are indicative only and do not necessarily reflect the electrical layouts. Please speak to your Sales Executive for details.

28

Page 17: ELIZABETH PARK · 2021. 4. 1. · 12 Relax and Unwind 14 Local Highlights 16 Site Map 18 Your New Home's Interiors 20 Floorplans 24 Why Shared Ownership 28 Shared Ownership Process

S H A R E D O W N E R S H I P

Buying a home is a complicated process so it’s little wonder that the idea of shared ownership can be a little daunting. We offer a variety of homes to buy under the shared ownership scheme and the following few pages will provide you with everything you need to know including how to apply, the cost of buying and eligibility.

What Is Shared Ownership?

Shared ownership is an affordable way to buy a home which involves part owning, part renting a property. It’s designed to help people who can’t afford to buy a home at full market value and allows you to buy a share of a property (usually 25%–75%) and pay rent on the part you don’t own. You’ll need to take out a mortgage to pay for your share. When you can afford to, you may wish to increase your shares until you own the entire property. This is known as ‘staircasing’. You will also pay a service charge for your home, which is usually charged on a monthly basis. There are lots of good reasons to buy a shared ownership home:

– Buy chain free– Have a 12 year construction warranty from a leading

warranty provider– 2 year developer's defects warranty

How Much Will It Cost?

The level of deposit (normally 5% of the share you purchase) you need depends on the cost of the share you would like to buy, and the mortgage you choose. In addition to your monthly mortgage and rent payments, you’ll need savings of around £4,000 to be able to cover the cost of the survey, legal fees and stamp duty (if applicable). The amount of deposit you will need depends on the mortgage provider you chose, the terms of the mortgage and your credit rating. If you want to buy more shares, the cost of your new share will depend on how much your home is worth when you want to buy the share. If property prices in your area have gone up, you’ll pay more than for your first share. If your home has dropped in value, your new share will be cheaper. Buying additional shares will reduce the amount of rent you pay. If you staircase to the point where you own outright, you will no longer have rent to pay.

Eligibility

To qualify for a shared ownership property you will need to meet certain criteria set by the Local Authority. You will be eligible for shared ownership if:– You are unable to afford a home that meets your needs– You currently don’t own a property– Your household income does not exceed £80,000 p.a.– You pass the financial assessment

Applicants for shared ownership are prioritised based on the Local Authority criteria. Priority is generally given to applicants living or working in the same borough as the property they wish to buy. When prioritising applicants, the Local Authority will also consider whether:

– You work in the Ministry of Defence– You are deemed to be in a high priority group

by the Local Authority. In some cases, the Local Authority use their own criteria to prioritise applicants.

How To Apply

For new build developments outside London you will need to register with a Help to Buy agent.

Help to Buy East and South East(for Surrey and Sussex)

www.helptobuyagent3.org.uk/user/03333 214044

How Does It Work?

The price of the share you buy is determined by a property valuation, carried out by a Royal Institution of Chartered Surveyors (RICS) qualified surveyor. On the share of the home you don’t own, you will pay rent. For example, if you purchase 40% of your home, you will pay rent on the remaining 60%. You will need to have a financial assessment to establish the maximum share you can afford to buy.

What Will You Own?

As with all apartments, the Shared Ownership apartments will be Leasehold and typically be for a period of 125 years. No ground rent is payable until such time you own the apartment outright by having staircased to 100% ownership of the property.

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S H A R E D O W N E R S H I P P R O C E S S A B O U T FA B R I C A

1. The Conveyancing Process

This is the process of transferring ownership ofa property from one person to another. It usuallytakes 4 weeks from reservation to exchange of contracts. Once your application has been approved by us, you’ll need to instruct your solicitor and pass their details onto us. We’ll also need details of your lender. We will issue a Memorandum of Sale to all parties, which gets the legal process underway.

2. Searches

Your solicitor will carry out a number of searchesincluding environmental searches as well as localarea searches.

3. Survey

You will need to pay for a survey/valuation, which is carried out by your lender.

4. Mortgage Offer

If you are buying a property with a mortgage,you’ll need a mortgage offer on the property.Once you’ve received the offer you will need tosend this to us so that we can approve it.

FABRICA is part of an award-winning property business, committed to creating meticulously designed, skilfully produced homes. From apartments of striking urban architecture to houses with a more rural intimate charm, our aim is always the same: to create beautifully designed homes that are a real pleasure to live in.

Our design ethos and commitment to sustainability mean that our homes are built in carefully considered locations and are sympathetic to the environment. Every project reflects our dedication to thoughtful design, sustainable living and to providing an outstanding experience for our customers.

People are at the heart of everything we do, and because we own and manage all our properties, our commitment to providing the best possible service for our customers never stops. Our estate management team is exceptional, and has the awards to prove it.

FABRICA is part of the A2Dominion Group. With over 70 years of experience and an asset base of £9 billion across 38,000 homes, we are one of the largest developers in the UK. Our A+ credit rating and pipeline of 6,000 homes across London and the South East, combined with our partnerships with worldclass architects and interior designers, ensures that we maintain our unique approach to house building.

We don’t just build remarkable homes, we invest all profits into projects which benefit communities and create better ways to live.

Pride in every detail is what we live by.

5. Exchange Of Contracts

When you exchange contracts you will need to pay a deposit (normally 5%) which makes the sale legally binding at the price agreed. If you withdraw from the sale for any reason, the deposit is non-refundable. At this stage you are also now ready to agree a completion date.

6. Completion

The completion date is when your solicitor transfersthe remainder of the money to our solicitor and thehome officially becomes yours. Your solicitor willrequest the funds from your lender well in advanceof the completion date and will also carry out afinal search at the Land Registry. Other costs thatwill need to be paid are Stamp Duty (if applicable)as well as rent and service charge to us. A transferdocument showing that the home is now leased toyou will be sent to Land Registry.

1. Carlton House, Putney SW152. Elmsbrook, Bicester OX273. Jigsaw, Ealing W134. Wyndham Studios, Camberwell SE5

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©A2Dominion Housing Group Ltd FABRICA by A2Dominion is a brand name used by Companies within the A2Dominion Housing Group Ltd (an exempt charity registered under the Co-operative & Community Benefit Societies Act 2014 Soc. No. 28985R, HCA Reg. L4240).

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