FLOOR PLANS for Copley Hanwell

Welcome to Central Square, the latest phase of Copley W7, and the heart of an exciting regeneration that is creating a series of beautifully interconnected neighbourhoods in Hanwell, just west of Ealing town centre.

Finding Your Dream Home: apartments in Copley Hanwell for sale

This new quarter, conveniently located adjacent to Castle Bar Park train station, will be home to one and two bedroom apartments with balconies set around an attractive landscaped square, and will benefit from brand new amenities from shops, a car club and a community centre.

Central Square is designed for how you live today, with light-filled space and an energy-efficiency focus. You will find layouts that feature dedicated working areas in the bedroom, giving you the flexibility not only to work from home but work effectively and comfortably too. In short, your home will be a place you will love to be in and come home to.

Designed to work on laptops, tablets and phones, this innovative new web-based interactive system allows buyers to explore all aspects of Central Square.

You can visit any apartment type, on any floor of the building and experience a virtual tour you control – with the option to select any viewpoint within the home and generate your own CGI. You can also visit communal spaces, landscaping and other outdoor amenities.

As this scheme is designed to be the first step onto the property ladder you cannot own another property or land in the UK or abroad.

All applicants are expected to purchase the maximum share they can afford; this will be dependent on your income and savings which you will need for your deposit, and any financial commitments you may already have. You will need to use some of your savings for legal fees and the rest of your savings will be required for your deposit. You will need to arrange a mortgage for the share you want to buy you will also have to pay a discounted rent to your landlord on the share you don’t own and a service charge.

Other criteria is applicable, such as priority groups. Speak to our sales team for more information.

Am I eligible?

If the following statements apply to you then it is very likely that you will be eligible:

• Your annual gross household income is less than £90,000 in London.
• You do not currently own a home.
• You have no outstanding credit problems.
• The monthly mortgage, rent and service charge payments on the property are less than 45% of your household income after tax.
• Some other restrictions may apply on certain properties such as a local residency requirement or minimum household size.

Your general eligibility can be confirmed once you have filled in the application form.

Financial assessment and property suitability.

We will then assess both the make-up of your household and your affordability in relation to the home you are interested in.

Regarding affordability we must be sure that your current income is sufficient to sustain the financial commitment involved. Please note that we will carry out a credit search before offering you a property.

We require and will arrange for a specialist financial advisor to contact you and carry our an affordability assessment. This will help us establish the share you will be required to buy.

What is leasehold?

Leasehold ownership of a flat is simply a long tenancy, the right to occupation and use of the flat for a long period – the ‘term’ of the lease. This will usually be for 99 or 125 years and the flat can be bought and sold during that term.

The leasehold ownership of a flat usually relates to everything within the four walls of the flat, including floorboards and plaster to walls and ceiling, but does not usually include the external or structural walls.

The structure and common parts of the building and the land it stands on are usually owned by the freeholder, who is also the landlord. The freeholder is responsible for the maintenance and repair of the building. The costs for doing so are recoverable through the service charges and billed to the leaseholders.

A leasehold ownership of a house usually relates to the whole building both internal and external and possibly a garden and driveway. Typically, a leaseholder of a house would be responsible for the repair and maintenance of the whole building.