Purpose: Purchase of a property as OnStep home to be used as primary residence.
Location of Property: Greater London and central areas of prime commuter towns.
Property size: Min of 450 sq. ft and max of 2500 sq. ft
Property purchase price: Minimum of £250,000 and maximum of £600,000
Property value per sq ft internal area: Max of £800 per sq.ft
Property type: Standard construction only.
New builds: No new build properties.
We will not purchase (please note: non-exhaustive list):
- High rise ex local authority flats (above 5 floors)
- Flats above commercial premises (exceptions may apply)
- Partial commercial premises
- Freehold or non self-contained flats
- Grade 1 listed buildings
- Properties with flying freeholds > 15%
- Properties with restricted occupancy clause or those affected by planning issues
- Properties with solar panels with long term lease arrangements