Ashcroft in Croydon, London

The development situated on Fairfield Road presents an opportunity with a specific set of criteria focused on making homeownership more accessible within the standard London guidelines. This development is characterized by its limited parking availability, a noteworthy point for potential residents as the acquisition of a parking space is a prerequisite; those without allocated parking cannot seek a residents parking permit additionally.

Prospective buyers must meet particular financial and eligibility prerequisites to be considered. A gross joint household income cap is set at no more than ¨£90,000 per annum, aimed at assisting individuals and families who find themselves unable to purchase a suitable home on the open market. Moreover, this opportunity is tailored exclusively for those who do not currently own a home or who will have sold their existing property before the purchase or rental agreement is finalized.

To further facilitate ownership, an incentive of ¨£1,000 cashback is offered upon the completion of the purchase, providing a slight financial reprieve in the overall process. However, all interested parties are required to undergo an affordability assessment led by an Independent Financial Advisor, a step mandated by Government guidelines to ensure the financial readiness and suitability of applicants for this housing opportunity. Only those who pass this evaluation will be invited to proceed to the viewing stage, ensuring a straightforward and fair process aligning with regulated eligibility criteria.