Help to Buy - Upper Riverside

We are pleased to announce the newest and final release of Help to Buy at Upper Riverside. Studios and one-bedroom apartments are now available on the scheme, meaning just a 5% deposit is required to receive a 40% interest-free equity loan. With just 7 apartments included in the final phase, they will sell quickly.

Get in touch to find out more.

ALL YOURS

The Help to Buy scheme is a private purchase meaning you own 100% of your new home. The scheme is open to first time buyers regardless of income for new build properties up to £600,000 through a range of lenders.

Upper Riverside is 94% sold with the final apartments remaining within building No. 5. All apartments include access to the 15th floor indoor pool & steam room, 5 roof terraces, 3 gyms, workspace and meeting rooms, 2 cinemas and so much more.

from £487,500

from £550,000

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HOW DOES THE SCHEME WORK?

The equity loan of 40% of the property value is interest-free for the first five years, after which the annual fee is 1.75% of the outstanding loan. This is increased annually by RPI plus 1%. The loan must be repaid after 25 years or earlier if you sell your home.

Use our Help to Buy calculator below to do the numbers yourself.

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MORTGAGE CALCULATOR

For more information on this scheme, visit helptobuy.gov.uk

Household Income

Minimum income is £55,000

Mortgage Term

Interest Rate

£66k

Min £450k

£572.5k

Estimated monthly mortgage repayment

£-NaN

5% deposit

£28,075

40% Help to Buy Equity Loan (London)

£224,600

Property value

£561,500

55% MORTGAGE

£561,500

YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE.

This calculator is provided for guidance only; Knight Dragon does not offer mortgage advice. Subject to full affordability checks, you may qualify for a higher equity loan amount from the government. You should take advice from a suitably qualified adviser before agreeing to a mortgage.

No. 5 Apartments

The tallest of the family of buildings at Upper Riverside, No. 5 offers dramatic views of the Thames river. The spacious apartment interiors have been inspired by the natural surroundings and each apartment has floor to ceiling windows allowing plenty of natural light into the space.

As an Upper Riverside resident, you can enjoy exclusive access to the amenities across all 5 buildings. With 3 gyms, our 15th floor Tom Dixon designed Resident’s Club including pool and steam room, co-working spaces and meeting rooms, 5 roof terraces with river views, private dining room and two cinemas. It’s safe to say Upper Riverside has it all.