Dibdin House, Maida Vale, W9 1QH - The Accelerator Scheme - 1 x 3 bed apartment (families with dependent children) - viewing Thursday 16th January 2025 (contact us now)

Submitted on 11 December 2024 - 10:00

A 3 bedroom apartment is currently available on the Westminster Home Ownership Accelerator Scheme at Dibdin House, located on the 2nd floor.

There is no lift at Dibdin House.

The image shown is of a Dibdin House sample show flat (therefore not the flat being advised).

For any 2 or 3 beds - families with dependent children have priority, then applicants who are sharers, followed by couples and then single applicants.

 

Please note: This product gives the option of 3 years of intermediate rent, followed by a chance to receive an enhanced deposit, for the purchase of a home elsewhere

 

You must currently be able to show evidence of savings of at least £22,500 to be eligible to apply.

Please note the maximum level of savings to be eligible for the Accelerator scheme is £100,000.

A maximum of 5 households will be selected to view, for 1 bedroom apartments this will be determined by qualifying households with the highest priority banding, for 2 bedroom apartments or 3 bedroom apartments priority is to families with dependent children, followed by sharer households, couples and then single applicants, also dependent upon a households priority banding. Current home owners are not eligible and should therefore not express an interest.

An offer is subject to meeting the eligibility criteria, reference, and affordability checks. 1 months’ rent and 1 month’s deposit will be required at the point of offer.  All properties are managed via Touchstone, the property managers.

For further information about the Westminster Home Ownership Accelerator scheme please visit: www.dolphinliving.com/what-we-do/accelerator-scheme   

This opportunity is available to priority 1-6(a) applicants only.

Overview

Introducing an exciting new scheme to Westminster, with the option of renting a flat at Dibdin House for 3 years and then receiving an enhanced deposit to purchase a property elsewhere in Greater London. The scheme, designed to help first-time buyers who live or work in Westminster get on the ladder in London has been launched in a bid to tackle the affordability crisis in the capital. Dolphin Living, an affordable homes provider, and charity, has teamed up with Westminster Council to offer an accelerator programme – the first of its kind in the UK – which will boost an applicant’s deposit while they pay reduced rent. Dibdin House is set within an established 1930s building with a communal garden we offer a range of newly refurbished apartments located in Maida Vale, London. The available flats are located the ground, 1st, 2nd and 4th floor. The building is within 8 minute walking distance from Maida Vale Underground Station and is close to major bus routes, with easy access to local shops and the world famous Marble Arch and Oxford Street.

Key features

• Newly refurbished with neutral and modern interior

• Gas central heating

• Balconies and outdoor space

*Please note that the image displayed is of a sample property

Important: In order to be eligible for this product, you must currently have savings of £22,500

Name of Housing Provider: Dolphin Living
Type of tenure? Intermediate Rent (IMR) - for a maximum of 3 years
Name of development Dibdin House
Full address of development (including postcode) Dibdin House, Maida Vale, W9 1QH
Type of property Apartment
Eligibility criteria Registered with Homes For Westminster
Minimum household income required to achieve affordability

Single: £77,387

joint income: £67,479

Maximum Household Income to allow eligibility £90,000
Number of bedrooms 3 bed
Monthly Service Charge Included in rent
Monthly Rent

£1,798

Date available

February 2025