Shared Ownership isn’t your run-of-the-mill government housing scheme. The properties available under shared ownership are really something to shout about, with a high class range of sleek apartments in the city centre and bespoke homes with unbeatable views. Shared ownership is a new way to buy a property without compromising on location or quality for price.So don’t worry about having to buy something the size of a shoe box to get on the property ladder in London, shared ownership is the key to finding what you want in a sought after area with high spec finishes.
Where can you find them?
Luckily, these homes are dotted all over the city from West London to Barnet and Hackney to Islington. With a choice of areas, the scheme works whether you’re looking for something more rural or centre based. Shared ownership in London is specifically designed to suit everyone whether you’re a single parent with little ones, a young professional looking to cut the commute to work or you simply want to get onto the property ladder for less. Many lie in catchment areas for schools surrounded by green spaces, especially with properties for sale in Greenwich, Barnet and Harrow. For more central apartments and penthouses, Canary Wharf is ideal with dreamy views of the Thames and balconies that flood with sunlight in the summer months. With Property Booking displaying an eclectic range of shared ownership homes you can find something right up your street.
What are the benefits of choosing shared ownership?
Shared Ownership comes with a heap of benefits with the most prolific being financial. Allowing you to part buy, part rent a home you pay just a fraction of the upfront costs and a reduced deposit. You can buy between 25%-75% and gradually increase this over time if you choose. This means you will end up paying less rent and with a low cost rent anyway, the benefits of a shared ownership home are endless.
These homes are also all new developments in some of the newest and sought after places in London. All fitted with bespoke interiors, seamlessly designed and with a contemporary feel, they are spoilt with the newest facilities while being close to transport links and ideal amenities. And as the housing association own a part of your home, they are responsible for the upkeep of communal gardens and apartment buildings saving you a few jobs in the long run.
You can enjoy luxury living in shared ownership without the prices and deposits associated with London’s high end residencies. So if you happen to be a first time buyer, you fancy a pad in the city but are anxious about cash, shared ownership may just be the ideal option for you.