Are you looking for your next place to call home? A space to rest after a busy day, host
and entertain loved ones, and somewhere to make uniquely yours? With the rising cost of
living making it difficult to save for a deposit, getting on to the property ladder may seem
increasingly out of reach. However, through shared ownership, you could make your dream
of getting on the property ladder a reality
Shared ownership is a Government-backed scheme where you buy a share of a home’s full value and pay a subsidised rent on the remainder. The deposit required is typically much
smaller because it is calculated against the percentage of the share you purchase, meaning
you can find your new home with a deposit of as little as £5,000*. Through a process
called staircasing, you can incrementally increase your share of the property to 100%
over time should you wish to.
From studio apartments in the heart of London to three bedroom town houses in the
countryside, Legal & General Affordable Homes has a variety of shared ownership homes
across the country, catering to a range of lifestyles, to help you find the home you’re looking for. Whether you’re a first time buyer, hoping to start a new stage of life in a fresh
location, or even thinking about downsizing, Legal & General Affordable Homes could have
the home you’re looking for. So if you fit the eligibility criteria – including being over the age of 18, not currently a homeowner and meeting the financial requirements – you
could get moving into a home that’s yours and start decorating and shaping it into the home of your dreams!
A Selection Of Some Of Our Top Picks Available Through Shared Ownership
The Chase Collection at Trent Park, Enfield, London, EN4 0PS
The Chase Collection of homes sits at the heart of Trent Park, north London, which encompasses over 400 acres of ancient woodland and natural grassland, along with lakes and ponds. Enjoy a unique living experience cocooned in nature, offering opportunities for long walks, cycling or picnics. There’s an 18-hole golf course nearby for a round of golf, and horse riding at the local equestrian centre. You’ll find spacious rooms finished to a high specification that are full of natural light, and apartments with private balconies, all while still in touching distance of central London. A perfect mix of city and country living.
Prices start at £110,625 for a minimum 25% share.
East River Wharf, Royal Wharf, London E16 2AX
Situated in Royal Wharf, quickly becoming one of east London’s hottest locations, new residents at East River Wharf can experience a full taste of the capital’s culture as well as benefit from the many transport hubs connecting to central London and surrounding airports. One, two and three bedroom apartments are built with contemporary living in mind – with streamlined and well-equipped kitchens, elegant bedrooms and private balconies. East River Wharf’s amenities include a full-sized swimming pool, spa, state-of-the-art gym and sky lounge, providing a luxurious living experience.
Prices start at £96,875 for a minimum 25% share.
The Moorings, Brentford, London TW8 8FU
A stone’s throw from the Grand Union Canal and surrounded by plenty of green space with Syon Park, Kew Gardens and Richmond Park nearby, The Moorings is an ideal place to put down roots in south west London while being next to nature and remaining in the capital. The two bedroom homes at The Moorings come with their own private balcony and access to a communal roof terrace, just for residents. If you’re after a bit of city buzz, its proximity to Westfield London offers endless high-quality retail, entertainment and leisure options.
Prices start at £131,250 for a minimum 25% share.
Cavalier Court, Gillingham, Kent ME4 4SW
Perched on the Medway waterfront with its rugged coastline, wildflower areas and tranquil setting, Cavalier Court presents the perfect escape from the rush of city life. At the same time, Chatham’s waterfront revitalisation promises to usher in a new wave of activity in the area that will see it become a regional hotspot in the coming years. Homes here feature open-plan living areas, the latest energy-saving measures to keep bills low, and excellent transport links to London. What’s more, Gillingham railway station is serviced by the country’s only high-speed rail line, making Cavalier Court’s homes even more attractive.
Prices start at £54,000 for a minimum 25% share.
Find out more at landgah.com
*Based on current availability for a one bedroom apartment at specific schemes
First Time Buyer is an exciting bi-monthly glossy which takes a stylish and comprehensive look at all the options available, setting them out in an entertaining and informative way, and helping potential customers navigate their way through what is often a daunting and complex process. We dispel the myths, reinforce the facts and arm the reader with the tools necessary to make their homeownership dreams a reality.
