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Shared ownership houses

Sterling Place

by Gascoigne - Pees

New Malden, Greater London, KT3 4NE

1 & 2 bedroom apartments

£37,700 - £52,000 for a 10% share
(£377,000 - £520,000 Full Market Value)

The Jewel Apartments at Sterling Place present an exceptional opportunity to purchase a brand-new home through Shared Ownership in one of South West London's most desirable and well-connected locations. Situated within the landmark Sterling Place development, this impressive collection of one and two-bedroom apartments has been thoughtfully designed for modern living. Each home features bright open-plan living spaces, stylish contemporary kitchens with integrated Electrolux appliances, spacious bedrooms and private outdoor space in the form of a balcony, terrace or patio. Sterling Place offers outstanding connectivity across South West London and beyond. New Malden railway station provides regular services to London Waterloo, making it an ideal location for commuters, while nearby road links offer easy access to Wimbledon, Kingston upon Thames, Richmond, Central London, the A3 and M25. The development is surrounded by a selection of highly regarded local schools, making it attractive to both professionals and growing families. Nearby educational facilities include Raynes Park High School, Coombe Girls' School, Coombe Boys' School, Burlington Infant & Nursery School and Christ Church New Malden CofE School, together with further education opportunities available at Kingston College. Residents will enjoy easy access to the vibrant amenities of New Malden town centre, renowned for its diverse restaurants, cafés and independent retailers. The popular destinations of Kingston, Wimbledon Village and Richmond are all close by, offering riverside dining, boutique shopping, entertainment venues and leisure facilities. For those who enjoy the outdoors, Richmond Park, Wimbledon Common and Bushy Park provide acres of open green space for walking, cycling and recreation. Each apartment is finished to a high specification, including: • Audio visual entry system • Fibre broadband connectivity • USB and USB-C charging points • Stylish bathrooms and en-suite facilities to selected homes • Timber-effect flooring to living areas and carpeted bedrooms • Lift access to all floors • Secure fob-entry system with CCTV coverage • Landscaped communal gardens • Selected homes available with parking Combining stylish new homes, excellent transport connections, sought-after schools and the best of South West London's lifestyle opportunities, The Jewel Apartments at Sterling Place offer the perfect place to call home. The Shared Ownership scheme is a Part Buy, Part Rent way of owning your own home for a smaller upfront payment. With Shared Ownership, you buy a share of your home using a mortgage from a bank or building society and pay a subsidised rent on the share you did not purchase. The combined mortgage and rent is usually less than you’d expect to pay if you bought a similar property outright. When you’re ready, you can buy more shares until you staircase to owning 100% of your home. Please note, as a Shared Ownership purchase there are likely to be additional legal fees during the conveyancing process, your solicitor can advise you of these. There is a Council placed restriction for these properties, please call for more information. *These photos are for information purposes only and may not represent a true likeness for the units being sold. They may have been digitally furnished to represent how the home could be laid out; the final colours/appearance/specification may differ from the images and are not plot specific. EPC and Council Tax Bands: New Build, to be determined Agent Note Please note that an AML fee is chargeable to the buyer once an offer is accepted to cover the cost of carrying out the required identity and anti-money laundering checks. Once these checks have been completed, the fee cannot be refunded, even if the property purchase does not go ahead.
Shared ownershipGreen features

The New Tide

by Connells

Chatham, Kent, ME4 4BE

1 & 2 bedroom apartments

£51,250 - £72,500 for a 25% share
£205,000 - £290,000 Full Market Value

The moment you've been waiting for is here... Join us Sat 14th November, 10am-2pm, for the grand opening of our brand-new Show Home. Be among the first to step inside & experience the stylish interiors, spacious layouts & contemporary living on offer at Chatham's most exciting new development. Luxury new apartments in the heart of Chatham. Minutes walk to the mainline station and within walking distance of the river Medway and Great Lines National Park. An exciting collection of one and two-bedroom shared ownership apartments set within a landmark building, part of the regeneration of Chatham and Medway towns. The iconic building is being thoughtfully transformed through innovative design to provide modern living. The development will deliver stylish new homes with contemporary layouts and high-quality finishes, many benefitting from dual-aspect views and generous private balconies.
Shared ownership

Living at EdCity

by Hammersmith & Fulham

White City, Greater London, W12 7TG

1 & 2 bedroom apartments

for a 25% share
(£127,500 - £143,750 Full Market Value)

Discover your new chapter at Living at EdCity, offering a collection of 84 Shared Ownership apartments in the thriving White City Innovation District. This contemporary collection of one and two bedroom and wheelchair apartments with private balconies, is part of the wider EdCity development and will be available to those that live or work in Hammersmith and Fulham. Moments from the former BBC Television Centre – now a lively destination offering dining, entertainment and a vibrant communal plaza where pop-ups and seasonal events bring the area to life – Living at EdCity sits at the heart of creative enterprise, surrounded by opportunities making this an exciting place to live. With two stations within a 10‑minute walk, Living at EdCity offers rapid connections on the Central and Hammersmith & City lines. And with Europe’s largest shopping centre, Westfield London, just a short stroll away; educational opportunities at EdCity on the doorstep; and White City’s thriving business district offering a wealth of career prospects, you might never want to leave! To purchase a Shared Ownership home at Living at EdCity, please first register with Hammersmith and Fulham Home Buy by creating an account. If you haven't already created one, please do so as soon as possible by clicking the below link: Then click the Register Now tab to begin. When creating your account, make sure to opt in for property alerts so you are notified once we advertise these properties on the Home Buy website. You must login and click on the advert to register your interest in it. This will ensure you are on the Hammersmith and Fulham Home Buy list of interested buyers. If you are eligible, you will be contacted so we can guide you through the next steps. 1 Bed Apartments: Open market value from £510,000.00 Share amount from £127,500.00 Share percentage from 25% Rent from £558 a month Service Charge from £308 a month Minimum deposit from £12750 2 Bed Apartments: Open market value from £575,000.00 Share amount from £143,750.00 Share percentage from 25% Rent from £539 a month Service Charge £375 a month Minimum deposit £14375 Disclaimer The open market value, service charge and rent are starting from prices and are unit dependent. Photos are for illustrative purposes only and may not represent a true likeness to the individual units being sold. We have taken all reasonable care to ensure the accuracy of the information provided on this page; however, it is intended for general guidance only and may be subject to change. The Council does not guarantee the accuracy or completeness of this information, and all details are provided for illustrative purposes. The Council undertakes continuous development, so specifications and particulars may vary over time. Nothing on this page constitutes a formal offer, invitation, or contract to purchase any property, and no reliance should be placed on the information provided. All plans, descriptions, dimensions, and measurements are approximate and for guidance only. This information is given without responsibility on the part of the Council.
Shared ownership
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How does Shared ownership work?

Shared ownership allows you to buy a share of a new house and pay rent on the remaining part. It is a government-backed incentive scheme, primarily aimed at helping first time buyers onto the property ladder. You can also use it to buy a bigger home than you can afford on the open market.

The percentage you can purchase may be different depending on where you buy the home:

Shared ownership is also known as ‘part-buy, part-rent’.

You will purchase your shared ownership property via a housing association or council. The home will be a new build or a re-sale of an existing shared ownership property, of which you’ll need to purchase the same percentage of shares as the existing owner, or more.

You will need a deposit and a mortgage on your share of the property that you are buying. The remaining share is owned by the housing association or council, and you will pay rent comprising up to 3% of this amount.

Although the housing association may have shares of up to 90% in your home, you will become the owner of the lease. As the leaseholder, you will be responsible for repairs inside the property and the housing association will take care of the outside.

To cover any costs that might be necessary for outside work, you will need to pay a service charge, usually paid monthly. It is a good idea to find out how much the service charge is and factor that into all monthly outgoings before you agree to buy.

Shared ownership eligibility

In England, this scheme is available to those in a household with a combined income of less than £80,000 a year (or £90,000 in London), and you are unable to afford a deposit and mortgage payments on a suitable property for you and your family. In Wales, you must have a combined income of less than £60,000.

There are other criteria you must meet, such as:

  • being a first time buyer, or
  • if you used to own a home but can no longer afford to buy outright, or
  • you want to move from one shared ownership property to another, or
  • you're setting up a new household, for example after a relationship breakdown, or
  • you currently own a home, and wish to move but cannot afford to buy outright.

You will also need to have no outstanding credit issues, so make sure you get your finances in order before you apply.

Criteria varies by country, so be sure to check before applying.

A development of Shared Ownership homes in England

What is Staircasing in Shared ownership?

You can buy additional shares of your home, usually in increments of 10%, until you own the majority or all of your home. Some older leases set the minimum amount at 25%, and newer ones may allow you to buy as little as 5% at a time. There are some instances where you may be able to buy 1% shares.

This process is called staircasing and allows you to own more of your home as you earn more money or can afford a bigger mortgage. Each time you wish to purchase more shares, these will be based on the value of the home at the time of buying the shares, and not the value of your home when you first bought it.

You will need to pay for a professional valuation of your property to determine the value of the shares before you can buy them. Buying more shares in your home will also mean paying less rent.

Things to consider before buying a Shared ownership home

There are other factors which may impact your decision on whether shared ownership is right for you:

  • You will still need a deposit for the mortgage portion of your home, usually between 5% and 10% of the value of the mortgage.
  • All usual moving fees apply including surveys, stamp duty and legal costs.
  • If you’re aged 55 or over, you may be eligible for Older People’s Shared ownership (OPSO) but bear in mind, you will only be able to own up to 75% of your home.
  • If you are a key worker, then a percentage of properties through housing associations will be allocated to those who work for the NHS, police, local authorities, Ministry of Defence and many more. Ask the housing association for more information.

Useful links

Shared ownership providers

The following housing associations and developers have shared ownership properties available throughout the UK which you can enquire via this website: