Quinton Court, London Road, Sevenoaks, Kent, TN13 1BA

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Shared Ownership: what is it and why is demand set to increase?

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Shared ownership is an affordable home ownership plan which makes it easier for first time buyers to get on the housing ladder. Depending on the property, soon you will be able to buy anywhere from a 10 per cent to a 75 per cent share. The rest is owned by the building’s housing provider and you pay rent on this part.

Earlier this year we carried out a survey of our shared ownership applicants and it was interesting to see that 42 per cent of respondents said they would also consider Help to Buy. Therefore, as Help to Buy tapers and is removed altogether in 2023, it’s likely demand for shared ownership will increase.

To mark Shared Ownership Week, we’ve pulled together a selection of properties currently on the market and eligible through the scheme.

The Kiln Works, 1-9, Ratcliffe Cross Street, London, E1 0HS

The Kiln Works, 1-9, Ratcliffe Cross Street, London E1 – Prices from £101,875 for 25 per cent share of a one-bed apartment

The Kiln Works, 1-9, Ratcliffe Cross Street, London, E1 0HS

The Kiln Works, 1-9, Ratcliffe Cross Street, London E1 –  Prices from £101,875 for 25 per cent share of a one-bed apartment

Quinton Court, London Road, Sevenoaks, Kent, TN13 1BA

Quinton Court, London Road, Sevenoaks, Kent – Prices from £89,375 for 25 per cent share of a one-bed apartment

Quinton Court, London Road, Sevenoaks, Kent, TN13 1BA

Quinton Court, London Road, Sevenoaks, Kent – Prices from £89,375 for 25 per cent share of a one-bed apartment

Royal Arsenal Riverside, Ocean House, 2 Thunderer Walk, London, SE18 6NS

Royal Arsenal Riverside, Ocean House, 2 Thunderer Walk, London SE18 – Prices from £124,375 for 25 per cent share of a two-bed apartment

Royal Arsenal Riverside, Ocean House, 2 Thunderer Walk, London, SE18 6NS

Royal Arsenal Riverside, Ocean House, 2 Thunderer Walk, London SE18 – Prices from £124,375 for 25 per cent share of a two-bed apartment

Mayes View, Meadow Road, Barking, IG11 9PE

Mayes View, Meadow Road, Barking – Prices from £63,750 for 25 per cent share of a one-bed apartment

Mayes View, Meadow Road, Barking, IG11 9PE

Mayes View, Meadow Road, Barking – Prices from £63,750 for 25 per cent share of a one-bed apartment

Evolution, Merrick Road, Southall, Ealing, UB2 4AU

Evolution, Merrick Road, Southall, Ealing–  Prices from £75,000 for 25 per cent share of a one-bed apartment

Evolution, Merrick Road, Southall, Ealing, UB2 4AU

Evolution, Merrick Road, Southall, Ealing– Prices from £75,000 for 25 per cent share of a one-bed apartment

Able Quay, Laker Court, 39 Harbour Way, London, E14 9ZE

Able Quay, Laker Court, 39 Harbour Way, London E14 – Prices from £156,875 for 25 per cent share of a two-bed apartment

Able Quay, Laker Court, 39 Harbour Way, London, E14 9ZE

Able Quay, Laker Court, 39 Harbour Way, London E14 – Prices from £156,875 for 25 per cent share of a two-bed apartment

Further information

Contact Lucy Chitty

Contact Savills Shared Ownership

Find out more about how shared ownership can work for you

 

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