Legal & General Affordable Homes: Get on the property ladder with Shared Ownership
Move in ready homes in London, Lancashire and Suffolk
Are you a first time buyer looking to get on to the property ladder? Perhaps you want to live in the heart of the city you love? Has the pull of the countryside finally convinced you to move away from the bustle of the city? Or maybe you are looking to downsize in a new part of the country? Whatever you’re after, Shared Ownership with Legal & General Affordable Homes offers a variety of options to suit different circumstances and budgets.
Shared Ownership is a government backed scheme where you purchase a percentage of a property and pay a subsidised rent on the remainder. A key advantage of Shared Ownership is that you only pay a deposit for the share that you purchase – and with shares of homes available for under £100,000, your deposit can be as little as £5,000. This means you can typically get on the property ladder more easily and at a lower price point.
Ranging from studio apartments to family houses, all of our homes are newly built, with integrated modern appliances designed for contemporary living and, most importantly, high energy efficiency to help keep bills low. And whether you prefer the city life or the countryside, Legal & General Affordable Homes could well help you get on to the property ladder.
If you love living in London but can’t afford to buy outright, Acer Apartments, White City, may be what you’re looking for. Nestled among some of London’s most prestigious neighbourhoods such as Notting Hill, Holland Park and Kensington, it offers a choice of two tube stations in Zone 2.
Westfield, Europe’s largest shopping centre, is right next door with over 400 stores and seemingly endless restaurants and cafés. Think of the Acer Apartments as West London’s best kept secret. For a minimum 25% share, prices start at £126,250 for a studio and £173,750 for a one bedroom home.
Minimum deposit needed at Acer Apartments: £6,312.50 for a minimum 25% share.
If the beauty of the countryside speaks to you, have a look at the two and three bedroom houses at Rogerson Gardens, Wittingham, Lancashire. Surrounded by open fields, these homes are within easy reach of the historic Goosnargh Village and Longridge market towns.
Modern and energy efficient, spacious and full of light, Rogerson Gardens is perfect for family life. Each home also has a private garden and space for home working, helping you strike a good work-life balance. For a minimum 40% share, prices start at £74,000 for a two bedroom house and £89,800 for a three bedroom house. Book before midnight on August 31st and we’ll also contribute £500 towards your legal fees.
Minimum deposit needed at Rogerson Gardens: £3,700 for a minimum 40% share.
For the best of both town and county, there are the final few houses remaining at Old Stowmarket Road, Woolpit, Bury St Edmunds. Nestled in the idyllic village of Woolpit, houses here provide easy access to all essential amenities and nearby towns including Stowmarket and Bury St Edmunds offer a wider range of shops, bars, restaurants and a leisure centre.
Surrounded by the countryside and with good connections by road and rail to Ipswich, Cambridge and London, homes at Old Stowmarket Road are ideal for those who want the best of both worlds. For a minimum 25% share, prices start at £67,500 for a two bedroom and £82,500 for a three bedroom house.
Minimum deposit needed at Old Stowmarket Road: £3,375 for a minimum 25% share.
Finally, for those keen to stay in the capital but escape the concrete jungle, check out Trent Park, Barnet. Set in the heart of 413 acres of parkland, it is a green oasis offering fantastic, uninterrupted views across the park and golf course from the one and two bedroom homes. With Cockfosters and Oakwood Underground stations a short walk away, Trent Park offers countryside living while still being within touching distance of central London.
With a mix of natural and purpose-built landscaping, homes here allow you to escape the city and spend your downtime exploring nature. For a minimum 25% share, prices start at £110,625 for a one bedroom and £130,000 for a two bedroom home.
Minimum deposit needed at Trent Park: £5,531.25 for a minimum 25% share.
To find out more about Shared Ownership and how achievable getting on the property ladder can be for you, have a look at our affordability calculator here, or visit us on social by searching Legal & General Affordable Homes on Instagram, Facebook and TikTok!
Share to Buy is a one stop shop for affordable homes. On our website, you can search for properties, compare mortgages and find out all you need to know about alternative home-buying schemes such as Shared Ownership and Help to Buy via our FAQs and guides.