London Home Show Countdown: London and Quadrant
Making Your Dream Home a Reality with Shared Ownership
In a recent study by Santander, over half of respondents, aged 18 to 40, said that owning a home of their own was one of their top life goals.
In a climate where property prices continue to rise, alternative home ownership schemes like Shared Ownership can help make reaching this goal far more achievable. Rather than paying staggering deposits that have become so common, Shared Ownership deposits can be as low as 5 to 10% of the share purchase. Feasible savings goals and manageable repayments puts the dream of home ownership within reach. Whether you’re looking for a vibrant London borough or a peaceful, suburban lifestyle, Shared Ownership means you don’t have to sacrifice location.
First time buyers are flocking to East London to take advantage of ambitious regeneration projects revamping East End neighbourhoods. Barking has seen some of the fastest growth. Part of that transformation is L&Q’s award-winning Weavers Quarter, built in partnership with the London Borough of Barking and Dagenham. Featuring new schools, community centre, retail and office space, deposits for the final remaining two bedroom apartments start from as low as £8,850.
Greenwich Peninsula, in North Greenwich, is one of London’s highest profile regeneration projects. First time buyers have the opportunity to purchase a stylish, modern apartment on the Thames, without the riverside premium, with a Shared Ownership home in L&Q at Greenwich Peninsula. Deposits start from £12,000, for apartments that are moments from the O2 Arena, North Greenwich tube station, and The Tide – the 5-kilometre linear park that will be a new feature for the neighbourhood.
In West London, newly launched Churchfield Quarter has plenty to do right on the doorstep with Shared Ownership homes right on Acton High Street. With a choice of parks, the redevelopment of The Oaks Shopping Centre boosting the high street, and plans for Crossrail links, Acton is quickly becoming a hub for first time buyers. Deposits for homes in Churchfield Quarter start from a little over £9,000.
Visit our team at the London Home Show on 21st September to learn more about the developments mentioned here and our other homes available across London and the Home Counties.