Shared Ownership is an affordable homeownership scheme where you purchase a share of a property and pay discounted rent on the remainder to a housing provider. Over time, you have the option to buy more shares and, in most cases, can staircase to 100% ownership. Learn more about Shared Ownership
Share 25% / Full price £470,000 / Min deposit £11,750
Shared Ownership New Build
Shared Ownership is an affordable homeownership scheme where you purchase a share of a property and pay discounted rent on the remainder to a housing provider. Over time, you have the option to buy more shares and, in most cases, can staircase to 100% ownership. Learn more about Shared Ownership
Shared Ownership New Build
Shared Ownership is an affordable homeownership scheme where you purchase a share of a property and pay discounted rent on the remainder to a housing provider. Over time, you have the option to buy more shares and, in most cases, can staircase to 100% ownership. Learn more about Shared Ownership
St Olave's is a stunning new collection of homes in Southwark offering 1 & 2-bedroom wheelchair-adaptable apartments | Now over 80% sold!
These exceptional new homes will all be available through Shared Ownership and are positioned in an enviable location just a short walk from Canada Water station, with fast travel times to Canary Wharf, the West End and the City.
Key features:
- Private balcony to every home
- Shared rooftop terrace*
- Pet-friendly development
- Short distance from Canada Water station
- Close proximity to bustling Bermondsey Street, Tower Bridge and London Bridge
If you or a member of your household require a wheelchair-adaptable home, visit the Peabody New Homes website and search for St Olave's to complete our enquiry form.
Register your interest now to book an appointment to view the homes.
What is Shared Ownership?
Shared Ownership is a government-backed part buy, part rent scheme that helps aspiring homeowners onto the property ladder by allowing them to purchase a share of a home, rather than the full value. This often means lower deposits and lower mortgage repayments when compared to buying on the open market, which helps make these homes more affordable.
Find out more by searching "Peabody New Homes Shared Ownership".
*Travel times are approximate and taken from Google Maps *Images and 360 walkthrough CGIs of 2-bedroom home
You can add locations as 'My Places' and save them to your account. These are locations you wish to commute
to and from, and you can specify the maximum time of the commute and by which transport method.
The information displayed about this property comprises a property advertisement. Share to Buy Ltd makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Share to Buy has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by the sponsoring housing association. Please contact the housing association or estate agent directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007.
This calculator gives an estimate on the total monthly cost of mortgage, rent and service charge whenever applicable
£117,500
Shared Ownership New Build
Full price £470,000
Estimated monthly cost£1,633
Rent£808
Service charge£242
Mortgage£583
Calculated using a representative rate of 4.42%
Share
Deposit
£
How is this calculated?
How is this calculated?
Rent: This is charged on the share you do not own and is usually payable to a housing association (rent is not generally payable on shared equity schemes).
Service Charge: Covers maintenance and repairs for communal areas within your development.
Mortgage: Share to Buy use a database of mortgage rates to work out the rate likely to be available for the deposit amount shown, and then generate an estimated monthly plan on a 25 year capital repayment basis.
NB: This mortgage estimate is not confirmation that you can obtain a mortgage and you will need to satisfy the requirements of the relevant mortgage lender. This is not a guarantee that in practice you would be able to apply for such a rate, nor is this a recommendation that the rate used would be the best product for you.
Contact housing provider
Your property enquiry has been submitted to Peabody New Homes.
Next steps
You can check and update your enquiry in the 'My Account' area.