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 £435,000 / Min deposit £10,875
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
New collection of stylish homes ready to move into in Plumstead, SE28 - surrounded by a 1.8-acre garden | Move in with a spring boost up to £5,875!*
Description
New 2-bedroom wheelchair-adaptable Shared Ownership homes close to Woolwich for the Elizabeth Line | Reserve at Lombard Square this spring and we'll contribute up to 5% of the property share value towards your moving costs.
Lombard Square is a brand-new collection of 1 & 2-bedroom Shared Ownership apartments, including 2-bedroom wheelchair-adaptable homes, in the Royal Borough of Greenwich, in south east London.
All the homes offer spacious, open-plan layouts with private outdoor space to every home, as well as access to the communal 1.8-acre Garden Square designed with your well-being in mind.
These amazing homes are in a prime position close to the River Thames, and just a 5-minute walk from Plumstead train station, and Woolwich and Woolwich arsenal stations close by with fast routes into central London.
What to expect at Lombard Square:
- Experience nature all around you with a new 1.8-acre Garden Square - Gym, coffee shop and local supermarket on your doorstep* - Close to Royal Arsenal Riverside and River Thames - Catch direct trains to Canary Wharf, Liverpool Street & London Bridge - Prime connections with Plumstead station just a few minutes away, and Woolwich and Woolwich Arsenal stations close by*
2-Bedroom Shared Ownership apartment cost breakdown - 25% share example Full market value = £435,000 Example 25% share price = £108,750 Estimated monthly mortgage = £543 Estimated monthly rent = £765 Estimated monthly service charge = £286 Estimated monthly cost = £1,594
Register your interest and be kept up to date with all the latest information about these homes, as well as helpful information and guides on buying through Shared Ownership.
What is Shared Ownership? Shared Ownership is a government-backed part buy, part rent scheme that helps you to purchase a home that otherwise may not have been affordable. Through Shared Ownership, you can purchase a ‘share’ of a home, typically between 25% and 75%, and pay rent on the remaining amount. Then, over time, you can purchase more shares all the way up to 100%, or simply sell your home on the open market. What's more, your deposit is based on the value of the share you buy, not the full market value, making these high-spec homes even more affordable when compared to buying a home outright. Register your interest or search “Peabody New Homes Shared Ownership” to find out more. Disclaimers & T&Cs
*External images are CGIs subject to change
*Spring boost: Maximum £5,875 contribution offer is subject to availability and available on selected homes. Contribution available in the form of 5% cashback based on the highest share value home available (£117,500 – 25% share value of full market value £470,000). Incentive value deducted from the completion statement and payable upon completion of contracts. The purchaser will be responsible for assigning monies to the value of this incentive accordingly. Offer applies only to Kubrick House 7.1, Dray House 7.2, Burrell House 7.3, Hopper House 2.1 and Gilham House 2.2. All contracts must legally complete within 3 months of reservation for the incentive to be valid. Offer per individual household/home sold and cannot be used in conjunction with any other offer. Additional T&Cs, eligibility and affordability criteria may apply. Please speak to a member of our sales team for more details or visit peabodynewhomes.co.uk/offers. Incentive valid on reservations taken from 02 February 2026 – 30 April 2026. Prices and details correct from February 2026.
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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
£108,750
Shared Ownership New Build
Full price £435,000
Estimated monthly cost£1,591
Rent£765
Service charge£286
Mortgage£540
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.
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