Top 10 shared ownership properties in London


Windsor Apartments, Wandsworth

The pull of Wandsworth remains at an all-time high, drawing families to its green sprawls, excellent schools and buoyant property market with some cracking (and very expensive) homes. Yet with shared ownership, you can bag yourself a dreamy bolthole in the new Windsor Apartments for a price that is closer to a first time buyers budget. The perks? Private balconies open to city views, landscaped gardens have been painstakingly crafted, and swish kitchens and underfloor heating set the bar for chic city living. Oh, and as for transport, it’s close to Battersea Park rail station and the new Northern Line extension will thread through the area when it finally opens in 2021.


Leon House, Croydon

Ten years ago, a move to Croydon would have been met with bewildered looks. But thanks to a spurt of tech upstarts cropping up in the area and creative developments such as the quirky emporium of BOXPARK setting up shop, people are starting to take notice of this southern borough. New to Croydon is Leon House – a slick development garnering credibility with its enviable high ceilings, large rooms and stripped-back interiors that blur the lines between design and functionality. The crowning glory though is the rooftop garden – a sleekly engineered space with seating, pockets of greenery and skyward views over London and Surrey.


ARRO, Ealing

Following vast swathes of regeneration sweeping through Ealing and its surrounds, the borough has been creating ripples on the property market. And interest continues to amplify with the new ARRO – a development that’s part of Southall Waterside – in an area that’s gradually being turned into its very own neighbourhood with all-you-need spaces on the doorstep (school, health centre, shops and restaurants). Forking out directly from the development is also a new waterside trail along the Grand Union Canal for walks, cycles and jogs. And back at base, the cleverly designed homes are real crowd-pleasers: open-plan living spaces, balconies, high-spec appliances and all.


Bow River Village, East London

The East End’s hipster incarnation and gentrification have been well documented and there are shining examples of how far things have evolved around every turn. Cue the buzzed-about opening of Bow River Village - another cool kid on the block that’s sure to be a rapid sell-out. Stylish interiors feature island kitchens, floor-to-ceiling windows and plush fittings. And for a dose of the great outdoors, the River Lea winds just around the corner with its eponymous valley stretching out with open spaces and plenty of sports facilities.


Churchfield Quarter, Ealing

This just-launched sprawl of a development is the new driving force behind Acton’s revitalisation. And the luxury-laden Churchfield Quarter – pitched on Acton High Street - already feels iconic. A collection of one-, two- and three-bedroom apartments, it’s polished, it’s exciting and it’s going to be an instant hit for shared-ownership-seekers. You’ll find pretty outdoorsy spaces – some of the area’s best spots for after-work mooching or serene Sunday tipples – and plenty of shops on your doorstep thanks to the neighbouring rejuvenated Oaks Shopping Centre. Commuting is a doddle, too, with fast connections all over the city via Acton Central and Acton Town


Peckham Place, Peckham

A creative and entrepreneurial influx has been the driving force behind Peckham’s increasingly exciting nightlife and restaurant scene. Yet it’s lost none of its gritty charm, nor its multiculturalism or originality. Look to Peckham Place and you’ll be in the heart of the action – a desirable collection of one, two and three bedroom homes, surrounded by immaculate gardens and topped with a roof garden for sweeping views of the twinkly city lights. Everything has been thought of – and that includes its top-notch location, perched close to Queen’s Road Peckham and Peckham Rye stations, with trains to zip you in and out of town in around 20 minutes.


The Chain, Walthamstow

If you’ve been to Walthamstow recently, you’ll recognise the spaces transformed into uber-cool joints to mull over an artisan coffee or seek out talented young chefs. It’s on the up, and that’s always a revelation if you’re considering buying here… and we’ve found just the place. The Chain sits between the three stations of St James Street, Walthamstow Queens Road and Walthamstow Central - an undeniably hip collection of homes with sunblushed private terraces, polished landscaped gardens, and unprecedented access to this reinvented corner of the capital.


New River Walk, Hornsey

Wedged between Crouch End and the Alexandra Palace, Hornsey may be somewhat under-the-radar, but huge investments in the North London suburb has meant a new generation of home buyers is flocking to the district. And right up there in the popularity stakes is New River Walk – a cool and contemporary portfolio of homes overlooking the namesake waterway. Much of the collection has already been sold so you’ll have to move quickly on this one. And with balconies lording over the city and high-spec fittings, it’s easy to see why. 


Royal Arsenal Riverside, Woolwich

It’s all too easy to overlook Woolwich. But this new waterside address is set to rapidly change the area’s fortunes. Perched in the heart of the south-east district, the in-the-making Royal Arsenal Riverside is delivering a mass of desirable homes. But it’s not just the plush new pads that are turning heads. Sitting cheek-by-jowl with National Rail and DLR stations, this game-changing development will also have an on-site Crossrail station and Thames Clipper pier, whizzing residents all over the capital. And with a vibrant retail hub, a luxury spa, a gym, and cracking Thameside views, investing in a shared ownership property here is a no-brainer.


Castra Apartments, Barnet

Leafy, sedate and unassuming, Mill Hill is the perfect catch for homebuyers seeking serene urban living… and yes, that is possible, even in London. And the fresh Castra Apartments is another newbie on the property market that’s adding intrigue. Interiors are bright, cool and refined and the surrounding area is knockout for anyone wanting to combine London life with that escape-to-the-country vibe. When you need to get around, Mill Hill East underground station on the Northern Line is a short walk away; and short drives to The Broadway and Finchley High Street take you to buzzy restaurants, on-trend upstarts, supermarkets and shops.


The eligibility criteria for shared ownership is simple; as long as you don’t currently own, or won’t own another property when you move in to a new home, you’re likely to qualify.

Your annual household income (that’s both yours and your partners’ if buying together) can’t exceed £90,000 and you’ll need to have savings to cover purchasing costs such as solicitors fees and your mortgage deposit.

No age restrictions. It doesn’t matter what you do for a living. Buying on your own, with a partner or friend or you have children, there could be a shared ownership home just for you.

Shared ownership is much more affordable than buying outright, however you’ll still need a mortgage deposit. This is usually a minimum of 5 or 10%, based on the value of the share, not the full market value.

So, if you were buying a 25% share of a £400,000 home for £100,000, you’ll need to have a minimum of £5,000 (5% of £100,000) for your mortgage deposit.

You’ll also need savings to cover initial purchase costs such as mortgage and solicitors fees; this is normally around £3,000.

To reserve your chosen home, you’ll also need to pay a reservation fee. This will secure the home as yours until a formal offer is made, and will usually be between £250 and £500. This cost will come off the total purchase price when your sale completes.

Registering your interest or checking your eligibility for a property with Property Booking will mean directly applying for a home; we’ll even do some initial affordability checks too!

It’s completely free to register and we’ll also send you alerts of homes you’ll be interested in if you want us to. 

Yes, this is called ‘Staircasing’ which means increasing the share of the property you own. You can do it gradually over time, to eventually own your home 100%.

The cost of additional shares is calculated by the market value of your home when you decide to start staircasing.

Some housing associations (only a few) cap the amount of shares you can buy. Make sure you discuss this with your housing association, so you’re clear on exactly how much you can staircase before you buy a property with them.

Within reason! You don’t need anyone’s permission to hang pictures, strip the hallway, or paint every room a different colour. But knocking down walls or any other structural changes will need the housing association’s say. Of course, any improvements you make to the property will be taken into account when you want to sell – it could increase its value.

Should I buy with shared ownership in London?

London: it’s lively, it’s cool, it’s cosmopolitan. This is a city obsessed with the Next Big Thing – be it cult restaurants, imaginative fashion stores and bars that everyone’s trying to get into. A serious international player, it’s not one for complacency and London’s neighbourhoods are constantly evolving - from hipster-centric Shoreditch to the work-hard play-hard mantra of Canary Wharf. There’s no question you want to stay. But just because you’re tired of renting doesn’t mean you have to bid farewell to the capital. You can get on the property ladder, be it through shared ownership in London or help to buy. Here’s how…

Part-buy Part-rent London

Culturally, it ticks all the boxes, job-wise – it’ll never let you down, and when it comes to fun and exciting things to do, well, you’re spoilt for choice. And with the Elizabeth Line (formerly Crossrail) set to speed up commutes and travel across the capital later this year, there’s never been a better time to invest in a property in the Big Smoke.

The question is, can you afford it? Naturally, the answer is a big fat yes. How? Through shared ownership - a fantastic option for wannabe homeowners.

So you’ve fallen in love with the big Smoke and want to put your roots down. The good news is there are thousands of shared ownership properties in the capital where you can ‘part buy part rent’, from plush one-bedroom flats in Southwark to three-bedroom waterside apartments in Canary Wharf. Many are attached to workspaces, thrumming cafes and green pockets, and interior-wise, they’re cool and contemporary spaces. If you want East London’s rollicking nightlife, alternative restaurants and arts scene on your doorstep, there are several shared ownership properties peppered around with swish kitchen/ diners, secure parking and easy access to key tube and overground stations.


Resales in London

Living amongst the grandeur of Zone 1 isn’t off limits either, with a new development on City Road, amongst the tech upstarts and creative collectives in this part of town. Head south, to the charm-filled streets of Wandsworth, where flats come with balconies, and over in leafy Greenwich, white-washed homes in immaculate condition open to views of the Royal Arsenal. With such regeneration sweeping across the capital, the option of Shared Ownership Resale properties is something home-owner hopefuls should also consider.

The principle is simple: it’s the same government-backed scheme with the ‘part rent part buy’ element, but you’re buying a property from an owner who originally bought the home through shared ownership.

Choose a Resale as your property ladder stepping stone, and you’ll purchase at least the current owner’s share on the existing lease, with the chance to buy more shares as time goes by. Winner.