Shared ownership is another way to buy your own home. You buy a percentage, and pay rent on the rest. The housing association owns part of it — but you’re living there, you decorate it, and you decide when to sell.

Buying a percentage means a smaller deposit and smaller mortgage. It’s a sooner first step on the ladder for lots of people. Usually, you can also carry on buying shares, to own it 100%.

30 Barking Road


Newham, Newham, E16 1GQ

Shared ownership
Studio bedroom homes
Share price
Coming soon
Full price
Coming soon

Overview

Two bedroom second floor flat, in the London Borough of Newham, available to buy through Shared Ownership. Full market value £445,900,000. 25% share available, share price £111,475.

Monthly fees
Mortgage*: £592.61 
Monthly Rent: £495.14 
Other Housing Service Charge**: £ 202.52
Notting Hill Service Charge: £13.50 
Council Tax: £92.19

Estimated Total (per month): £1,303.77

*The monthly mortgage is an estimate based on an interest rate of 4.99 % with a capital and interest repayment over 25 years. It is based on a 90% mortgage. The rent may increase each year, the increase calculation will be specified in the lease.
** Service Charge payable to Trinity Estate Management

 

 

Ground floor
Communal entrance hall with stairs and lift to upper floors

Second floor
Hallway, open plan reception room/kitchen, bedroom 1, bedroom 2, bathroom.W.C & shower room/W.C.

External
Balcony/winter garden
Communal garden

GIA
65.4 square metres (703.96 sqft) as per RICS valuation

EPC rating
B

Length of lease
94 years

Borough
Newham


Housing Provider

Notting Hill Genesis
Shared ownership
Studio bedroom homes
Share price
Coming soon
Full price
Coming soon