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%.

Read more about Shared ownership (Opens in new window)

Albert Embankment Collection, 1 bed homes


The Dumont, 22-29 Albert Embankment, Lambeth, Lambeth, SE1 7TJ

Videos, 3D tours


Shared ownership

Starting prices

25% share from
£116,250
Full price
£465,000
Minimum deposit
£5,813
Monthly rent
£799
Monthly service charge
£225

Overview

Reserve for just £99* - Offer EXTENDED to 31st July 2020

Reserve your dream home with Shared Ownership on or before 31st July 2020 for only £99*.

Contact Clarion Housing today and find out how easy it is to reserve your new home.

*£99 reservation fee only available on Clarion Housing Shared Ownership homes until 31st July 2020. Full T&Cs available on request.

 

Upcoming viewing days now available

- Saturday 4th July from 9.30am to 4.30pm
- Friday 10th July from 1pm to 4.30pm

Contact the sales team to book your visit. We will explain the safe-distancing and hygiene measures in place to keep everyone safe.

Luxury studio and one bed apartments to purchase off-plan - Shared Ownership homes 70% RESERVED

Reserving a new home at the Albert Embankment Collection has never been more affordable. 

• Benefit from a £250 contribution towards legal fees (£1,000 exclusively on the last-remaining Studio apartment)*

• Shared Ownership residents will have access to the concierge service, cycle storage and FREE car club membership for three years with £60 driving credit *

*Terms & Conditions apply – speak to our sales team for details. The sum of £250 (one-bed) or £1,000 (Studio) will be deducted, on completion, for any reservation that exchanges within 28 days of the Memorandum of Sale (MOS) being issued.

If you have not registered your interest yet please do so now to take advantage of this unique opportunity to 'live the London life'.

The Albert Embankment Collection is a series of luxury studio and one bedroom apartments available for Shared Ownership within The Dumont, one part of the centrepiece of the exclusive Albert Embankment Plaza built by St James (part of the Berkeley Group) also comprising the Corniche and Merano Residences.

A unique opportunity to live in a Thames-side, Zone 1 location that will put you within a stone’s throw of the Houses of Parliament, the London Eye, the West End and the City.

To register your interest, or for any other enquiries, please contact Clarion’s Customer Service Team

www.myclarionhousing.com/sharedownership

Please note:

All images displayed throughout are indicative only and may not correspond exactly to the available properties described.

These prices are to be used as a guideline only as they may change.


Local area information

A unique opportunity to live in a Thames-side, Zone 1 location that will put you within a stone’s throw of the Houses of Parliament, the London Eye, the West End and the City.


Plot availability

Plot number 2.08
Tenure Shared ownership
Availability Available
Bathrooms 1
Minimum share 25%
Minimum share price £116,250
Full market price £465,000
Monthly rent £799
Monthly service charge £225
Ownership Leasehold
Plot number 2.04
Tenure Shared ownership
Availability Available
Bathrooms 1
Minimum share 25%
Minimum share price £135,000
Full market price £540,000
Monthly rent £928
Monthly service charge £308
Ownership Leasehold
Plot number 3.04
Tenure Shared ownership
Availability Available
Bathrooms 1
Minimum share 25%
Minimum share price £136,250
Full market price £545,000
Monthly rent £937
Monthly service charge £308
Ownership Leasehold
Plot number 2.05
Tenure Shared ownership
Availability Available
Bathrooms 1
Minimum share 25%
Minimum share price £146,250
Full market price £585,000
Monthly rent £1,005
Monthly service charge £331
Ownership Leasehold
Plot number 2.09
Tenure Shared ownership
Availability Available
Bathrooms 1
Minimum share 25%
Minimum share price £151,250
Full market price £605,000
Monthly rent £994
Monthly service charge £327
Ownership Leasehold

FAQ's

Min share price from: £116,250 for a 25% share
Full price from: £465,000
Minimum deposit from: £5,813
Monthly rent from: £799
Bedrooms: 0
Bathrooms: 1

There are 5 available ranging from £116,250 for a 25% share to £151,250 for a 25% share.

It’s the same as buying on the open-market but you’re buying a share of a property, so therefore pay a mortgage on the part you own.

An independent mortgage advisor can help suggest which type of mortgage might be best for you, based on your situation.

Leasehold, which is essentially the contract for the share you've bought.

It means you've got the right to keep your home for a certain number of years (usually at least 125), but the land belongs to someone else. Your lease also sets out how much you need to pay each month, your responsibilities while living there and all the details of your agreement with the housing association. Make sure you go through it and ask lots of questions.

Your solicitor can help you with this.

It all depends on your lease (your contract with the housing association) so check it thoroughly and ask questions before you buy.

Housing Provider

Clarion
Shared ownership

Starting prices

25% share from
£116,250
Full price
£465,000
Minimum deposit
£5,813
Monthly rent
£799
Monthly service charge
£225