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)

Ashview Apartments - GEN57, 1 bed homes


Ashview Apartments, London, Hackney, N4 1FN

Shared ownership

Starting prices

25% share from
£100,000
Full price
£400,000
Minimum deposit
£10,000
Monthly rent
£509
Monthly service charge
£106

Overview

Sixth floor one bedroom home in the London borough of Hackney for £100,000 (25% share] share price of £400,000 (full market price), available through Shared Ownership.

Ground Floor

Secure lobby, stairs and lift

Sixth Floor

Entrance hall, living/kitchen/diner area, bathroom and bedroom

External

Balcony

GIA

50 sqm

EPC rating

B

Accessibility

F

Length of lease

118 years

Borough
Hackney

 

Monthly Fees

Monthly Mortgage*: £505.79

Monthly Rent: £509.41

Service Charge: £105.94

Council Tax: 1,293 annually  

Estimated Total (per month): £1,121.14 excluding council tax

*Estimate – The monthly mortgage is based on an interest rate of 4.5% 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.
 

 


Local area information

Local Transport

Manor House Station – 0.3 miles

Harringay Green Lanes – 0.5 miles

Stamford Hill – 0.9 miles


Housing Provider

Notting Hill Genesis
Shared ownership

Starting prices

25% share from
£100,000
Full price
£400,000
Minimum deposit
£10,000
Monthly rent
£509
Monthly service charge
£106