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%.
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ASPIRE @ St. Bernard's Gate SO, 1-2 bed homes
ASPIRE @ St Bernard’s Gate is a brand new development situated between Southall and Hanwell in the leafy residential borough of Ealing. The development features a collection of one and two bedroom Shared Ownership and Private Sale apartments set in a new neighbourhood in this little known but well-loved part of West London.
Situated on the former site of St Bernard’s Hospital, the development has been designed to create a collection of modern and stylish apartments whilst remaining sympathetic to the existing Grade II listed buildings that have been retained.
These include the magnificent entrance arch and two gatehouses which create a striking entrance to the development, St Bernard’s Chapel and the Grade II listed North House.
Local area information
From large historical parks to lush green hideaways that only locals know about, St Bernard’s Gate is surrounded by an abundance of green space offering an escape from busy urban life.
The Borough of Ealing is perhaps one of the greenest areas of London boasting numerous parks and green spaces. There are no fewer than seven parks within a thirty-minute walk of the development each with its own unique character.
From Elthorne Park with its acres of meadow leading down to the canal to the formal grounds of Walpole Park with its rich heritage, there is an open space to suit all occasions and moods.
Tucked away from the hustle and bustle of the city but with excellent links to Central London and beyond, residents will also benefit from improved services with the launch of Crossrail from Hanwell in 2019 reducing journey times to Liverpool Street from 44 minutes to 24 minutes.