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)

Barking Riverside, 3 bed homes


Northgate Road, Barking, Barking and Dagenham, IG11 0DS

Videos, 3D tours


Shared ownership

Starting prices

25% share from
Coming soon
Full price
Coming soon

Overview

New phase coming soon!

Barking Riverside is growing to become a brand new town in East London, this selection of the Parklands Phase by L&Q will be available through Shared Ownership in Barking.

The apartments benefit from ample natural light via the floor-to-ceiling windows that lead to outside space; a garden on the ground floor and balcony or terrace on the upper levels.

Barking Riverside Station will open in 2021 and is part of the £263 million extension to London Overground. Once up and running, residents will be able to reach central London in just 22 minutes. Regular bus services currently run to and from Barking town centre’s train and tube lines. Dagenham Dock Station is within easy reach offering regular services to London Fenchurch Street in 25 minutes. Limited parking will be available across the Parklands phase, residents will also have access to an Enterprise Car Club service.  

Viewings
Please note, following recent government advice, we have temporarily closed our sales and marketing suite. Our Sales Team are still on hand and will be able to offer virtual tours and give you more information on our developments via phone or email.

The Borough of Barking and Dagenham has been named the second fastest area for rising house prices in London. In February 2018 it was reported that there was 4.4% annual increase in property prices*

*UK house Price Index February 2018


Local area information

Barking Riverside lies beside 2km of beautiful South-facing River Thames frontage, covering 443 acres which will eventually include 10,800 new homes of mixed size and style. There is also provision for 65,000 square metres of commercial floor space for shopping, restaurants, cafés, community and leisure facilities. The Parklands phase will feature open green spaces as well as an Ecology Centre due to open summer 2019.

London’s only district to adopt the NHS Healthy New Town initiative, Barking Riverside is set to incorporate a wide range of health measures, such as an on-site GP surgery, designed to help the residents to live longer, healthier, happier lives. A key element of the initiative is the network of cycle routes, located along the river and through every stage of the development.


Plot availability

Plot number 377
Tenure Shared ownership
Availability Coming soon
Bathrooms 2
Minimum share 25%
Minimum share price £82,500
Full market price £330,000
Monthly rent TBC
Monthly service charge TBC
Ownership Leasehold
Plot number 388
Tenure Shared ownership
Availability Coming soon
Bathrooms 2
Minimum share 25%
Minimum share price £83,125
Full market price £332,500
Monthly rent TBC
Monthly service charge TBC
Ownership Leasehold
Plot number 372
Tenure Shared ownership
Availability Coming soon
Bathrooms 2
Minimum share 25%
Minimum share price £105,000
Full market price £420,000
Monthly rent TBC
Monthly service charge TBC
Ownership Leasehold
Plot number 373
Tenure Shared ownership
Availability Coming soon
Bathrooms 2
Minimum share 25%
Minimum share price £105,000
Full market price £420,000
Monthly rent TBC
Monthly service charge TBC
Ownership Leasehold
Plot number 374
Tenure Shared ownership
Availability Coming soon
Bathrooms 2
Minimum share 25%
Minimum share price £105,000
Full market price £420,000
Monthly rent TBC
Monthly service charge TBC
Ownership Leasehold
Plot number 375
Tenure Shared ownership
Availability Coming soon
Bathrooms 2
Minimum share 25%
Minimum share price £105,000
Full market price £420,000
Monthly rent TBC
Monthly service charge TBC
Ownership Leasehold
Plot number 376
Tenure Shared ownership
Availability Coming soon
Bathrooms 2
Minimum share 25%
Minimum share price £105,000
Full market price £420,000
Monthly rent TBC
Monthly service charge TBC
Ownership Leasehold

FAQ's

Min share price from: £82,500 for a 25% share
Full price from: £330,000
Bedrooms: 3
Bathrooms: 2

There are 7 available ranging from £82,500 for a 25% share to £105,000 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

L&Q London
Shared ownership

Starting prices

25% share from
Coming soon
Full price
Coming soon