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)

Bellville House , 2 bed homes


Greenwich, Greenwich, SE10 9FX

Shared ownership

Starting prices

25% share from
£125,000
Full price
£500,000

Overview

Moat is pleased to present this modern two bedroom apartment located in the Royal Borough of Greenwich.


    Local area information

    Greenwich has a collection of independent shops, restaurants, pubs and bustling local markets which offers everything from fashion to jewellery. Greenwich Market is overflowing with stalls and shops run by artists, designers and food producers.  Greenwich Main line and DLR station is 0.2 miles from the apartment with links to Central London, and DLR links to Stratford. There is convenient access to A206 which links to the A2. The O2 arena is 2.6 miles away, accessible by both car and public transport.


    Plot availability

    Plot number 28
    Tenure Shared ownership
    Availability Available
    Bathrooms 1
    Minimum share 25%
    Minimum share price £125,000
    Full market price £500,000
    Monthly rent £919
    Monthly service charge £293
    • Entrance hall
    • Large open plan lounge/dining area with access to private balcony via double glazed doors
    • Modern fully fitted kitchen with wall mounted and base units, integrated appliances and tiled floor, breakfast bar installed by current owners
    • Master bedroom, floor to ceiling window units, with en-suite shower room 
    • Second bedroom, floor to ceiling window units
    • Fully fitted bathroom with benefit of thermostatic controlled overhead shower and screen
    • Video Entry phone
    • Lifts to all floors
    • Gas Central Heating
    • Additional tall wall radiatiors fitted by current owners
    • Pre Wired Sky plus
    • Carpets to non- wet area
    • Lease details: 125 years from 1 June 2004
    • EPC Rating: B (84)

    FAQ's

    Min share price from: £125,000 for a 25% share
    Full price from: £500,000
    Monthly rent from: £919
    Bedrooms: 2
    Bathrooms: 1

    There is only one available priced at £125,000 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

    Moat
    Shared ownership

    Starting prices

    25% share from
    £125,000
    Full price
    £500,000