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%.
Castra Apartments
Overview
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Castra Apartments benefits from being within a short distance from so much of what north London has to offer. This isn't to say that the rest of the capital is out of reach, though. London's underground network is easily accessible from Mill Hill East underground station on the Northern Line, a pleasant 12 minutes' walk from the development and Finchley town centre is a small 25-minute walk from the property.
Local area information
Mill Hill is a quiet residential area within easy reach of all amenities including Waitrose supermarket, a short 15 minutes walk from the development or a 6 minute drive. The Broadway, a bustling high street an 11 minute drive away, has both high street staples such as M&S, Costa and Pizza Express as well as independent cafes like Bluebelles of Portobello serving popular brunches.
Head to Finchley High Street, a 10 minute drive, for neighbourhood pubs such as Catcher in the Rye for modern British dishes, or further along find brewpub The Bohemia for a large selection of craft beer.