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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Dillon Court, 2 bed homes
Prices start from £127,750 for a 35% share or £273,750 for a 75% share. (Full market value £365,000.)
Only 7 two-bedroom apartments remain at Dillon Court, a beautiful new development made for homebuyers that are 60+ years of age.
Local area information
All apartments at Dillon Court have been designed with a modern specification including fully fitted kitchens with Bosch appliances and emergency pull-cord system. All homes are designed to be energy efficient ensuring all our homeowners with the comfort and conveniences of owning a brand-new home. Located a short 8-minute bus ride away from Sutton town centre which holds a thriving high street with the St Nicolas Centre shopping mall and an Empire Cinema, Dillon Court is positioned perfectly to allow our homeowners to enjoy the facilities of this sought-after town. However, if you would prefer a quiet afternoon at home Dillon Court provides a communal lounge and roof terrace. Just 3 miles away, the St Helier Hospital is located with a 24-hour A&E department and comprehensive diagnostic facilities.
Dillon Court is also well located with excellent train and road connections, making local, domestic and international travel effortless. With both Sutton and Belmont train stations located less than a mile from Dillon Court, travelling by train is a great option. Fast services will have you at London Victoria in just over half an hour and at London St Pancras in less than 45 minutes. The locale is also very well-served by buses, with over 20 routes in the nearby area, going as far as Wimbledon, Croydon, Epsom and Victoria, and there are three routes on Brighton Road itself.
For motorists, it's only a 15-minute drive from Brighton Road to the M25, or ten minutes to the A24 which goes north to South West London (from where Central London is easily accessible) and south to the seaside town of Worthing.
International travellers can choose between Gatwick, which is half an hour's drive away or an hour by train, and Heathrow, which is approximately a 45-minute drive or an hour and a half by train.