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%.

Douglas Close


Harrow, Harrow, HA7 3FJ

Shared ownership
Studio bedroom homes
Share price
Coming soon
Full price
Coming soon

Overview

One bedroom second floor flat, in the London Borough of Harrow, available to buy through Shared Ownership. Full market value £290,000. 30% share available, share price £87,000.

Monthly fees
Monthly Mortgage**: £462.50 
Monthly Rent: £372.84
Notting Hill Housing Service Charge*: £124.38
Notting Hill Administration Fee: £0
Ground Rent: £12.50 
Council Tax: £121

Estimated Total (per month): £972.22 (excluding council tax)

*Service Charge payable to Notting Hill Housing 
**Estimate: The monthly mortgage is based on an interest rate of 4.99 % with a capital and interest repayment over 25 years. It is based on a 90% mortgage the rent may increase each year, the increase calculation will be specified in the lease.

Ground floor
Intercom, entrance hall and stairwell to:

Second floor
Entrance Hall with storage cupboard, living room/kitchen (6.5 m x 3.8 at widest) with door to balcony, bedroom (4.9m x 3.8m at widest) Bathroom (2.4m x 2.0m) with panelled bath and shower over wash hand basin

External
Balcony

GIA
47.8 square metres (515 sq. ft) as per RICS valuation

Accessibility rating 
F – General Housing

EPC rating
B

Length of lease
94 years

Borough
Harrow


Housing Provider

Notting Hill Genesis
Shared ownership
Studio bedroom homes
Share price
Coming soon
Full price
Coming soon