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)

Atelier Point, 1-3 bed homes


Jupp Road West, Stratford, Newham, E15 2JB

Shared ownership

Starting prices

40% share from
£141,000
Full price
£352,500
Minimum deposit
£7,050
Monthly rent
£485
Monthly service charge
£118

Overview

A collection of stunning 1, 2 & 3 bedroom apartments available from £7,050* deposit for a 40% share through Shared Ownership.

These apartments are perfect for young professionals and couples, with Stratford Station a 5-minute walk away with links to central London and a 10-minute walk to Westfield Stratford City. The development also benefits from a vast array of shops, bars and restaurants close by, giving you access to the best the area has to offer.

Prices on this development start from 40% equity share. 

You will need a minimum 5% deposit (of the share value) for mortgage purposes, plus monies to pay for solicitor fees, moving costs & furnishings.

*Deposit based on a 40% share of a 1 bedroom property with a full market value of £352,500.


Local area information

Since transformation in 2012 on the back of the Olympics, Stratford has grown and thrived.  There is a strong artistic community with a critically acclaimed theatre, a children’s story centre, a rooftop film club and numerous independent bars and restaurants. 

An ideal location for young professionals and couples, with Stratford Station a 5-minute walk away with links to central London and a 10-minute walk to Westfield Stratford City. 

As well as access to Westfield Stratford City’s 250 shops and 65 restaurants, Stratford has thrilling attraction like the Accelormittal Orbit. Accelormittal Orbit is the world’s tallest and longest tunnel slide and offers stunning views of London from its viewing platforms.

The apartments at Atelier Point are in a perfect location for commuters. With the Stratford Underground a short walk, you have access to the Central and Jubilee lines as well as the DLR, London Overground and TFL rail lines; allowing you can be in Canary Wharf, Liverpool Street or Oxford Circus in under 30 minutes. 

 


Plot availability

Plot number 3.07
Tenure Shared ownership
Availability Available
Bathrooms 2
Minimum share 40%
Minimum share price £194,000
Full market price £485,000
Monthly rent £667
Monthly service charge £150
Ownership Leasehold

These apartments are perfect for young professionals and couples, with Stratford Station a 5-minute walk away with links to central London and a 10-minute walk to Westfield Stratford City. The development also benefits from a vast array of shops, bars and restaurants close by, giving you access to the best the area has to offer.

Key Features

  • 2 bedroom apartment 

  • Four Ring Hob, Built in Single Oven and integrated Cooker Hood

  • Integrated Washer / Dryer and  Fridge Freezer

  • Flooring throughout 

  • Balcony or winter garden in each property 

  • Communal roof terrace

Plot number 4.04
Tenure Shared ownership
Availability Available
Bathrooms 1
Minimum share 40%
Minimum share price £196,000
Full market price £490,000
Monthly rent £674
Monthly service charge £151
Ownership Leasehold

These apartments are perfect for young professionals and couples, with Stratford Station a 5-minute walk away with links to central London and a 10-minute walk to Westfield Stratford City. The development also benefits from a vast array of shops, bars and restaurants close by, giving you access to the best the area has to offer.

Key Features 

  • 2 bedroom apartment 

  • Four Ring Hob, Built in Single Oven and integrated Cooker Hood

  • Integrated Washer / Dryer and  Fridge Freezer

  • Flooring throughout 

  • Balcony or winter garden in each property 

  • Communal roof terrace


FAQ's

Min share price from: £194,000 for a 40% share
Full price from: £485,000
Minimum deposit from: £7,050
Monthly rent from: £667
Bedrooms: 2
Bathrooms: 2

There are 2 available ranging from £194,000 for a 40% share to £196,000 for a 40% 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

Sage Housing
Shared ownership

Starting prices

40% share from
£141,000
Full price
£352,500
Minimum deposit
£7,050
Monthly rent
£485
Monthly service charge
£118