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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Eden House, 1-2 bed homes
Starting prices
Overview
Learn more about reserving off plan today.
Eden House is an exciting new development offering a variety of one and two bedroom Shared Ownership homes for individuals, couples and young families. Residing in this cosmopolitan Zone 4 borough, you are perfectly situated for accessing Central London, neighbouring Richmond and Twickenham or simply sampling the delights that Hounslow has to offer.
Eligibility
Open to applicants living and/or working in the Borough of Hounslow
Be in a permanent full time employment
Must hold UK/EU resident status or with indefinite leave to remain
You cannot afford to buy a home suitable for your needs on the open market.
You will need sufficient savings for a mortgage deposit and a clean credit history to qualify for a mortgage.
Your annual household income must be less than £90,000.
Local area information
Hounslow with its excellent rail connections lies just 30 minutes west of Central London. Eden House is ideally located for individuals looking to commute into the West End, where you reach Piccadilly Circus in just 37 minutes and are only two-minute walk from Hounslow Central (Zone 4).
Walk for less than 15 minutes and you’ll reach Hounslow Rail Station which is served by South West Trains. Here you can travel directly in to London Waterloo in 40 minutes, or travel westwards to Reading, Weybridge, Woking and Windsor.
For drivers, Hounslow is situated by the A40 Great South-West Road leading west to Chiswick and Hammersmith and close to motorways, M4, M25 and M3. The borough also hosts car sharing and rental companies, allowing drivers without their own car more freedom to explore.