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%.
Fenton Road is a new collection of contemporary 2 bedroom homes in North London available for Shared Ownership.
Situated in this vibrant neighbourhood in the heart of north London, Fenton Road is close to open green spaces and parks, the city, the famous Tottenham Hotspur Football Club on White Hart Lane while also being well connected to central London.
Homes at Fenton Road also combine bright contemporary interiors and flexible open-plan layouts with economical design features, ensuring a minimal impact on the environment. Meanwhile, each home has its own outdoor space to increase your enjoyment of the area and improve your quality of living. Perfect for singles, couples or small families, Fenton Road is a wonderful place to make a home.
*/** terms and conditions apply.
Local area information
Fenton Road is perfectly positioned between the urban centres of Edmonton and Wood Green which both offer a huge range of amenities and leisure facilities. For education there is a range of good primary and secondary schools to choose from: both Alexandra Park School and Rhodes Avenue Primary are considered "Outstanding" by Ofsted.
Fenton Road is well connected by both tube and bus services. Wood Green Underground station (Piccadilly Line - Zone 3) is 20 minutes walk away and is convenient for the West End, west London, or even journeys to Heathrow whist White Hart Lane station (Overground) is less than a mile away and connects to London Liverpool Street in 35 minutes and Highbury and Islington station in just over 20 minutes. There are also very good bus services from Fenton Road connecting with further stations and taking you into the heart of the London, Trafalgar Square.
No matter what your idea of fun is, you will never be short of things to do in this part of London.
Prices are not available yet for Fenton Road but you can register your interest to be notified when prices become available.
Plot breakdowns are not available yet for Fenton Road but you can register your interest to be notified when prices become available.
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.