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%.
Your last chance to purchase through shared ownership at this sought-after development.
The final ground floor apartments comes equipt with its own front garden, parking space with electrict charge charging point and inidividual front door access. With its generously sized bedrooms it is a property you wont want to miss!
TO BOOK YOU VIEWING CALL 0207 539 3745.
Open to those applicants living and/or working in the London Boroughs of Hounslow, Brent, Ealing, Hammersmith & Fulham, Harrow, Hillingdon, Kensington & Chelsea.
Local area information
Fountains Close is the perfect opportunity to own your own home in a location that is well served by local and independent shops, restaurants and sports and leisure facilities, as well as many highly rated schools including St Edmunds, Crane Park, Hampton Hill and Bishops Perrin.
Closest train stations are Whitton Rail Station & Hounslow Central Tube stations. Travel time into Central London approximately 20-25 minutes.
Min share price from: £91,000 for a 35% share
Full price from: £260,000
Minimum deposit from: £4,550
Monthly rent from: £387
There is only one available priced at £91,000 for a 35% 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.