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%.

Fraser Court


Acton, Hammersmith and Fulham, W12 0SE

Shared ownership
2 bedroom homes
50% share from
£244,500
Full price
£489,000
Minimum deposit
£24,450

Overview

The Fraser Court property is a purpose built two bedroom, first floor apartment built around in 2006. It benefits from a private allocated parking space and balcony as well as a communal garden. The lease remaining on the property is 99 years.


Local area information

There are good transport links with East Acton station 0.6 miles away, served by London Underground linking to Oxford Circus in 17 minutes.

Local amenities are located 1.1 miles away at Westfield Shopping Centre with shops, restaurants and bars for leisure and enjoyment. As well as Wormwood Scrubs Park 0.6 miles away just behind Hammersmith Hospital.

Nearest Station: East Acton – Central Line (Zone 2)

Bus routes nearby: Bus routes 7, 70, 72, 272, 283 & N7 from Wulfstan Road and Bus route 95 from Phoenix High School.


Plot availability

Plot number 4
Tenure Shared ownership
Availability Available
Bathrooms 1
Minimum share 50%
Minimum share price £244,500
Full market price £489,000
Monthly rent £315
Monthly service charge £145

Entrance: Hallway with two storage cupboards and video entry phone system leading to…

Living Room: (5.3m x 3.7m) Spacious lounge with access to balcony. Beige carpet.

Kitchen: (5.1m x 2.0m) Beech wood base and wall units with black worktop and tiled splashback. Integrated fridge freezer, oven, hob and extractor fan. Lino flooring.

Bedroom 1: (3.8m x 2.8m) Beige carpet.

Bedroom 2: (3.8m x 2.7m) Beige carpet.

Bathroom: (2.2m x 1.7m) White suite comprising panelled bath with shower over, WC and hand washbasin. Full height tiling around the bath. Lino flooring.

Outside: One allocated parking space, private balcony and communal garden.


FAQ's

Min share price from: £244,500 for a 50% share
Full price from: £489,000
Minimum deposit from: £24,450
Monthly rent from: £315
Bedrooms: 2
Bathrooms: 1

There is only one available priced at £244,500 for a 50% 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

Family Mosaic
Shared ownership
2 bedroom homes
50% share from
£244,500
Full price
£489,000
Minimum deposit
£24,450