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)
Gaumont House, 2 bed homes
10 mins walk to Peckham Rye
Close to bus routes
Close to local station and supermarket
Excellent views of London
Secure fob system
Available for 45% share
A two bedroom two bedroom located in Peckham available through Shared Ownership Scheme
Available for £164,250 for 45% share based on the marketing figure of £365000
SO Resi Monthly Payment - £513.08
Monthly Service Charge - £115.94
Total Monthly Charge - £629.02 PLUS MORTGAGE REQUIRED FOR 45% SHARE
Minimum income requirement - £54,029
Buy more shares for a minimum of 10%
Size of property : 69m2
Two bedroom fifth floor in Peckham, SE15 available for shared ownership. This property comprises of two large double bedrooms, large open plan kitchen/ lounge/diner and bathroom. Includes secure bike storage.
Close to local amenities including Supermarket, (300m), Leisure centre (400m), Cinema(650m). Transport links include Peckham Rye Train station (750m), Bus station (300m), Queens Road train station (500m)
Energy Rating Band - D
Environmental Impact Band - C
All room dimensions approximate.
Please note figures given for SO Resi monthly payment and service charge are correct at time of marketing. There is an annual increase that takes place. Please contact us for more information.