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)

Horizons Tower - ref NH18, 2 bed homes


Horizons Tower, 1 Yabsley Street, London, Tower Hamlets, E14 9HB

Shared ownership

Starting prices

25% share from
£132,500
Full price
£530,000
Minimum deposit
£13,250
Monthly rent
£958
Monthly service charge
£257

Overview

Second floor, 2 bedroom  apartment in the London borough of Tower Hamlets for £132,500 (25% share) share price of £530,000.00 (full market price), available through Shared Ownership.

 

Monthly Fees

*Monthly Mortgage: £670.18

Monthly Rent: £ 958.48

Service Charge: £257

Administration Fee: £13.50

Council Tax: £1,638 (yearly)

Estimated Total (per month): £1867.16 excluding council tax

 

 

 

 

 


Local area information

Local Transport

Canary Wharf Underground Station – 0.7 miles

Heron Quays DLR Station– 0.9 miles

Canary Wharf DLR Station – 0.8 miles

Canning Town Underground Station – 1.1 miles

 


Housing Provider

Notting Hill Genesis
Shared ownership

Starting prices

25% share from
£132,500
Full price
£530,000
Minimum deposit
£13,250
Monthly rent
£958
Monthly service charge
£257