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%.

Hounslow Place


714-746 London Road, Hounslow, Hounslow, TW3 1PD

Shared ownership
1-2 bedroom homes
35% share from
£120,750
Full price
£345,000
Minimum deposit
£6,038
Monthly rent
£514
Monthly service charge
£166

Overview

Join us at our next viewing day on Thursday 16th January between 12pm - 7pm**

Future viewing days:-

- Tuesday 21st January between 10am - 4pm**
- Saturday 25th January between 12pm - 3pm**
- Saturday 8th February between 8.30am - 3pm**
- Thursday 13th February between 12pm - 7pm**

Please contact Clarion’s Customer Service Team to book your viewing as soon as possible - call 0300 100 0309

Hounslow Place offers a modern haven, nestled conveniently on London Road, creating a calm and serene space at the centre of the hustle and bustle.  
 
Ideally situated on London Road in a beautifully designed modern building, each apartment has both a balcony and private outside space. There is an excellent range of shops, bars and restaurants on the nearby high street, just moments away and Hounslow East Underground station offers access to Zone 1 in just 29-minutes***.
 
Due to popular demand, we will be holding an exclusive preview viewing of Hounslow Place, where you could be the one of the first people to set foot inside this brand new development.

£250 contribution on selected apartments*
 
To see a virtual tour of the development please copy the below link into your browser:-
 
https://my.matterport.com/show/?m=g63HHV9zpZt

To register your interest or for any other enquiries please contact the Customer Service Team – Sales on:-

T: 0300 100 0309

Eligibility

- You must be at least 18 years old.

- You cannot afford to buy a home suitable for your needs on the open market. You will need sufficient savings for a mortgage deposit and a clean credit history to qualify for a mortgage.

- Your annual household income can be no more than £90,000.

- You must be a first time buyer or existing shared owner. If you already own a home, you need to move but you cannot afford to, then please discuss your situation with us. There are some circumstances under which you could be eligible.

Please note:

These prices are to be used as a guideline only as they may change.

* Terms and conditions apply to £250 reservation fee.

** Dates and times are subject to change. All appointments will be confirmed via phone beforehand.

*** Journey times are calculated from Hounslow East Underground station, based on Transport for London data at the time of writing.


Local area information

Ideally situated on London Road in a beautifully designed modern building, each apartment has both a balcony and private outside space. There is an excellent range of shops, bars and restaurants on the nearby high street.


Plot availability

Plot number J.1.1
Tenure Shared ownership
Availability Available
Bathrooms 1
Minimum share 35%
Minimum share price £120,750
Full market price £345,000
Monthly rent £514
Monthly service charge £200
Plot number J.4.1
Tenure Shared ownership
Availability Available
Bathrooms 1
Minimum share 35%
Minimum share price £120,750
Full market price £345,000
Monthly rent £514
Monthly service charge £166
Plot number J.2.1
Tenure Shared ownership
Availability Available
Bathrooms 1
Minimum share 35%
Minimum share price £120,750
Full market price £345,000
Monthly rent £514
Monthly service charge £166
Plot number J.3.1
Tenure Shared ownership
Availability Available
Bathrooms 1
Minimum share 35%
Minimum share price £120,750
Full market price £345,000
Monthly rent £514
Monthly service charge £166
Plot number J.4.3
Tenure Shared ownership
Availability Available
Bathrooms 1
Minimum share 30%
Minimum share price £123,750
Full market price £412,500
Monthly rent £662
Monthly service charge £167
Plot number J.1.4
Tenure Shared ownership
Availability Available
Bathrooms 1
Minimum share 30%
Minimum share price £138,750
Full market price £462,500
Monthly rent £200
Monthly service charge £742
Plot number J.1.4
Tenure Shared ownership
Availability Available
Bathrooms 1
Minimum share 30%
Minimum share price £138,750
Full market price £462,500
Monthly rent £715
Monthly service charge £170
Plot number J.2.4
Tenure Shared ownership
Availability Available
Bathrooms 1
Minimum share 30%
Minimum share price £138,750
Full market price £462,500
Monthly rent £715
Monthly service charge £170
Plot number J.2.2
Tenure Shared ownership
Availability Available
Bathrooms 1
Minimum share 30%
Minimum share price £138,750
Full market price £462,500
Monthly rent £742
Monthly service charge £170
Plot number J.3.2
Tenure Shared ownership
Availability Available
Bathrooms 1
Minimum share 30%
Minimum share price £138,750
Full market price £462,500
Monthly rent £742
Monthly service charge £170
Plot number J.1.3
Tenure Shared ownership
Availability Available
Bathrooms 1
Minimum share 30%
Minimum share price £140,250
Full market price £467,500
Monthly rent £750
Monthly service charge £170
Plot number J.2.3
Tenure Shared ownership
Availability Available
Bathrooms 1
Minimum share 30%
Minimum share price £140,250
Full market price £467,500
Monthly rent £750
Monthly service charge £170
Plot number J.3.3
Tenure Shared ownership
Availability Available
Bathrooms 1
Minimum share 30%
Minimum share price £140,250
Full market price £467,500
Monthly rent £750
Monthly service charge £170

FAQ's

Min share price from: £120,750 for a 35% share
Full price from: £345,000
Minimum deposit from: £6,038
Monthly rent from: £514
Bedrooms: 1
Bathrooms: 1

There are 16 available ranging from £120,750 for a 35% share to £140,250 for a 30% 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

Clarion
Shared ownership
1-2 bedroom homes
35% share from
£120,750
Full price
£345,000
Minimum deposit
£6,038
Monthly rent
£514
Monthly service charge
£166