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%.
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Insignia Place, 1-4 bed homes
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Set within the thriving community of Woolwich, Insignia Place is a stunning collection of one, two, and three bedroom apartments and three and four bedroom duplexes, with 16 available now through shared ownership.
Perfectly situated with high specification finishes, luxurious light-filled rooms and amazing balcony views, these spacious apartments will be sure to take your breath away, and you're ideally placed to explore everything that Woolwich has to offer.
Prices start from £370,000 but, with shared ownership, you could be purchasing from a 25% share for as little £92,500. If you're buying with a mortgage you'll only need a 5% deposit on the share you purchase, which means your mortgage deposit could be as little as £4,625**
*This is based on a 25% share (£92,500) of a two bedroom apartment valued from £370,000 with a 5% mortgage deposit (£4,625).
Photos and CGIs are for illustrative purposes only and may feature previous developments.
Local area information
At Insignia Place you’re certain to be well catered for.
Local amenities like medical centres and gyms are all within easy reach, as are a variety of supermarkets and shops. You’re also sure to find something special in the eclectic markets at Beresford Square and the Royal Arsenal Farmers Market
Commuting from Insignia Place couldn’t be easier - the Woolwich Arsenal and Woolwich Dockyard stations link you directly to the heart of London, TfL administers reliable local bus services, and the free ferry service will take you across the Thames and back in no time.
The neighbourhoods around Insignia Place offer so much to see and do – explore the glorious open spaces of Greenwich and the historic back streets of Blackheath, or sample a wealth of cuisines in Woolwich, everything from Italian to Eritrean!
Whether you choose to stay local or journey further afield, we’re sure you’ll love your new home at Insignia Place.