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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Lakeside, 1-2 bed homes


Lakeside, West Thurrock, Thurrock, RM20 3WE

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Shared ownership

Starting prices

40% share from
£102,000
Full price
£255,000
Minimum deposit
£5,100
Monthly rent
£351
Monthly service charge
£193

Overview

Buy with Shared Ownership, a great opportunity to get onto the property ladder and live in this contemporary spacious one bedroom apartment.

The Apartment

These apartments have an open plan kitchen, lounge, dining area with large windows and balcony.  The gloss grey handle less kitchen is designed and installed by Commodore Kitchens and includes Zanussi integrated fridge/freezer, oven, gas hob and integrated hood with coordinating worktops and upstand.

The bathroom has large format tiling, bath with Mira thermostatic shower and glass shower screen with a chrome heated towel rail.  

Each apartment is SkyQ enabled, has a combination boiler and video entry system.  There is a parking space allocated to each home and a bike store at ground level.

What is Shared Ownership?

If you can't afford the mortgage or deposit on 100% of a home, Shared Ownership offers you the chance to buy a share of your home (between 35% and 75%) and pay rent on the remaining share. Later on, you could buy bigger shares when you can afford to and, if you choose, own the property/.

Shared Ownership in Essex is a great way to get onto the property ladder. With great transport connections and good local amenities, it is great for everyone!


Local area information

Local Area

Situated in a prime location, you have all the benefits of Essex’s largest leisure and retail park, Intu’s Lakeside.  This 200 acre shopping centre offers leisure and dining, such as Hollywood Bowl, Vue, Five Guys and Wagamamas along with a huge retail offering from All Saints to Zara and everything inbetween.

Chafford Hundred Railway Station on the C2C line is a 15 minute walk, affording you access to such destinations as Barking (18 minutes), London Fenchurch Street (33 minutes) and Southend (41 minutes).  If you prefer to drive, the M25 and Dartford Crossing are minutes away along with the A13 which can take you into East London and City Airport in around 25 minutes or out towards the seaside in Southend in around 60 minutes

 


Housing Provider

Legal & General Affordable Homes
Shared ownership

Starting prices

40% share from
£102,000
Full price
£255,000
Minimum deposit
£5,100
Monthly rent
£351
Monthly service charge
£193