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)
Langtry House, 1 bed homes
Modern one bedroom second floor flat in good condition available for shared shared ownership sale in Kingston. The accommodation comprises one double bedroom, open plan living room with balcony access, hallway, bathroom with 3 piece suite with shower over bath, Includes standard boiler and immersion. Great apartment for first buyers. Close to local amenities and Norbiton station.
Available for £108,000 for 40% share based on the marketing figure of £270,000
SO Resi Monthly Payment - £430.56
Monthly Service Charge - £76.11
Total Monthly Charge - £506.67 PLUS MORTGAGE REQUIRED FOR 40% SHARE
Open plan living
3 piece suite with shower over bath
2.58m x 3.03m
Energy Rating Band - C
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.