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%.

Malthouse Court


Brentford, Hounslow, TW8 0FR

Shared ownership
Studio bedroom homes
Share price
Coming soon
Full price
Coming soon

Overview

Two bedroom ground flat available to buy through Shared Ownership in the London Borough of Hounslow. Full market value £550,000 share available to buy is 50% with an asking price of £275,000.

Monthly fees
Income: £81,641
Monthly Mortgage*: £ 1,461.93 
Rent: £ 543.52 (from 1st April 2017)
Ground Rent: £25.00
Service Charge**: £235.09 (from 1st April 2017)
Council Tax: £138.08

Estimated Total (per month): £2,265.54 (excluding Council Tax)

*Estimate 
** Service Charge payable to Resident Management Company
The monthly mortgage is based on an interest rate of 4.99 % with a capital and interest repayment over 25 years. It is based on a 90% mortgage The rent may increase each year, the increase calculation will be specified in the lease.

 

Ground floor flat
Entrance leading to hallway, reception room /kitchen area, Two bedrooms, one with en-suite shower room/WC, and family bathroom/WC

External
Two balconies, Disabled parking bay

GIA
87 square metres as per RICS valuation

Accessibility rating
F – General access

EPC rating
B

Length of lease
96 years

Borough
Hounslow


Housing Provider

Notting Hill Genesis
Shared ownership
Studio bedroom homes
Share price
Coming soon
Full price
Coming soon