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)

Moat at St Mark's Square, 1 bed homes


10 St Mark's Square, Bromley, BR2 9YD

Shared ownership

Starting prices

25% share from
£94,375
Full price
£377,500
Minimum deposit
£4,719
Monthly rent
£636
Monthly service charge
£194

Overview

The final one bedroom apartment is available to reserve!

Open evening Thursday 10 December - register your interest to book your appointment today!


The final one bedroom apartment (62 Varney Court) at the exclusive St Mark's Square is available for shared ownership.

St Mark's Square is a new residential and leisure quarter available for shared ownership in Bromley, with a landscaped plaza surrounded by a nine screen multiplex cinema, cafés and restaurants. Just a short walk from Bromley South train station with direct links to central London in just 16 minutes - perfect for commuters.

This elevated home comes complete with the following features:

- Fully fitted Capricorn kitchen in dove grey gloss and white with laminate worktop in crystal black.
Integrated Zanussi appliances including electric oven, ceramic hob, extractor hood, washer dryer and fridge freezer.
- Contemporary fully fitted bathroom with shower facility, screen and chrome heated towel rail.
- Carpet to bedrooms. Novilon vinyl flooring to all remaining areas.
- Private balconies
- Central heating
- Underfloor heating
- En-suite to two bedroom apartment
- Allocated parking space**
- 12 year NHBC warranty

(Above is the current proposed specification and is subject to change)​

Please note: Moat do not allow pets in apartments.

Applicants must have an annual income (joint or single) of less than £90,000.


Local area information

St Mark’s Square’s vibrant public square will soon be home to an excellent selection of restaurants, including Prezzo, Turtle Bay, Las Iguanas and Nando’s. The impressive nine screen multiplex VUE cinema and a Premier Inn hotel complete the collection, making St Mark’s Square an exciting and vibrant area to live in.

Residents will also be able to enjoy unrivalled access to Bromley’s bustling high street and The Glades shopping Centre.

St Mark’s Square is an excellent location for fantastic connections into central London. London Victoria can be reached in just 16 minutes from Bromley South train station and London St Pancras in just under 45 minutes.

If you fancy getting away from it all, the beautiful Kent countryside and coast is also within easy reach by car or train.


Plot availability

Plot number 62 Varney Court
Tenure Shared ownership
Availability Available
Bathrooms 1
Minimum share 25%
Minimum share price £94,375
Full market price £377,500
Monthly rent £636
Monthly service charge £194
Ownership Leasehold
  • Fully fitted Capricorn kitchen in dove grey gloss and white with laminate worktop in crystal black.
  • Integrated Zanussi appliances including electric oven, ceramic hob, extractor hood, washer dryer and fridge freezer.
  • Contemporary fully fitted bathroom with shower facility, screen and chrome heated towel rail.
  • Carpet to bedrooms. Novilon vinyl flooring to all remaining areas.
  • Private terraces/balconies.
  • Central heating.
  • Underfloor heating.
  • En-suite.*
  • Allocated parking space*.
  • 12 year NHBC warranty.

 *To certain plots.

 


FAQ's

Min share price from: £94,375 for a 25% share
Full price from: £377,500
Minimum deposit from: £4,719
Monthly rent from: £636
Bedrooms: 1
Bathrooms: 1

There is only one available priced at £94,375 for a 25% 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.

No, but it all depends on your lease (your contract with the housing association) so check it thoroughly and ask questions before you buy.

Housing Provider

Moat
Shared ownership

Starting prices

25% share from
£94,375
Full price
£377,500
Minimum deposit
£4,719
Monthly rent
£636
Monthly service charge
£194