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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Nacovia House, 2 bed homes

Townmead Road, Fulham, Hammersmith and Fulham, SW6 2GW

Shared ownership

Starting prices

65% share from
Full price
Minimum deposit


A stunning 8th floor two bed apartment constructed in December 2006. The time remaining on the lease is 115 years.

Local area information

Imperial Wharf is a riverside development located next to Chelsea Harbour. The development contains shops, riverside bars, restaurants, and resident’s gym for free access.

The London Overground station at Imperial Wharf is very close by and gives access to the District Line at West Brompton and Clapham Junction for mainline trains running up to Waterloo and Victoria.

Nearest Tube station: Fulham Broadway (Zone 2) served by the District Line.

Nearest Station: Imperial Wharf – London Overground and National Rail.

Bus routes nearby: Bus routes 391 & C3 from Bagleys Lane.

Plot availability

Plot number 38
Tenure Shared ownership
Availability Available
Bathrooms 1
Minimum share 65%
Minimum share price £406,250
Full market price £625,000
Monthly rent £223
Monthly service charge £224

Entrance: Hallway with video entryphone system leading to… ?

Living Room: (4.43m x 3.00m) Spacious lounge open plan to kitchen. Carpeted.

Kitchen: (3.25m x 1.65m) Light oak effect base and wall units with grey worktop and tiled splashback. Integrated oven, hob and extractor fan. Integrated fridge freezer. Space for washer dryer. Vinyl flooring. ?

Bedroom 1: (3.27m x 2.51m) Beige carpet. ?

Bedroom 2: (3.27m x 2.67m) Beige carpet. ?

Bathroom: (2.24m x 1.68m) White suite comprising panelled bath with shower over, WC and hand washbasin with mirror over. Full height tiling around the bath. Towel rail. Vinyl flooring.

Outside: Communal roof terrace & Resident’s Gym


Min share price from: £406,250 for a 65% share
Full price from: £625,000
Minimum deposit from: £40,625
Monthly rent from: £223
Bedrooms: 2
Bathrooms: 1

There is only one available priced at £406,250 for a 65% 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.

It all depends on your lease (your contract with the housing association) so check it thoroughly and ask questions before you buy.

Housing Provider

Family Mosaic
Shared ownership

Starting prices

65% share from
Full price
Minimum deposit