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)

Nest, E10, 1-3 bed homes


Dunedin Road, London, Waltham Forest, E10 5NL

Shared ownership

Starting prices

25% share from
£81,250
Full price
£330,000
Minimum deposit
£8,125
Monthly rent
£559
Monthly service charge
£211

Overview

A brand new development comprising 61 one, two & three bedroom shared ownership apartments. Each of the apartments has been carefully designed to provide the best possible space, light and storage with fitted kitchens, modern bathrooms and balconies.

This stylish collection of one, two and three bed homes, are symbolic of Leyton’s transformation into a vibrant neighborhood where it’s easy to belong. One of East London’s most sought-after new areas to live, Leyton now has the homes to match the exciting changes. Rising up as a modernist landmark, NEST combines stylish urban living with a neighborhood vibe. Around the waterways of Queen Elizabeth Olympic Park, it’s easy to forget how close the creative urban areas of Hackney and Shoreditch are. Being here really does give you the best of both worlds.

 

 


Local area information

These new homes are well served for transport with Leyton underground station within 10 minute walk, providing easy access to the underground network and nation rail terminals.

Westfield Stratford City is also close by.


Plot availability

Plot number One bedrooms
Tenure Shared ownership
Availability Available
Bathrooms 1
Minimum share 40%
Minimum share price £132,000
Full market price £330,000
Monthly service charge £275

One bedroom apartments

These new homes form part of a larger development built by Newlon Housing Trust. The development comprises four buildings - the tower (Siskin Apartments) housing 43 shared ownership homes and 12 private sale apartments, the adjacent building (Linnet House) comprising 18 shared ownership homes. The other two blocks proving affordable rent apartments.

Each apartment comes with wood laminate floor covering to hallway, living room and kitchen. Wool mix carpets to bedrooms.

Kitchens include oven, hob with extractor hood, fitted fridge/freezer and dishwasher. Washer/dryer is located in hallway cupboard.

All apartments have their own private balcony/terrace.

Plot number Two bedrooms
Tenure Shared ownership
Availability Available
Bathrooms 2
Minimum share 40%
Minimum share price £184,000
Full market price £460,000
Monthly rent £633
Monthly service charge £275

Two bedroom apartments

These new homes form part of a larger development built by Newlon Housing Trust. The development comprises four buildings - the tower (Siskin Apartments) housing 43 shared ownership homes and 12 private sale apartments, the adjacent building (Linnet House) comprising 18 shared ownership homes. The other two blocks proving affordable rent apartments.

Each apartment comes with wood laminate floor covering to hallway, living room and kitchen. Wool mix carpets to bedrooms.

Kitchens include oven, hob with extractor hood, fitted fridge/freezer and dishwasher. Washer/dryer is located in hallway cupboard.

All apartments have their own private balcony/terrace.

Plot number Three beds
Tenure Shared ownership
Availability Available
Bathrooms 2
Minimum share 40%
Minimum share price £228,000
Full market price £570,000
Monthly rent £784
Monthly service charge £275

Three bedroom apartments

These new homes form part of a larger development built by Newlon Housing Trust. The development comprises four buildings - the tower (Siskin Apartments) housing 43 shared ownership homes and 12 private sale apartments, the adjacent building (Linnet House) comprising 18 shared ownership homes. The other two blocks proving affordable rent apartments.

Each apartment comes with wood laminate floor covering to hallway, living room and kitchen. Wool mix carpets to bedrooms.

Kitchens include oven, hob with extractor hood, fitted fridge/freezer and dishwasher. Washer/dryer is located in hallway cupboard.

All apartments have their own private balcony/terrace.


FAQ's

Min share price from: £132,000 for a 40% share
Full price from: £330,000
Minimum deposit from: £8,125
Bedrooms: 1
Bathrooms: 1

There are 3 available ranging from £132,000 for a 40% share to £228,000 for a 40% 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

Newlon
Shared ownership

Starting prices

25% share from
£81,250
Full price
£330,000
Minimum deposit
£8,125
Monthly rent
£559
Monthly service charge
£211