Northern Heights

1 - 3 bedroom homes in Nether Street, Barnet, Barnet, N3 1QG

Tenure Shared ownership
What is Shared Ownership?
Availability Available
Min share price from £102,500 for 25% share
Full price from £410,000
Min deposit from £5,125
Monthly rent from £705
Service charge from £114
Bedrooms 1-3
Bathrooms 1 - 2

Shared Ownership is a type of affordable home ownership when a purchaser takes out a mortgage on a share of a property and pays rent to a landlord on the remaining share.

For example, someone might buy a 50 per cent share in a property and pay rent to the landlord on the remaining 50 per cent. Purchasers then have the opportunity to ‘staircase’ up their share of the property, gradually increasing the proportion of their home that they own outright and therefore paying less rent on the remaining portion, until they own 100 per cent of their home.

Overview

Check your eligibility to book in now

Don't miss out on the chance to live in a perfectly located apartment available through shared ownership in High Barnet, London

Northern Heights is our new shared ownership apartment development in Finchley. The apartments are just minutes away from Finchley Central underground station. There are seven shared ownership homes available.

Local area information

Within the beautifully designed development, seven are exclusively available through shared ownership. You can explore North London’s neighbourhoods or connect to central London via Finchley Central, just a 3 minute walk away from Northern Heights.

 

Status Plot No. Floor Beds Min share price Eligibility
Available 3 First 2 £149,988 View details
Available 5 First 3 £160,625 View details
Reserved 1 First 1 £102,500 View details
Reserved 6 First 1 £103,125 View details
Reserved 7 First 1 £103,125 View details
Reserved 4 First 1 £106,250 View details
Reserved 2 First 1 £111,250 View details
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FAQ's

Min share price from: £149,988 for a 25% share
Full price from: £599,950
Minimum deposit from: £5,125
Monthly rent from: £844
Bedrooms: 2
Bathrooms: 1

There are 2 available ranging from £149,988 for a 25% share to £160,625 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.

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

Register Interest

Register your interest to be contacted by a housing provider. You will need to provide basic eligibility criteria during the register interest process.

Northern Heights

1 - 3 bedroom homes in Nether Street, Barnet, Barnet, N3 1QG

Tenure Shared ownership
What is Shared Ownership?
Availability Available
Min share price from £102,500 for 25% share
Full price from £410,000
Min deposit from £5,125
Monthly rent from £705
Service charge from £114
Bedrooms 1-3
Bathrooms 1 - 2

Shared Ownership is a type of affordable home ownership when a purchaser takes out a mortgage on a share of a property and pays rent to a landlord on the remaining share.

For example, someone might buy a 50 per cent share in a property and pay rent to the landlord on the remaining 50 per cent. Purchasers then have the opportunity to ‘staircase’ up their share of the property, gradually increasing the proportion of their home that they own outright and therefore paying less rent on the remaining portion, until they own 100 per cent of their home.

Location

Housing Provider

Trusted by

Southern Complete Moves Mayor or London National Housing Federation Moat Homes