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)

Orchard Court, 2 bed homes


35 Bell Green, Sydenham, Lewisham, SE26 4EN

Shared ownership

Starting prices

25% share from
£82,500
Full price
£330,000
Minimum deposit
£4,125
Monthly rent
£567
Monthly service charge
£171

Overview

Reserve for just £125* – offer available until 31st October 2020

Reserve your dream home with Shared Ownership for less – simply contact Clarion Housing today and find out how easy it is.

*Fee reduced from £500. Offer available until 31st October 2020 and applies to all Shared Ownership purchases with Clarion Housing. If the property does not exchange within 42 days of the reservation fee being taken then the full £500 reservation fee will be required. Full T&Cs available on request.

 

Don't miss out on our upcoming open days:

- Saturday 12 September 2020 – between 9:30 am - 1:00 pm
- Thursday 17 September 2020 – between 2:30 pm - 6:30 pm
- Saturday 26 September 2020 - between 9:30 am - 1:00 pm
- Thursday 1 October 2020 - between 2:30 pm - 6:30 pm
- Saturday 10 October 2020 - between 9:30 am - 1:00 pm

Contact the sales team to book your visit. We will explain the safe-distancing and hygiene measures in place to keep everyone safe

About Orchard Court

A selection of two bedroom apartments conveniently located in Sydenham, South-East London.

The apartments are situated within close proximity of Lower Sydenham, Sydenham Hill and Sydenham Rail station allowing easy access into London Bridge and London Victoria respectively .

Sydenham is a popular residential area, well placed for local bus routes and an excellent road network serving all parts of London.

Features included with some of the apartments:-

- Allocated Parking
- Lift Serving All floors
- Integrated Appliances (Not tested)
- Communal Courtyard
- Built-in Wardrobes in the Master Bedrooms

Eligibility

You may be eligible for this property if:

- You have a gross household income of no more than £90,000 per annum.
You are unable to purchase a suitable home to meet your housing needs on the open market.

- You do not already own a home or you will have sold your current home before you purchase or rent.


Local area information

Orchard Court is conveniently positioned close to Lower Sydenham, Sydenham and Penge East rail stations providing services into London Bridge and London Victoria respectively. A number of national retailers are also a short distance away.


Plot availability

Plot number S63
Tenure Shared ownership
Availability Available
Bathrooms 1
Minimum share 25%
Minimum share price £82,500
Full market price £330,000
Monthly rent £567
Monthly service charge £171
Ownership Leasehold
Plot number S103
Tenure Shared ownership
Availability Available
Bathrooms 1
Minimum share 25%
Minimum share price £82,500
Full market price £330,000
Monthly rent £567
Monthly service charge £171
Ownership Leasehold
Plot number S126
Tenure Shared ownership
Availability Available
Bathrooms 1
Minimum share 25%
Minimum share price £82,500
Full market price £330,000
Monthly rent £567
Monthly service charge £171
Ownership Leasehold
Plot number S69
Tenure Shared ownership
Availability Available
Bathrooms 1
Minimum share 25%
Minimum share price £83,750
Full market price £335,000
Monthly rent £576
Monthly service charge £171
Ownership Leasehold
Plot number S76
Tenure Shared ownership
Availability Available
Bathrooms 1
Minimum share 25%
Minimum share price £85,000
Full market price £340,000
Monthly rent £584
Monthly service charge £171
Ownership Leasehold
Plot number S135
Tenure Shared ownership
Availability Available
Bathrooms 1
Minimum share 25%
Minimum share price £85,000
Full market price £340,000
Monthly rent £584
Monthly service charge £171
Ownership Leasehold
Plot number S84
Tenure Shared ownership
Availability Available
Bathrooms 1
Minimum share 25%
Minimum share price £86,250
Full market price £345,000
Monthly rent £593
Monthly service charge £171
Ownership Leasehold

FAQ's

Min share price from: £82,500 for a 25% share
Full price from: £330,000
Minimum deposit from: £4,125
Monthly rent from: £567
Bedrooms: 2
Bathrooms: 1

There are 7 available ranging from £82,500 for a 25% share to £86,250 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.

Housing Provider

Clarion
Shared ownership

Starting prices

25% share from
£82,500
Full price
£330,000
Minimum deposit
£4,125
Monthly rent
£567
Monthly service charge
£171