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%.
New to the market is this bright and airy two bedroom apartment in Orchard Court, Sydenham. The property comprises; a secure communal entrance with a video phone entry system, two generously sized bedrooms, family bathroom and an open plan fitted kitchen.
The property is situated on the 1st floor and is accessible via a lift that serves all floors.
Orchard Court is conveniently positioned close to Lower Sydenham, Sydenham and Penge East rail stations providing services into London Bridge and London Victoria respectively. Bell Green Retail Park is also within close proximity offering an array of shops.
- Video Phone Entry System
- Allocated Parking
- Communal Court Yard
- Built-in Wardrobe in Master Bedroom
- Lift Serving all Floors
- 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.