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%.

Padbury Close


Hounslow, Hounslow, TW14 8SP

Shared ownership
Studio bedroom homes
Share price
Coming soon
Full price
Coming soon

Overview

Two bedroom mid-terraced house, in the London Borough of Hounslow available to buy through Shared Ownership. Full market value £325,000, 50% share available, share price £162,500.

Monthly fees
Mortgage**: £863.87 
Monthly Rent: £308.85 
Notting Hill Administration Fee: £9.45
Notting Hill Insurance for Service Charge: £13.27 
Council Tax: £117

Estimated Total (per month): £1,195.44 (excluding Council Tax)

*Service Charge payable to Notting Hill Housing 
**Estimate: The monthly mortgage is based on an interest rate of 4.99 % with a capital and interest repayment over 25 years. It is based on a 90% mortgage The rent may increase each year, the increase calculation will be specified in the lease.

Ground floor
Entrance lobby, living room, kitchen.

First floor
Landing, two double bedrooms, bathroom/WC.

External
Front and rear garden

GIA
59.72 sq. m. (643 sq. ft.) as per RICS valuation

Accessibility rating 
F – General Access

EPC rating
E

Length of lease
86 years

Borough
Hounslow


Housing Provider

Notting Hill Genesis
Shared ownership
Studio bedroom homes
Share price
Coming soon
Full price
Coming soon