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)

Rhodes Court, 1-2 bed homes


Upton Road, Hounslow, Hounslow, TW3 3HP

Shared ownership

Starting prices

30% share from
£91,500
Full price
£305,000
Minimum deposit
£4,576
Monthly rent
£489
Monthly service charge
£125

Overview

Rhodes Court is a great location for your first or forever home. With a balcony or patio and spectacular roof terrace, it’s a place to enjoy and take pride in: to renew and recharge. And a home of your own at Rhodes Court could be more affordable than you think: these eight new homes are available to buy through Shared Ownership.


Local area information

These properties are within five minutes walk of Hounslow Central town centre and under 10-15 minutes to the tube or Hounslow train station, so you will be ideally located for travel to all parts of London. Richmond, Twickenham, Feltham and Kew are all within easy reach, as is Hounslow Heath nature reserve and for those wanting a more energetic leisure time there are seven 'Fusion' leisure and sports centres offering a huge varieties of sports and activities. The nearby Treaty shopping centre and surrounding shops offer plenty of shopping opportunities and restaurants and bars to relax and unwind. You will be spoiled for choice for things to do and see and this, combined with attractive flats with modern kitchens & bathrooms, individual winter gardens or balconies, along with a communal roof terrace and garden make this development unmissable!


Plot availability

Plot number 5
Tenure Shared ownership
Availability Available
Bathrooms 1
Minimum share 30%
Minimum share price £87,000
Full market price £290,000
Monthly rent £465
Monthly service charge £125
Ownership Leasehold
Plot number 3
Tenure Shared ownership
Availability Available
Bathrooms 1
Minimum share 30%
Minimum share price £87,750
Full market price £292,500
Monthly rent £469
Monthly service charge £135
Ownership Leasehold
Plot number 8
Tenure Shared ownership
Availability Available
Bathrooms 1
Minimum share 30%
Minimum share price £87,750
Full market price £292,500
Monthly rent £469
Monthly service charge £128
Ownership Leasehold
Plot number 2
Tenure Shared ownership
Availability Available
Bathrooms 1
Minimum share 30%
Minimum share price £91,500
Full market price £305,000
Monthly rent £489
Monthly service charge £125
Ownership Leasehold
Plot number 6
Tenure Shared ownership
Availability Available
Bathrooms 1
Minimum share 30%
Minimum share price £105,000
Full market price £350,000
Monthly rent £561
Monthly service charge £135
Ownership Leasehold

FAQ's

Min share price from: £87,000 for a 30% share
Full price from: £290,000
Minimum deposit from: £4,576
Monthly rent from: £465
Bedrooms: 1
Bathrooms: 1

There are 5 available ranging from £87,000 for a 30% share to £105,000 for a 30% 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

RHP
Shared ownership

Starting prices

30% share from
£91,500
Full price
£305,000
Minimum deposit
£4,576
Monthly rent
£489
Monthly service charge
£125