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)

Saw Mill Way , 3 bed homes

Hackney, N16 6AN

Shared ownership

Starting prices

35% share from
Full price
Minimum deposit


The Saw Mill Way property is a terraced house within a modern development built in around 2013. It benefits from a communal bike storage, flower bed front garden and private allocated parking space. The lease remaining on the property is 121 years.

Local area information

There are good transport links with Stamford Hill & South Tottenham stations 0.7 miles away, served by London Overground linking to Liverpool Street in 25 minutes. Local buses serve the area and the night buses links to Oxford Circus.

A variety of independent food stores are located right outside of the development with larger superstores located 0.6 miles away along Stamford Hill. For Leisure and enjoyment, green spaces such as Springfield Park, Markfield Park, the River Lea and Walthamstow Marshes are a short distance away.

Nearest Station: Stamford Hill Station & South Tottenham Station – Overground (Zone 3).

Bus routes nearby: Route 318 from Grovelands Road and Route 67, 76, 149, 349, 476 & N73 from St Ann’s High Road.

Plot availability

Plot number 5
Tenure Shared ownership
Availability Available
Bathrooms 2
Minimum share 35%
Minimum share price £252,000
Full market price £720,000
Monthly rent £703
Monthly service charge £153

Ground Floor

Entrance: Hallway with private entrance leading to…

Living Room: (3.35m x 10.00m) Spacious lounge open plan to kitchen with double height atrium. Engineered oak flooring.

Kitchen: (4.65 x 3.90m) Gloss white base and wall units with dark grey worktop and stainless steel splashback. Integrated fridge freezer, oven, hob and extractor fan. Utility room with white washer/dryer and pantry shelf. Engineered oak flooring.

WC: White WC and sink. Tiled flooring.


First Floor

Bedroom 1: (5.15m x 3.00m) Beige carpet

Ensuite: White suite comprising shower, WC and hand washbasin. Full height tiling. Heated towel rail. Tiled flooring.

Bedroom 2: (3.70m x 3.15m) Beige carpet.

Bedroom 3: (3.70m x 4.15m) Beige carpet.

Bathroom: White suite comprising panelled bath with shower over, WC and hand washbasin. Full height tiling. Heated towel rail. Tiled flooring.


Outside: One allocated parking space. Communal bike storage. Flower bed.


Min share price from: £252,000 for a 35% share
Full price from: £720,000
Minimum deposit from: £25,200
Monthly rent from: £703
Bedrooms: 3
Bathrooms: 2

There is only one available priced at £252,000 for a 35% 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

Family Mosaic
Shared ownership

Starting prices

35% share from
Full price
Minimum deposit