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%.

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Shared Ownership at Eastman Village, 1-4 bed homes


Shared Ownership at Eastman Village, Harrow, HA1 4TY

Shared ownership

Starting prices

25% share from
£78,750
Full price
£315,000
Minimum deposit
£7,875
Monthly rent
£541
Monthly service charge
£120

Overview

 Reservations are now available at Eastman Village. Exclusive offer: £1,000 incentive, £99 refundable deposit. Benefit from: outdoor space, allocated parking, underfloor heating, fitted wardrobe to master bedroom, quality flooring and white goods included. 

 Description:      

 High specification as standard 

 White goods and integrated appliances included 

 Quality flooring worth up to £5,000 included

 Underfloor heating

 Fitted wardrobe to master bedroom

 Allocated parking to selected homes

 Outside space to selected homes to include balconies, terraces or gardens

  

 Contact our sales consultants now on 0345 606 1221 to reserve off-plan and benefit from the incentives available.

 

  

  

 


Local area information

Surrounded by excellent transport connections and steeped in local history, Eastman Village is an exciting new residential quarter conveniently located in the heart of Harrow. Home to the Kodak factory for 125 years, Eastman Village is set to revitalise this landmark site and create a community of more than 1,000 new homes.


Plot availability

Plot number 41
Tenure Shared ownership
Availability Available
Bathrooms 1
Minimum share 25%
Minimum share price £78,750
Full market price £315,000
Monthly rent £541
Monthly service charge £120
Ownership Leasehold
Plot number 2
Tenure Shared ownership
Availability Available
Bathrooms 2
Minimum share 30%
Minimum share price £132,000
Full market price £440,000
Monthly rent £706
Monthly service charge £120
Ownership Leasehold
Plot number 3
Tenure Shared ownership
Availability Available
Bathrooms 2
Minimum share 25%
Minimum share price £131,250
Full market price £525,000
Monthly rent £902
Monthly service charge £120
Ownership Leasehold
Plot number 3H
Tenure Shared ownership
Availability Available
Bathrooms 2
Minimum share 25%
Minimum share price £142,500
Full market price £570,000
Monthly rent £891
Monthly service charge £50
Ownership Leasehold
Plot number 4h
Tenure Shared ownership
Availability Available
Bathrooms 2
Minimum share 25%
Minimum share price £155,000
Full market price £620,000
Monthly rent £581
Monthly service charge £50
Ownership Leasehold

FAQ's

Min share price from: £78,750 for a 25% share
Full price from: £315,000
Minimum deposit from: £7,875
Monthly rent from: £541
Bedrooms: 1
Bathrooms: 1

There are 5 available ranging from £78,750 for a 25% share to £155,000 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

Hyde New Homes
Shared ownership

Starting prices

25% share from
£78,750
Full price
£315,000
Minimum deposit
£7,875
Monthly rent
£541
Monthly service charge
£120