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%.

Silwood Street


Southwark, Southwark, SE16 2BF

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

Overview

Two bedroom, ground floor flat in the London Borough of Southwark, available to buy through Shared Ownership. Full market value £425,000, 25% share available, share price £106,250

Monthly fees
Monthly Mortgage**: £537.40 
Monthly Rent: £393.57
Service Charge*: £128.23 
Notting Hill Administration Fee: £13.50

Estimated Total (per month): £1111.17 excluding council tax

*Service Charge payable to managing agent
**Estimate: The monthly mortgage is based on an interest rate of 4.5 % 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 hall, two bedrooms, bathroom and lounge/kitchen.

External
Patio

GIA
80 square metres

Accessibility rating 
F – General access

EPC rating
B

Length of lease
118 Years

Borough
Southwark


Housing Provider

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