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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Sledmere Court (Ref. NH19), 1 bed homes


Sledmere Court, London, Hounslow, TW14 8SD

Shared ownership

Starting prices

25% share from
£48,750
Full price
£195,000
Minimum deposit
£4,875
Monthly rent
£247
Monthly service charge
£112

Overview

Ground and first floor maisonette flat with 1 bedroom in the London borough of Hounslow for £48,750 at a 25% share price of £195,000, available through Shared Ownership.

 

Monthly Fees

*Monthly Mortgage: £246.57

Monthly Rent: £401.83
Service Charge: £112.13

Estimated Total (per month): £ 760.53

*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.
 


Local area information

Overground
Feltham Station – (1.77km)

 


Housing Provider

Notting Hill Genesis
Shared ownership

Starting prices

25% share from
£48,750
Full price
£195,000
Minimum deposit
£4,875
Monthly rent
£247
Monthly service charge
£112