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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SO Resi Clapham Park, 1-2 bed homes


Fairbourne Road, Clapham, Lambeth, SW4 8DZ

Shared ownership

Starting prices

25% share from
£106,750
Full price
£427,000
Minimum deposit
£5,338
Monthly rent
£733

Overview

SO Resi Clapham Park offers a collection of contemporary 1 and 2 bedroom homes available through shared ownership. These well positioned new apartments are designed to offer comfort and space, spend time with your family and entertain your friends in the spacious and airy living areas that will be the heart of your home. Featuring natural oak flooring, double glazed windows and satinwood interior doors, it’s the perfect place to relax and unwind after a busy day. 


Local area information

SO Resi Clapham Park offers diverse urban living within an enriching and green pocket of South West London. Set in a leafy corner of one of London’s most exciting residential developments, SO Resi Clapham Park offers the perfect city retreat that’s just a short distance away from bustling and vibrant Clapham High Street, Brixton, Balham and Streatham.


Plot availability

Plot number 102
Tenure Shared ownership
Availability Available
Bathrooms 1
Minimum share 25%
Minimum share price £116,750
Full market price £467,000
Monthly rent £803
Monthly service charge £96
Ownership Leasehold
Plot number 208
Tenure Shared ownership
Availability Available
Bathrooms 2
Minimum share 25%
Minimum share price £147,250
Full market price £589,000
Monthly rent £1,012
Monthly service charge £104
Ownership Leasehold
Plot number 210
Tenure Shared ownership
Availability Available
Bathrooms 2
Minimum share 25%
Minimum share price £161,875
Full market price £647,500
Monthly rent £1,112
Monthly service charge £104
Ownership Leasehold

FAQ's

Min share price from: £116,750 for a 25% share
Full price from: £467,000
Minimum deposit from: £5,338
Monthly rent from: £803
Bedrooms: 1
Bathrooms: 1

There are 3 available ranging from £116,750 for a 25% share to £161,875 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

SO Resi
Shared ownership

Starting prices

25% share from
£106,750
Full price
£427,000
Minimum deposit
£5,338
Monthly rent
£733