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%.
The City Angel SO
Shared Ownership: All properties are now reserved
The City Angel is a collection of 70 apartments, available through shared ownership, offering prime urban living at an affordable level in the most exciting part of town.
The City Angel is in Berkeley’s landmark new development 250 City Road. A thriving new quarter designed by Foster + Partners with secluded green spaces, shiny new shops and stunning residences. In the beating heart of Zone 1, City Road is a buzzing superhighway connecting leafy, lively Islington with the tech start-ups of Old Street.
Each one of the 70 studios and one-bed apartments is designed to a high specification, with interiors geared towards convenient modern living for you to put your stamp on.
Local area information
The City Angel is just a ten minute walk west from Old Street and 15 minute walk east from Angel. One or two stops from Angel are the UK’s biggest rail hubs, King’s Cross, St Pancras International and Euston. A few stops south and you’re at London Bridge: the Shard, Borough Market, trains to Gatwick. Or the Jubilee line to Canary Wharf for that morning meeting. The City Angel is all about connections and convenience.