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%.

Read more about Shared ownership (Opens in new window)

The Cotton Apartments, 1-2 bed homes


York Road, London, Wandsworth, SW11 3RD

Shared ownership

Starting prices

25% share from
£123,750
Full price
£495,000
Minimum deposit
£6,179
Monthly rent
£619
Monthly service charge
£150

Overview

A vibrant riverside oasis in a lively neighbourhood just minutes from Central London, Cotton brings you the best of chic urban living. Stylish yet relaxed, buzzing but tranquil, it’s easy to feel at home here.

Priority will be given to those living or working in London Borough Of Wandsworth and registered with Wandsworth Home Ownership Team


Local area information

At the end of Cotton Row, alongside the moorings of Plantation Wharf, is the artisanal bakery Bread Centrale known for its Rye and Sourdough brunches. Or begin the day “à la française” at your neighborhood brasserie Gazette Then take a walk along the evocative river that has inspired so many writers and artists, before dropping in on Cake Boy, home to master pâtissier Eric Lamlard.


Plot availability

Plot number 18
Tenure Shared ownership
Availability Available
Bathrooms 1
Minimum share 25%
Minimum share price £123,750
Full market price £495,000
Monthly rent £619
Monthly service charge £150
Plot number 22
Tenure Shared ownership
Availability Available
Bathrooms 1
Minimum share 25%
Minimum share price £125,000
Full market price £500,000
Monthly rent £625
Monthly service charge £150
Plot number 23
Tenure Shared ownership
Availability Available
Bathrooms 1
Minimum share 25%
Minimum share price £125,000
Full market price £500,000
Monthly rent £625
Monthly service charge £150
Plot number 24
Tenure Shared ownership
Availability Available
Bathrooms 1
Minimum share 25%
Minimum share price £157,500
Full market price £630,000
Monthly rent £788
Monthly service charge £180
Plot number 29
Tenure Shared ownership
Availability Available
Bathrooms 1
Minimum share 25%
Minimum share price £158,750
Full market price £635,000
Monthly rent £794
Monthly service charge £180
Plot number 5
Tenure Shared ownership
Availability Available
Bathrooms 1
Minimum share 25%
Minimum share price £161,250
Full market price £645,000
Monthly rent £806
Monthly service charge £225
Plot number 10
Tenure Shared ownership
Availability Available
Bathrooms 1
Minimum share 25%
Minimum share price £162,500
Full market price £650,000
Monthly rent £813
Monthly service charge £225

FAQ's

Min share price from: £123,750 for a 25% share
Full price from: £495,000
Minimum deposit from: £6,179
Monthly rent from: £619
Bedrooms: 1
Bathrooms: 1

There are 7 available ranging from £123,750 for a 25% share to £162,500 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.

No, but it all depends on your lease (your contract with the housing association) so check it thoroughly and ask questions before you buy.

Housing Provider

Wandle
Shared ownership

Starting prices

25% share from
£123,750
Full price
£495,000
Minimum deposit
£6,179
Monthly rent
£619
Monthly service charge
£150