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)

Verdant Mews, 1-3 bed homes


2 Hampden Road, Kingston upon Thames, Kingston upon Thames, KT1 3HH

Shared ownership

Starting prices

25% share from
£135,625
Full price
£542,500
Minimum deposit
£6,781
Monthly rent
£932
Monthly service charge
£111

Overview

Reserve for just £125* – offer available until 31st October 2020

Reserve your dream home with Shared Ownership for less – simply contact Clarion Housing today and find out how easy it is.

*Fee reduced from £500. Offer available until 31st October 2020 and applies to all Shared Ownership purchases with Clarion Housing. If the property does not exchange within 42 days of the reservation fee being taken then the full £500 reservation fee will be required. Full T&Cs available on request.

Reserve your new home now and pay NO STAMP DUTY. Ask your sales executive for more details.

 

About Verdant Mews

Verdant Mews is a superior collection of one, two and three bedroom apartments offered within the ancient market town of Kingston.

This development is a short commute from Kingston town centre, which has a selection of major department stores, independent boutique shops, restaurants and bars. For commuters, Kingston station provides direct services to London Waterloo in just 30-minutes* and the A3/M3/M4/M25 are all within easy driving distance with London Heathrow accessible by car in 30-minutes*.

We have put a number of measures in place to keep you safe when you visit. Viewings are by appointment only and will be confirmed by your sales executive before you attend on the day, so that we only have one group of visitors in the building at one time. We will be following all social distancing guidelines. Please contact us for more information on our measures for safe viewings.

**Journey times are calculated from Kingston Station, based on National Rail data at the time of writing.

Key features: 

- A short commute to Kingston town centre.
- The local area offers a thriving cafe culture and arts scene as well as restaurants, pubs, parks and shopping.
- Modern high gloss kitchens with integrated appliances.
- Contemporary bathrooms with white tiling.
- Parking spaces available to selected apartments.


Local area information

This development is close to Kingston town centre offering major department stores, independent boutique shops, restaurants and bars and is close to the riverside.


Plot availability

Plot number 1.06
Tenure Shared ownership
Availability Available
Bathrooms 2
Minimum share 25%
Minimum share price £135,625
Full market price £542,500
Monthly rent £932
Monthly service charge £111
Ownership Leasehold
Plot number 2.06
Tenure Shared ownership
Availability Available
Bathrooms 2
Minimum share 25%
Minimum share price £136,250
Full market price £545,000
Monthly rent £937
Monthly service charge £111
Ownership Leasehold

FAQ's

Min share price from: £135,625 for a 25% share
Full price from: £542,500
Minimum deposit from: £6,781
Monthly rent from: £932
Bedrooms: 3
Bathrooms: 2

There are 2 available ranging from £135,625 for a 25% share to £136,250 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

Clarion
Shared ownership

Starting prices

25% share from
£135,625
Full price
£542,500
Minimum deposit
£6,781
Monthly rent
£932
Monthly service charge
£111