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%.

Weavers Quarter, 2 bed homes


Mast Streert, Barking, Barking and Dagenham, IG11 7FY

Shared ownership

Starting prices

30% share from
£88,500
Full price
£295,000
Minimum deposit
£8,850
Monthly rent
£473
Monthly service charge
£120

Overview

Viewings Now Available!

Over 85% sold and selling fast!

Become part of Barking’s exciting future at Weavers Quarter.
A modern selection of 2 bedroom homes available and selling now.

Shared Ownership homes at Weavers Quarter are available to applicants who live or work pan London and Essex. However, we will prioritise applicants living or working in the London Borough of Barking and Dagenham.

Please note Weavers Quarter is a car-free development.  This means that no parking will be available to purchasers.  If you do have a car, you will not be able to part it within or near the development.

Please also note, that as the development is located in Barking Town Centre, there is no free street parking available.

Please consider this before you register your interest in the development.

Please note that the Marketing Suite is open Thursday-Monday 10am - 5pm and Sunday, 10am - 4pm.  Viewing by appointment only.


Local area information

L&Q’s Weavers Quarter is a joint venture development with the London Borough of Barking and Dagenham. Available through Shared Ownership, Weavers Quarter has released its last and final phase of two-bedroom apartments. 

Offering you an abundance of local amenities on your doorstep and conveniently well connected, Barking station is within walking distance of the development, which provides several services into London via the Underground, Overground, and C2C rail links, connecting you to the City of London in 15 minutes


Plot availability

Plot number D1 204
Tenure Shared ownership
Availability Available
Bathrooms 1
Minimum share 25%
Minimum share price £74,375
Full market price £297,500
Monthly rent £477
Monthly service charge £133
Ownership Leasehold
Plot number D1 205
Tenure Shared ownership
Availability Available
Bathrooms 1
Minimum share 25%
Minimum share price £74,375
Full market price £297,500
Monthly rent £478
Monthly service charge £133
Ownership Leasehold

Kitchen:

  • Handleless fitted kitchen from Moore’s Luna range in a light grey gloss finish, with under unit LED light
  • Limed wenge kitchen worktop
  • Integrated appliances from Electrolux including electric oven, electric hob and hood
  • Integrated Electrolux fridge freezer
  • Bowl and a half sink with Blanco Peak tap
  • White back-painted glass splashback above hob
  • Solido Elite timber flooring or Boulevard grey matt ceramic to separate kitchens
  • Space and plumbing for buyer’s own dishwasher

Living Room:

  • Solido Elite timber flooring
  • Stelrad radiator

Bedroom:

  • Milan Granola wool-mix carpet to bedroom(s)
  • Stelrad radiator

Bathroom:

  • Tiled flooring (Boulevard Grey Matt)
  • Tiled walls (White Matt Field)
  • Egger Grey-Beige Zebrano laminate vanity unit with a
  • Roca semi-recessed basin Roca Carla bath
  • Glass bath screen
  • Shower mixer with slide rail
  • Roca Laura back-to-wall pan with concealed cistern
  • Richmond electric towel radiator
  • Wall-mounted mirror above vanity unit from tile splash back, full height to ceiling
  • Shaver socket

Seperate WC:

  • Tiled flooring (Boulevard Grey Matt)
  • Tiled walls (White Matt Field)
  • Roca Laura WC and hand wash basin

Hallway:

  • Solido Elite timber flooring
  • Store cupboard
  • Stelrad radiator

Secutiry and Conectivity:

  •  Video entry phones to access communal blocks
  • CCTV to all entrances, bin stores and car parking
  • Designed to Secure by Design standards
  • Mains powered smoke detectors and heat detector to kitchen
  • TV/ satellite / cable, DAB/FM points to living room, master bedroom (subject to owners contract)
  • BT points to living room and all bedrooms
  • Sockets and controls – appropriate Schneider range

General:

  • 12 year NHBC Warranty
  • Balcony/terrace to all maisonettes and apartments
  • Private front and rear gardens to maisonettes
  • Access to communal landscaped space
  • Lifts to all floors
  • Composite aluminum double-glazed windows
  • Zanussi washer dryer in the utility cupboard where possible
  • White satin doors
Plot number D1 303
Tenure Shared ownership
Availability Available
Bathrooms 1
Minimum share 25%
Minimum share price £75,000
Full market price £300,000
Monthly rent £481
Monthly service charge £133
Ownership Leasehold

Kitchen:

  • Handleless fitted kitchen from Moore’s Luna range in a light grey gloss finish, with under unit LED light
  • Limed wenge kitchen worktop
  • Integrated appliances from Electrolux including electric oven, electric hob and hood
  • Integrated Electrolux fridge freezer
  • Bowl and a half sink with Blanco Peak tap
  • White back-painted glass splashback above hob
  • Solido Elite timber flooring or Boulevard grey matt ceramic to separate kitchens
  • Space and plumbing for buyer’s own dishwasher

Living Room:

  • Solido Elite timber flooring
  • Stelrad radiator

Bedroom:

  • Milan Granola wool-mix carpet to bedroom(s)
  • Stelrad radiator

Bathroom:

  • Tiled flooring (Boulevard Grey Matt)
  • Tiled walls (White Matt Field)
  • Egger Grey-Beige Zebrano laminate vanity unit with a
  • Roca semi-recessed basin Roca Carla bath
  • Glass bath screen
  • Shower mixer with slide rail
  • Roca Laura back-to-wall pan with concealed cistern
  • Richmond electric towel radiator
  • Wall-mounted mirror above vanity unit from tile splash back, full height to ceiling
  • Shaver socket

Seperate WC:

  • Tiled flooring (Boulevard Grey Matt)
  • Tiled walls (White Matt Field)
  • Roca Laura WC and hand wash basin

Hallway:

  • Solido Elite timber flooring
  • Store cupboard
  • Stelrad radiator

Secutiry and Conectivity:

  •  Video entry phones to access communal blocks
  • CCTV to all entrances, bin stores and car parking
  • Designed to Secure by Design standards
  • Mains powered smoke detectors and heat detector to kitchen
  • TV/ satellite / cable, DAB/FM points to living room, master bedroom (subject to owners contract)
  • BT points to living room and all bedrooms
  • Sockets and controls – appropriate Schneider range

General:

  • 12 year NHBC Warranty
  • Balcony/terrace to all maisonettes and apartments
  • Private front and rear gardens to maisonettes
  • Access to communal landscaped space
  • Lifts to all floors
  • Composite aluminum double-glazed windows
  • Zanussi washer dryer in the utility cupboard where possible
  • White satin doors
Plot number A2 403
Tenure Shared ownership
Availability Available
Bathrooms 1
Minimum share 25%
Minimum share price £75,000
Full market price £300,000
Monthly rent £486
Monthly service charge £133
Ownership Leasehold
Plot number A2 502
Tenure Shared ownership
Availability Available
Bathrooms 1
Minimum share 25%
Minimum share price £76,250
Full market price £305,000
Monthly rent £490
Monthly service charge £148
Ownership Leasehold

FAQ's

Min share price from: £74,375 for a 25% share
Full price from: £297,500
Minimum deposit from: £8,850
Monthly rent from: £477
Bedrooms: 2
Bathrooms: 1

There are 5 available ranging from £74,375 for a 25% share to £76,250 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.

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

L&Q (East region)
Shared ownership

Starting prices

30% share from
£88,500
Full price
£295,000
Minimum deposit
£8,850
Monthly rent
£473
Monthly service charge
£120