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)

Wembley Hill, 3 bed homes


55-63 Wembley Hill Road, Brent, Brent, HA9 8DE

Shared ownership

Starting prices

25% share from
£135,000
Full price
£540,000
Minimum deposit
£6,750
Monthly rent
£928
Monthly service charge
£190

Overview

Only one 3 bed property remaining!! 

Tamil Housing introduces Wembley Hill, a boutique selection of four new 1, 2 & 3-bedroom apartments available through Shared Ownership, offering contemporary living in a spectacular location.


Local area information

If you’re looking for green space and fresh air, you’ll find King Edward VII Park less than a mile away. Two miles to the north-east you’ll find Fryent Country Park - 254 acres of nature reserve with rolling hills and woodland.

Wembley is well served by underground stations. Wembley Stadium, just a few minutes’ walk away, o’ers overground services to London Euston in just 14 minutes. From Wembley Park you can be in London Bridge in 35 minutes.

The London Designer Outlet hosts over fifty stores including brands from Adidas to Kurt Geiger and a nine-screen Cineworld. Brent Cross Shopping Centre and IKEA Wembley are both just a short bus ride away. Westfield London is packed with enough luxury stores to turn any head and is just minutes away.

Wembley is also home to a spectacular array of restaurants from around the world, from Indian & Nepalese, to Italian & Spanish, what’s your favourite this week.


Plot availability

Plot number 3.3
Tenure Shared ownership
Availability Available
Bathrooms 1
Minimum share 25%
Minimum share price £135,000
Full market price £540,000
Monthly rent £928
Monthly service charge £190
Ownership Leasehold

Onyl one 3 bed property remaining!!

Tamil Housing introduces Wembley Hill, a boutique selection of four new 1, 2 & 3-bedroom apartments available through Shared Ownership, offering contemporary living in a spectacular location.

If you’re looking for green space and fresh air, you’ll find King Edward VII Park less than a mile away. Two miles to the north-east you’ll find Fryent Country Park - 254 acres of nature reserve with rolling hills and woodland.

Wembley is well served by underground stations. Wembley Stadium, just a few minutes’ walk away, o’ers overground services to London Euston in just 14 minutes. From Wembley Park you can be in London Bridge in 35 minutes.

The London Designer Outlet hosts over fifty stores including brands from Adidas to Kurt Geiger and a nine-screen Cineworld. Brent Cross Shopping Centre and IKEA Wembley are both just a short bus ride away. Westfield London is packed with enough luxury stores to turn any head and is just minutes away.

Wembley is also home to a spectacular array of restaurants from around the world, from Indian & Nepalese, to Italian & Spanish, what’s your favourite this week.


FAQ's

Min share price from: £135,000 for a 25% share
Full price from: £540,000
Minimum deposit from: £6,750
Monthly rent from: £928
Bedrooms: 3
Bathrooms: 1

There is only one available priced at £135,000 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.

Yes, 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

Tamil Housing by Redloft
Shared ownership

Starting prices

25% share from
£135,000
Full price
£540,000
Minimum deposit
£6,750
Monthly rent
£928
Monthly service charge
£190