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)
Westminster Bridge Road, 2 bed homes
Two bedroom flat
Second Floor flat
Modern open plan interior
Central London location
Video entry system
Available for 25% share
Available for £117,500 for 25% share based on the marketing figure of £470000
SO Resi Monthly Payment - £1011.21
Monthly Service Charge - £192.29
Total Monthly Charge - £1203.50 PLUS MORTGAGE REQUIRED FOR 25% SHARE
Minimum Income Required- £47,693
2.344m x 1.996m
3.398m x 3.778m
Bathroom with WC:
1.747m x 1.891m
31.99m x 3.748m
Secure parking space
Energy Rating Band - C
Environmental Impact Rating Band - C
All room dimensions approximate.
Please note figures given for SO Resi monthly payment and service charge are correct at time of marketing. There is an annual increase that takes place. Please contact us for more information.