Shared Ownership Thamesmead
A new regeneration area set to benefit from over £1 billion worth of improvements, Thamesmead is fast becoming a modern and well-connected hub for commuters looking to live not far from the capital while being surrounded in open spaces and fantastic facilities.
You no longer have to put away a lifetime’s worth of savings to afford your first home. With Shared Ownership Thamesmead you can pay as little as 2.5% of the value of a home as a deposit and buy between 25%-75%. The portion you don’t own will belong to a non-profit housing association, who’s rent plus mortgage payments per month are often cheaper than simply renting from a private landlord in the same area. With The Reach, designed by award-winning architects and encompassing a quiet communal garden, the Shared Ownership development in Thamesmead is ideal if you’re looking for sleek contemporary living in a rejuvenated area. If you’re looking for somewhere that ensures the best transport links then Southmere Village is on the very doorstep of the new Elizabeth line Station at Abbey Wood. With a whole variation of homes from 4 bedroom townhouses to one bedroom apartments, you can find just want you’re looking for at a price that suits you.
Help to Buy Thamesmead allows you to own the entire property while keeping the costs to a minimal and pressure off your finances. The Help to Buy government scheme has become increasingly popular and with areas such as Plumstead in West Thamesmead, you can snap up brand new homes in a redeveloped neighbourhood. With Peabody’s visionary and dynamic plan for the future of Thamesmead, you can make the most of the innovative new area pulling in young professionals and families alike.
Regeneration and transport
With the extension of the London Overground to Abbey Wood, Thamesmead is already attracting businesses and investment to the local area, halving journey times into the capital and linking the area with the surrounding regions. The brand-new Crossrail will connect one side of Thamesmead to the other with pedestrian areas also being improved, making it easier for residents to get around Thamesmead as well as in and out of it.
With £1 billion worth of investment in the area, Thamesmead has big plans, sure to make the future bright for this London borough. With top of the range retail facilities in the pipeline, leisure and sports centres already under development and a multitude of different businesses planning on moving to the area, Thamesmead is soon to become a thriving hub for all walks of life. With a close community at its heart the regeneration of the area is focussing on the happiness of its resident more than anything. Set out to create somewhere people flock to visit, work in and live, the riverside borough with stunning views of the Thames and an abundance of wide-open spaces is set to boom in the near future. Shared Ownership Thamesmead and Help to Buy Thamesmead is a fantastic opportunity to invest your money, your future and your family’s in a place that is fast becoming a flourishing suburban haven. Built around it’s people and the close-nit family-friendly spirit, Property Booking can guide you through the quick and simple step-by-step process and have you moving in to a brand new redeveloped area in no time at all.