England, Wales, Scotland & Northern Ireland
Residential Market
New Year Launches:
The Capital and South East’s Most Anticipated Shared Ownership Homes
The period between Christmas and New Year is renowned as one of the busiest times for online house hunting. Last Winter, leading property portal Share to Buy saw a 10% increase in user traffic.
This year, festive house hunters are faced with the prospect of sky-high deposits on the open market. Recent data reveals that the average price for a first time buyer property in London sat at roughly £425,000 in 2023, with an average deposit of £144,500.
Providing an alternative route onto the property ladder, Shared Ownership is a scheme enabling first time buyers to purchase a share in a property (typically between 25%-75%) and pay subsidised rent on the remaining portion. As buyers will only pay a deposit on the share they are purchasing, deposits are usually lower than when buying on the open market.
Share to Buy have rounded up five of the most exciting new Shared Ownership homes coming to market across the capital and South East in early 2024.
Available to reserve in early 2024, Latimer by Clarion Housing Group are offering a brand-new collection of one, two and three bedroom Shared Ownership homes at Highcross, West Croydon. These energy-efficient homes feature underfloor heating, integrated appliances, ample storage space and sleek kitchens with a neutral colour scheme. Main bedrooms in the two and three bedroom homes also feature en suite bathrooms. With the exception of floor twenty-three, where each apartment has a private terrace, each home has a winter garden - a greenhouse-style area, separated from the main living area. Homes also benefit from a Residents’ Lounge on the first floor and a concierge service. Situated in a prime location, the apartments are within walking distance to both bus and tram stations, as well as West Croydon and East Croydon stations. In addition, a number of exciting and essential amenities are close by, including Croydon’s BOXPARK, shops, restaurants, bars and gyms.
Pricing for homes at Highcross, West Croydon, will be released soon. Register interest here.
Applications for this new canal-side Shared Ownership development in North London are set to open early next year. The One Hundred by Guinness Homes is a contemporary collection of one, two and three bedroom apartments with plenty of transport links and amenities close by. Whether you want to stay connected to the hustle and bustle of the city or enjoy a tranquil residency in a canal-side neighbourhood, The One Hundred is a perfect development for first time buyers looking for a home in the north of the Capital.
Pricing for homes at The One Hundred, Brent, will be released soon. Register interest here.
Poplar HARCA are offering a collection of thirty-nine brand-new one, two and three bedroom apartments at their Poplar Riverside development. The spacious apartments benefit from private outdoor space, as well as easy access to close by green space and river walkways. Residents can also make use of the fantastic facilities available at the Riverside Club, including the Riverside Spa, swimming pool, sauna, and steam rooms. Providing excellent transport links across the capital and beyond, Canning Town and East India stations are within walking distance from the homes, connecting residents to both the tube and DLR networks. There is also a wide range of local bus services, Uber Boat by Thames Clippers, and cycle routes close by.
Pricing for homes at Poplar Riverside, Poplar, will be released in early January 2024. Register interest here.
L&Q is launching new homes at Excalibur, Catford, early next year. Offering a collection of one and two bedroom Shared Ownership homes, the development is set within a dynamic neighbourhood full of independent shops, cafés, and nightlife. With excellent transport links into the city centre, the homes are ideal for those looking to call this exciting pocket of South London home.
Pricing for homes at Excalibur, Catford, will be released soon. Register interest here.
Gardeners Walk is a new collection of one, two and three bedroom Shared Ownership homes set in Guildford, Surrey from Abri Homes, perfect for those looking for a home just outside of the capital. Named as one of the best places to live in the Southeast by The Times, Guildford is famous for its historic cobbled high street lined with shops, pubs restaurants and bars. The town is also ideal for commuters, with transport links direct to London Waterloo in just over 30 minutes.
Pricing for homes at Gardeners Walk, Guildford, will be released in early 2024. Register interest here.
Visit www.sharetobuy.com to discover more.
