We’re excited, once again to be a partner of Shared Ownership Week, taking place from the 25th of September to the 1st of October! At Hyde New Homes, we’re proud to support this initiative, aimed at raising awareness of the incredible opportunities the shared ownership scheme offers to aspiring homeowners.
Understanding Shared Ownership: A Path to Your Dream Home
Shared ownership enables people to buy a part share of the leasehold of a home, usually between 25-75%. They pay a subsidised rent on the share that they haven’t bought, along with service charges, where applicable. In many cases, the costs are comparable to or less than market rent on a similar property.
If you’re still at the beginning of your homebuying journey and still not sure where to start then spend some time browsing our shared ownership page for an easy introduction to the subject, or download our comprehensive guide, where you will find everything related to this scheme.
Meet Us at the London Home Show
Join us at the London Home Show on Saturday 28th of September! Our colleagues will be waiting for you at stand 15 to explore your options together and unveil our top developments, each offering a piece of the homeownership dream.
At the event, you’ll be able to meet a range of housing providers, receive free financial and legal advice, and attend live ‘Ask the Expert’ sessions and first-time buyer workshops. Don’t miss this opportunity to kick start your home ownership journey and register below for free!
Our top Five Shared Ownership Developments
Let’s dive into our top five shared ownership developments, offering beautifully designed homes that cater to your needs. On offer, there is an impressive selection of beautifully designed 1, 2, 3 & 4 bedroom homes across a range of fantastic developments in London, Kent, and Sussex.
Eastman Village, Harrow
Located in Harrow, Eastman Village features 1 bedroom apartments available with shared ownership. Once the home of the iconic Kodak Factory, this landmark site is conveniently situated in Zone 5, surrounded by excellent transport services from Harrow & Wealdstone station, reaching Euston in 14 minutes and Paddington in 29 minutes. Planned onsite amenities include a residents’ gym, supermarket, cafes, and restaurants. A 25% share is £86,500, requiring a minimum deposit of £8,650, based on a full market value of £346,000.
Riverside Square, Canterbury
Positioned next to The River Stour, Riverside Square residents have the choice of 1, 2 and 3 bedroom apartments and 3 bedroom houses set within a vibrant, new pedestrianised neighbourhood called The Riverside, with a wealth of amenities including cafés, bars, restaurants, cinema and public square. Canterbury has great transport links, providing easy access to Central London in just 53 minutes. Prices start from £83,750 for 25% share based on a full market value £335,000, requiring a minimum deposit of £8,375.
Rochester Riverside, Rochester
Nestled along the banks of the River Medway, Rochester Riverside offers 1 and 2 bedroom apartments, launching the autumn. At the heart of the development lies a landscaped central plaza featuring a variety of shops, including a Co-op and a Costa. Within easy walking distance, Rochester train station offers frequent services to London within 37 minutes. Prices start at £77,750 for a 25% share, with a full market value of £311,000, and a deposit of £7,775.
Wildbridge, Yapton
Close to the charms of the coast and the countryside, Wildbridge in Yapton, West Sussex comprises a variety of layouts and designs of two, three and four-bedroom houses and bungalows. Close to a range of essentials from well-stocked shops to restaurants. For young families, Wildbridge is located within easy reach of a selection of ‘outstanding’ and ‘good’ rated schools. Prices at Wildbridge start from £110,250 for a 35% share of a two-bedroom home with a full market value of £315,000.
Bluebell Heights, Coldean
Set alongside the stunning Stammer Park Nature Reserve, Bluebell Heights’ 1, 2 and 3 bedroom apartments are surrounded by nature. All homes have a private outdoor area and allocated parking. Bluebell Heights offers great transport links, including easy access to the A23 and A27 towards London, Chichester and Eastbourne and train connections to Brighton are available from Falmer Station, with the journey taking just nine minutes. Prices from £66,875 for an example of a 25% share, based on a full market value of £267,500, with a deposit of £6,687.
Your Shared Ownership Journey Begins Here
Whether you’re a first-time buyer, a young professional, or someone seeking a more affordable path to homeownership, shared ownership offers a world of possibilities. Explore these incredible developments with Hyde New Homes and take the first step towards making your homeownership dream come true.
