NETWORK HOMES SHARED OWNERSHIP BLOG

For many aspiring home-hunters, the prospect of owning their own property seems like a far reach. Financial circumstances can make saving for a deposit extremely difficult; and, oftentimes, renting is the only option available. Fortunately, the government’s Shared Ownership scheme has helped thousands of first-time buyers realise their dream of owning a home.

The Shared Ownership scheme allows prospective buyers to purchase a share of a property (usually between 25% and 75%), and pay rent on the remaining share. They can then purchase additional shares (up to 100%) as and when they can afford to do so. This is a fantastic way for first time buyers to get on the property ladder, as it drastically reduces the amount required for a deposit.

Network Homes has a number of Shared Ownership properties available, making it easier for purchasers to begin their home-buying journey.

Evolution, Southall

This exciting new development offers buyers a chance to own a Shared Ownership apartment in Southall; ranging from studios, through to duplexes, along with a selection of one and three-bedroom wheelchair accessible apartments. Residents will also have access to a private podium level courtyard garden and communal space.

This vibrant location has a range of local amenities. Residents can head to The Broadway for a unique shopping experience – with an abundance of jewellery, fabric, spices and food shops; as well as a host of bars, clubs and restaurants. Located just minutes from the Grand Union Canal, residents can also take advantage of the tow-path walks, parkland and green spaces that surround the fringes of Southall.

The development is situated just minutes from the M4, A4, and M25. Southall station is just a couple of minutes’ walk from the development, whisking travellers to London Paddington in around 18 minutes.

Prices at Evolution start from £64,375 for a 25% share of an apartment priced at £257,000.  For further information please visit https://www.networkhomessales.co.uk/evolution/

BRX, Brixton

Just a few Shared Ownership apartments are left to snap up at this stylish development in the heart of SW9.  Each apartment features a contemporary design with a top-tier specification, as well as a private balcony, and communal gardens that are bursting with life. Notably, residents also benefit from undercover allocated parking spaces.

Being located in one of London’s most exciting districts provides residents with all aspects of day and night-time entertainment – shopping, live music, arts and culture.

Brixton station is a three-minute stroll away, connecting residents with the southern end of the Victoria Line into central London. 

Prices at BRX start from £120,000 for a 25% of a one bed apartment priced at £480,000.  For further information please visit https://www.networkhomessales.co.uk/find-your-new-home/brx-shared-ownership/

A+, Hounslow

There are a number of Shared Ownership homes available at Network Homes’ elegant Hounslow development, A+ at The Assembly.

Occupying a central location in the popular west London neighbourhood of Hounslow, the final phase at A+ offers a spacious collection of one- and two-bedroom apartments; each with their own private balcony, communal garden square and secure children’s play area.

Just a few minutes’ walk from the development is bustling Hounslow town centre; offering arts and culture, a diverse selection of cuisine, and vibrant bars and shops. Residents can easily reach an array of parks and open spaces, as well as waterside walks and cycle paths along the River Crane.

Prices at A+ start from £75,000 for a 25% share of a one-bedroom apartment priced at £300,000. Network Homes will also contribute £500 towards legal fees, and offer free parking for one year. For more information, please visit: https://www.networkhomessales.co.uk/find-your-new-home/aplus-final-phase/  

Rectory Park, Northolt

This is the final phase at Network Homes’, Rectory Park; and offers buyers the opportunity to own a one or two-bedroom apartment through Shared Ownership. Notably, each apartment has access to its own balcony or terrace, giving access to fantastic views across the development.

A short bus ride away is Ealing Broadway Shopping Centre, and just a little further is the excellent shopping facilities at Westfield Shopping Centre.  Residents can enjoy outdoor living with green spaces and cycle paths, secure cycle storage, and a new community centre at the heart of the development. 

Nestled within London’s Green Belt, Rectory Park offers links into central London, with bus stops right outside; as well as Northolt underground station, Northolt Park rail station and the A40 close by. 

Prices at Rectory Park start from Prices are now from £110,000 for a 40% share of a one bedroom apartment priced at £275,000. For further information please visit https://www.networkhomessales.co.uk/rectoryparkfinalphase/

Centrum, Feltham

COMING SOON

Whether you’re seeking some tranquil green space, high street shopping, or a speedy commute into central London, there’s something for everyone at our stunning new development, Centrum in Feltham. Buying here means you’ll be part of the town’s’ remarkable regeneration project, which is set to transform the area over the course of the next 15 years.

Each carefully considered apartment features a light, open-plan layout, a range of high-quality integrated appliances, and, notably, each home comes with its’ own balcony or terrace. This contemporary apartment scheme overlooks a canal, and is in close proximity to several parks and open green spaces.

Ideally situated for commuters, Centrum is just minutes from Feltham Station, offering fast and frequent links into Central London and beyond. For international travel, Heathrow airport is also close buy – whisking you away with convenient ease.

Homes at Centrum are available with Shared Ownership. Prices are to be confirmed. For more information, please visit: https://www.networkhomessales.co.uk/find-your-new-home/centrum-feltham/

21 Fern Grove, Feltham – Property Ladder

COMING SOON

The ideal place for young families and commuters seeking their escape, 21 Fern Grove comprises a dynamic collection of 1, 2 and 3-bedroom homes. 

Residents can visit the rooftop at Fern Grove, where the noise of buzzing London life will start to fade away. Alternatively, residents can enjoy some tranquillity in the beautifully designed communal garden – the perfect place to watch the sunset and socialise, or relax and unwind after a long day. Private parking will also be available on selected plots.

Located in the heart of Feltham – a community with an exciting future as part of the Feltham Masterplan – and less than 500 metres from the train station, residents have the entire city on their doorstep.

Located beside the development is Glebeland Playing Fields; and, venturing a little further, an abundance of green space; including Hanworth Park, Hounslow Heath and Crane Park.

Feltham Station is only a short walk away, taking travellers to London Waterloo in under 40 minutes. For those driving, strategic roads linking to the A315, M25 and A316 are all within easy reach.

Shared Ownership is available on selected plots. Prices are to be confirmed. For more information, please visit: https://www.networkhomessales.co.uk/find-your-new-home/21-fern-grove/