Our properties available for shared ownership in Newham allow you to buy part of the equity in the house and rent the share that you do not own. The part-buy, part rent scheme is backed by the government as a great way to help many first time buyers acquire property.
You can purchase between 25% and 75% of the property and then pay a subsidised rent depending on the percentage of the equity you do not own. It allows you to put down a significantly low deposit and pay low monthly mortgage repayments.
Shared ownership targets those earning a household income no greater than £90,000 (£80,000 outside of London). It allows you to partner up with a friend or a relative as long as the combined annual income does not exceed the maximum income allowed.
Our properties for sale in Newham include a selection of one, two & three bedroom apartments coming soon in Silvertown, a great up-and-coming area in East London. Situated in the rejuvenated Royal Docks, these beautiful homes in The Refinery offer a rare opportunity to live in one of London’s most exciting developments.
The London Borough of Newham had a transformation during the 2012 Olympics and has become a popular community for professionals and young families looking for a place to live, study and work. The community boasts of a wide range of amenities, slick apartments and efficient means of transport.
It is home to London Aquatics Centre, Queen Elizabeth’s Park and London Olympic Stadium among other sporting facilities. There are also fine dining locations and retail centres. The Westfield Stratford City Shopping Centre is one of the largest shopping centres in Europe. There are also several well-maintained community recreation parks for you and the family.
Newham is a great location to live with your family, alone or in your sunset days. Take advantage of our properties available for Shared Ownership in Newham and open up the doors to your dream home.
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