To give you the best chance of owning a home through Shared Ownership at Battersea Reach, we recommend that you have the following guidance household income and deposit; 2 bed apartments: Starting from £ 140,625 (25% share of full market value £ 562,500 ) with a guidance income between £ 74,477 - £90,000 p.a. Among the many attractions across its 175 acres are a lake and smaller ponds, a wildlife education centre, a nature trail and outdoor … Wandsworth Council. Wandsworth Common lies at the heart of the neighbourhood and is and loved by the local community. Benefiting from an enviable Zone 1 location with potential for economic growth, withing walking distance to the new Nine Elms station (due 2021) and complete with a luxurious, modern interior throughout and a balcony On the day there will be local housing associations, financial advisors and solicitors offering help and advice to first time buyers living or working in Wandsworth to find their way around the different home ownership options and opportunities available to residents and workers. You’re no longer required to live or work in the area where you intend to buy, however there may be some exceptions to these rules where historic agreements have been made with local authorities about certain developments. Come and see what opportunities are available. The astonishing numbers of children living in temporary homes in Wandsworth; However, there are also 116 shared ownership properties on the Riverlight development on Nine Elms Lane as well as 57 new council properties for the area just off Battersea Park Road, where residents are already beginning to move in. Prices to be confirmed. The council’s Cabinet Member for Housing, Cllr Kim Caddy, said: “Helping residents meet their housing needs and aspirations is at the heart of our Housing Strategy. Take a look at the listings of all our available resale homes and see if there's a home for you. Earlsfield Place, a stylish collection of 102 luxurious contemporary apartments, penthouses and 6 x freehold houses set-in picturesque Earlsfield *SAVE £££ WITH THE STAMP DUTY HOLIDAY *BOOK YOUR APPOINTMENT TODAY * SHOW HOME NOW AVAILABLE TO VIEW** COMPLETION EST Q1 2021 *2earlsfieldplace.co.uk Want to find out more about this L&Q development. Shared Ownership is the smart and refreshingly affordable alternative to buying a home on the open market. Eligibility. Criteria for shared ownership allocation . Tooting Conservatives have chosen their candidate to fight the next General Election. For first time buyers who believe that purchasing their own home is out of reach, Shared Ownership homes in Wandsworth can help them to take those vital first steps on to the London property ladder. The minimum share you can purchase is 25% and the maximum is 75%. Private and social housing in the borough of Wandsworth. We appreciate how important it is to focus on landlords as well as tenants. Local housing providers and Independent financial and legal advisors will be on hand to give personal advice on mortgages and the buying process for those taking their first steps … Paul Martin, the council’s chief executive, is fully in support of the event and added: “I would particularly encourage the council’s staff to attend and see what local housing opportunities might be available to them. A key advantage is that, as part-owner, you have a security of tenure that renting cannot offer. This website uses cookies. OPSO – Older People’s Shared Ownership. As your income rises, you can increase the share you own until you eventually own 100%. Wandsworth town centre, where the Ram Brewery is poised to become a new quarter with 669 homes, More homes will be built in Wandsworth than any other London borough during the next decade - affordable properties as well as pricier ones. Wandsworth Council opens the door to home ownership, Kerry Briscoe selected as the Parliamentary Candidate for Tooting, First Vaccinations in the UK Against Coronavirus Begin. Vibrancy, plenty of open space, a choice of schools and excellent transport links all attract young couples and families to Wandsworth. 020 8871 6000 The Town Hall, Wandsworth High Street, London, SW18 2PU "We know that there are many different housing schemes around and it can be difficult to know where to start, so come along to the open door event for free, impartial advice on your options to own your own home.”, For more information about the event or to learn about home buying opportunities in Wandsworth visit www.wandsworth.gov.uk/homeownership, email housesales@wandsworth.gov.uk or call the Home Ownership Team on (020) 8871 6161. Check your eligibility or Register your interest to be notified for upcoming open days at Waterway, Wandsworth, SW18, Enterprise Way, SW18 1SA. A stylish and luxurious new development providing 93 much needed homes for Shared Ownership. Shared ownership (where someone buys a minimum of 25 per cent of their home and pays rent on the remainder) is one way people can get onto the … Once your eligibility has been confirmed you will be assigned an LQSO number, which you will need to book a viewing or reserve a property. Shared Ownership is a type of affordable home ownership when a purchaser takes out a mortgage on a share of a property and pays rent to a landlord on the remaining share. The council’s dedicated Home Ownership Team is hosting the Annual Affordable Housing Open Day on Thursday October 17, 2019 from 2pm to 8pm in the Civic Suite in Wandsworth High Street. For more details see our privacy policy. NEXT: check out our Shared Ownership frequently asked questions If you're aged 55 or over, the OPSO scheme could help you own up to 75% of any home that’s for sale on a shared ownership basis (part-rent/part-buy). Wandsworth Council. 1. Find: wandsworth properties for sale at the best prices The minimum share you can purchase is 25% and the maximum is 75%. It doesn’t matter what your job is, but your income must be less than £90,000 within London and £80,000 outside of London. Costs and fees. About shared ownership. You will usually pay a mortgage on the part you own and a subsidised rent on the part you don’t own. The scheme was completed by Optivo housing association in 2017 and was the first allocation of shared ownership housing in Nine Elms. New collection of 1 & 2 bedroom apartments now available with Shared Ownership at Wandsworth Exchange from £123,750 for a 25% share. 2 bedroom homes for Shared ownership in London. £1,850 towards legal fees for a limited time only! Applying with L&Q is the only way to confirm that you’re eligible to purchase one of our Shared Ownership homes. Information about council housing, homelessness, finding a home, supported housing, private housing and home ownership. “All 116 shared ownership apartments were sold to people who live or work in Wandsworth who would otherwise not have been able to purchase a home of their own. If you have a long-term disability, the HOLD scheme in England could help you buy any home for sale on a shared ownership basis (part-rent/part-buy). However this short list will give you an indication of the minimum eligibility requirements. With both Outright Sale and Shared Ownership for sale, all homes at Wandsworth Exchange are thoughtfully designed to offer effortless living and an escape from the bustle of city life. Find a shared ownership property. Under the Shared Ownership scheme you part-own and part-rent your home, making it possible for first-time buyers and families to get on the property ladder. Shared Ownership is an excellent way for people to take their first step onto the property ladder. We're offering Wandsworth residents the opportunity to buy a brand-new Shared Ownership home in the heart of the borough. Our approach is the reason we are one of the highest profile providers of block management Wandsworth has. We are committed to delivering over 1,000 new council homes, with 60 per cent available at discounted rates to rent or buy and market housing targeted to local buyers committed to owning and occupying.". Heathfield Square is our exciting new development, in partnership with Wandsworth Council and the Greater London Authority (GLA). A chance to make yourself at home in the heart of a vibrant, well-connected and flourishing London neighbourhood. and a deposit of £ 14,063 Under the Shared Ownership scheme you part-own and part-rent your home, making it possible for first-time buyers and families to get on the property ladder. You could buy a share of your home (between 25% and 75% of the home’s value) and pay rent on the remaining share. The only 3 bedroom homes remaining at Lexington Gardens, these aren't to be missed. Buyers will need to budget monthly for rent at £289, service charge at £219, plus their mortgage repayments. It includes questions about your household income and savings, financial commitments, and your current living arrangements. New collection of 1 & 2 bedroom apartments now available with Shared Ownership at Wandsworth Exchange from £123,750 for a 25% share. About Wandsworth Exchange Wandsworth Exchange offers first-time buyers a rare opportunity to get a foot on the ladder in one of London’s most desirable boroughs. The Leader and Cllr Caddy open the new development Heathfield Square is an exciting new development from housing association Optivo, in partnership with Wandsworth Council and the Greater London Authority (GLA). 020 8871 6000 The Town Hall, Wandsworth High Street, London, SW18 2PU "We are proud that Wandsworth residents who registered for the Council's low-cost home ownership service got the opportunity to buy a shared ownership apartment in this award-winning Riverlight development." There’s a new library, shops and amenities on your doorstep. Find new build Part Buy Part Rent properties in Wandsworth with the UK's Number 1 new home property portal, WhatHouse Wandsworth care home invests in 15-minute COVID-19 tests for visitors. You will usually pay a mortgage on the part you own and a subsidised rent on the part you don’t own. Tooting school in top ten nationwide for closing disadvantage gap. Waterway, Wandsworth, London. 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