Shared Ownership homes in Greenwich, provide you with a great way to buy your first home through a simple and affordable part own, part buy scheme. Buying a home in London doesn't have to be daunting, and searching in the historical expanse of Greenwich just might uncover some hidden property gems.
Current homes available in Greenwich
With stylish interiors and inspiring layouts, this final 1-bedroom home offers buyers a chance to purchase charming apartments within reach of Greenwich Park and Greenwich Station.
Set amongst the humble surroundings on Royal Hill in Greenwich, enjoy superb specification, open-plan living and private outdoor space as well as quality finishes throughout.
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What is Shared Ownership?
Shared Ownership makes it possible to buy a property that otherwise would not have been affordable on the open market. It is best suited to people who have some money saved, but not enough for a deposit to buy 100% of a home. In a nutshell, Shared Ownership allows you to buy a share of your home with a mortgage.
This can be as little as 25% or as much as 75% initially. Typically, people start with a 30% share. You only need to pay a deposit on the share you are buying, not on the total cost of the home. This means that the amount you need in savings is far less than if you were buying the same property outright.
Why you should consider Shared Ownership homes in Greenwich
London is full of hidden hot spots and any home buyer will be spoilt for choice deciding on which area to call home. However Greenwich has a unique character represented by its historian architecture but not lacking elements of the modernity that 'typical' London living has to offer. It's exciting and well chronicled past adds to the appeal of living in Greenwich and buying a Shared Ownership home in this area is a great way to get your foot on the ladder as a first time buyer.
Considered to be a 'luxurious area' to live in London and located on the South-east of the Central London, the Royal Borough of Greenwich encapsulates true English Maritime history with a trendy, leafy, family-friendly backdrop. Bursting with culture, Thames views and vibrant markets, Greenwich is a real gem of an area to lay down roots.
Our Shared Ownership homes in Greenwich such as our desirable collection of 1, 2 & 3 bedroom apartments in Valley House exude character and add a blend retro and urban living into such a historical town. With fabulous travel links into Zone 1, you're only a stones throw from the centre of London.
Explore the Greenery in Greenwich
Ideal for home-buyers wanting to escape the hectic pace of inner-city living, Greenwich lends itself as a serene retreat with plenty of open green spaces.
A much calmer, community-minded part of London, you'll find plenty of outdoor space for your morning run, leisurely walk or some outdoor fun, spectacular greenery surrounds the area including London's oldest Royal Park.
A relaxing quality of Greenwich, first-time buyers and young families are drawn to this area for this reason and enjoy the tranquillity and escapism it provides.
Our nearby Shared Ownership homes Frankham Walk and Arden launching in the area, late 2022 are surrounded by idyllic views, green spaces and provide the perfect example of vibrant cosmopolitan living.
Discover Historical Greenwich
Famed for being the home of Greenwich Mean Time (GMT), Greenwich is teeming with culture and historical landmarks to uncover. From the world famous Tea Clipper boat the Cutty Sark, you can also enjoy boat trips along the river. Or better still, enjoy the riverside views from your very own balcony at our part rent, part buy development at Valley House.
Learn about Britain's history at the National Maritime Museum or while away the time shopping for unique and quirky gifts in Greenwich Market. If you're feeling adventurous, make memories by gliding over the Thames in an Emirates Air Line cable car.
With so much to do and see in Greenwich, you won't want to leave such an exciting area of London. But if you want to travel into the centre of London, Greenwich offers great transport links the City by London Overground, London Underground and even by boat.
Shared Ownership is a part buy/part rent scheme that makes it possible for first time buyers to purchase a property that otherwise would not have been affordable. It is a government-backed scheme launched in 2006 for people who are unable to afford to buy a home at full market value.