Buy A New Home In London

Shared Ownership Homes for Sale in London

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New Shared Ownership Homes for Sale in London

London – the historic metropolis, the melting pot of cultures, the city of dreams. Does the idea of buying a piece of this grandeur seem daunting? With shared ownership in London, the key to your quintessential city home is within arm’s reach. As one of the world's leading global cities, London is renowned for its art, culture, commerce, and entertainment. From the bustling streets of Soho to the peaceful ambience of Hyde Park, London caters to every whim and fancy, making it a sought-after location for many.

Aster proudly showcases a plethora of homes and apartments in the heart of London. Scroll through our development pages and behold the range of options at your fingertips.

Embarking on the journey to buy a shared ownership home in London is made smoother with the expertise of the dedicated team at Aster Group. Just reach out to a member of our team who will be able to help!

Considering shared ownership? Picture this: with just a 5% deposit, your dream London home becomes tangible. Say, a 40% share is pegged at £300,000; your deposit would merely be £15,000. Transparent, straightforward, and tailored for you (and nope, the only sharing involved is with those you choose).

LONDON AT A GLANCE

London isn't just the capital of England; it's a sprawling city that encompasses history, innovation, diversity, and vibrancy. Towering skyscrapers coexist with historic architecture, and bustling markets come alive beside serene parks. Every corner tells a story, every street echoes with the past and resonates with the future.

DIVE INTO LONDON

What makes London tick? From the iconic Big Ben chiming away by the Thames to the eclectic vibes of Camden Town, London is an ever-evolving spectacle. Theatre enthusiasts revel in the magic of West End, while history buffs can lose themselves in the narratives of the British Museum or the Tower of London.

Foodies? Oh, London is your playground! Traverse through Borough Market, indulge in the East End's curries or savour gourmet experiences in Michelin-starred restaurants. And that's just scratching the surface.

Where to roam in London Whether you're soaking in panoramic city views from the Shard, meandering through the art-filled corridors of Tate Modern, or picnicking in Regent’s Park, London is a city of endless adventures.

Fashion aficionados can strut down King's Road, Carnaby Street or the luxury boutiques of Bond Street. For a hint of royalty, Buckingham Palace and its Changing of the Guard ceremony are not to be missed. As night falls, London's skyline sparkles – maybe take a ride on the London Eye or wander along the Southbank to soak in the ambience?

CONNECTIVITY – LONDON'S FORTE

Getting around London? It’s a breeze. The city boasts an intricate web of Underground lines, buses, and even river ferries. Whether you're zipping across zones on the Tube, cycling through dedicated lanes, or simply walking through its interconnected streets, London ensures you're always on the move.

LONDON: A MOSAIC OF EXPERIENCES

Living in London is akin to having the world at your doorstep. Each borough, every corner, and even the winding lanes narrate tales of history, diversity, and unmatched vibrancy. The capital is a symphony of traditional allure and modern splendour, making it an ideal choice for the discerning home buyer.

URBAN RETREATS AND HISTORICAL LANDMARKS

While London boasts iconic landmarks such as the Tower Bridge, Big Ben, and the Houses of Parliament, it's also home to serene urban retreats. The Royal Parks, including Hyde Park and Regents Park, offer tranquil spaces amidst the urban jungle, ideal for picnics, boat rides, or simply a leisurely walk.

Venture a bit further, and you'll stumble upon charming neighbourhoods, each radiating its distinct character. From the artsy vibes of Shoreditch to the upscale charm of Chelsea, there's a slice of London tailored for every personality.

LONDON'S EVER-EVOLVING SKYLINE

The city's skyline is an architectural marvel, with historic structures standing proudly beside contemporary masterpieces. The Shard, the Gherkin, and the London Eye are modern additions that seamlessly blend with the city's classical silhouette.

With shared ownership, the dream of being a part of London's tapestry becomes attainable. Secure your space in this global metropolis, where every day is an adventure waiting to unfold. Experience London in all its grandeur with Aster.

EMBRACE LONDON WITH ASTER

Why just visit when you can belong? With shared ownership, London is not just a destination; it's home. Our shared ownership properties are sprinkled across the city, each offering a unique perspective of London life. The narrative of London is vast, and with Aster, you can pen your chapter.

So, are you set to join the London rhythm? Explore our shared ownership properties in London and make the capital your courtyard.

FAQ

  • What is shared ownership?

    Shared ownership is a government-backed scheme designed to help individuals who may not afford to buy a home outright on the open market. Under this scheme, you purchase a share of a property (typically between 25% and 75%) and pay a reduced rent on the remaining share. Over time, if you wish, you can buy more shares in your home, a process known as "staircasing", until you own 100% of it. This approach makes homeownership more accessible for many and serves as a stepping stone towards full homeownership.

  • How does Aster support the purchase process?

    At Aster, we're committed to making your shared ownership journey smooth and stress-free. From the moment you express interest in a shared ownership property:

    • Consultation: Our dedicated Sales Negotiators will discuss your needs and guide you through the available properties that match your criteria.
    • Financial Guidance: To ensure clarity on costs and other financial matters, we direct you to our trusted partner, TMP, who are specialists in shared ownership mortgages.
    • Viewings: For new builds, viewings are conducted once the home has been reserved or after it's been handed over. For re-sales, the vendor themselves will manage and conduct the viewings, ensuring a personalised experience.
    • Paperwork & Legalities: We offer assistance with the paperwork, guiding you through the application process, and liaising with solicitors to ensure the legal side is handled efficiently.
    • Post-purchase Support: Even after you've moved in, we have a post-sales team that will be able to assist with any queries or support you may need, ensuring your transition into your new home is seamless.
  • Are there any additional costs involved?

    Yes, as with any property purchase, there are additional costs to be aware of:

    • Deposit: This is a percentage of the cost of the share you're buying, not the total property value.
    • Mortgage Fees: Depending on your lender, there may be arrangement fees or valuation fees.
    • Solicitor's Fees: This covers the legal work associated with purchasing a home.
    • Stamp Duty: Depending on the property value and your circumstances, you might need to pay Stamp Duty Land Tax.
    • Home Insurance: You'll need to insure your new home, and there might be associated costs.
    • Service Charge & Maintenance: If the property has communal areas or services, you might need to pay a monthly service charge.

    It's essential to factor in these costs when budgeting for your shared ownership home. Our team at Aster is here to guide you through these expenses, ensuring there are no unexpected surprises.

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