Shared Ownership New Build Homes in London
✅ 313 shared ownership new build homes in London from £250,000.✅ Buy a 10% to 75% share with lower deposit across 313 developments. Start your journey.
Varcoe Corner
by Southern Housing Group South Bermondsey New 74-unit development with 1 and 2 room layouts, communal roof garden with skyline views, secure cycle storage, car club access and adaptable accessible units now.
Carlton Place
by Home Group Queen's ParkEnergy efficient 1 and 2 bedroom homes from £477,000 with quality finishes, private balconies, green courtyards, play areas and nearby schools, shops and parks
Merrick Place
by SNG SouthallModern 15 to 23 storey car free development with offices, green spaces, play areas, cycle parking and fast central connections, ideal for long term sustainable living
Stroudley Walk
by Poplar Harca Bow RoadModern mixed use project with four buildings, tower, shops, community hub, green terrace, affordable and shared homes, near cafes, schools, parks and transport
Textile
by Newlon Living Wood StreetModern residential building with 1 and 2 bedroom homes, shared ownership options, quality finishes, smart layouts, close to shops, parks, schools and transport.
Turner House
by PeabodySpacious 1, 2 and 3 bedroom homes from £350,000 with large windows, private gardens or balconies, eco friendly design and strong long term investment potential
Wimbourne Street at Hoxton West
by Hackney Council Old StreetModern 59 unit scheme with landscaped communal areas, new play spaces and commercial units, replacing rundown garages with high quality contemporary homes
Barking Riverside
by L&Q Becontree Large riverside development with new station, schools, healthcare, shops, cafés, parks, sports facilities and rich wildlife, designed as a healthy, connected community
ICON at Burnt Oak
by Network Homes Burnt OakModern homes with 1 to 3 bedrooms, shared ownership, green spaces nearby, parks, schools, gyms, cafes and easy access to public transport and airports
White Horse Chadwell Heath
by Oakwood Real Estate Chadwell Heath Bright 1 to 3 bedroom homes with modern design, shops below, strong transport links and regeneration potential, offering value now and likely price growth later
The Ellington
by Southwark Council Rotherhithe Modern development with high quality finishes, private outdoor spaces, strong transport links, nearby schools, parks, cafes, gyms and long 12 year building warranty
The Hue
by Fabrica Hounslow CentralModern co owned homes with 1, 2 and 3 room layouts plus 2 room duplexes, close to shops, parks, gyms, schools, health care, cafes and fast transport links
Shared Ownership New Build Homes in London
Shared Ownership is a government-backed scheme designed to help people get onto the London property ladder with a significantly smaller deposit. You purchase a share of a new build home (typically between 10% and 75% of its value) and pay a subsidized rent on the remaining portion to a housing association. This approach lowers the initial financial barrier, making homeownership accessible in areas where buying outright might be out of reach.
There are currently 313 shared ownership developments across London. The scheme is primarily open to first-time buyers and those who do not currently own a home, provided their household income is below £90,000. Over time, you have the option to increase your ownership stake through a process known as staircasing, eventually leading to full 100% ownership of your home.
FAQ: Shared Ownership New Build Homes in London
You buy a percentage of the home and pay rent on the rest. Because you are only financing a portion of the property, your mortgage and deposit are much smaller than if you were buying 100%. You still have all the rights and responsibilities of a homeowner, including the ability to decorate and live in the property as your own.
Eligibility is based on household income, which must be £90,000 or less per year in London. You must also be a first-time buyer, or someone who previously owned a home but cannot afford to buy one now. The property you are buying must be your only residence, and you must be able to demonstrate you can afford the monthly costs.
Staircasing is the process of buying additional shares in your property after you have moved in. As your financial situation improves, you can increase your stake (e.g., from 25% to 50%). The cost of the new shares is based on the market value of the property at the time you decide to staircase. Once you reach 100% ownership, you stop paying rent entirely.