How Shared Ownership Is Helping Londoners Like You Get On The Property Ladder

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How Shared Ownership Is Helping Londoners Like You Get On The Property Ladder

This is a sponsored article on behalf of Notting Hill Genesis.

Able Quay, Millharbour

Desperate to become a London homeowner? If you're not absolutely raking it in, some might call that a pipe dream. But it doesn't have to be... thanks to Shared Ownership.

For those not in the know, Shared Ownership is a government-backed scheme that allows you to buy a share in a property — from 25% to 75% of its total market value — and pay subsidised rent on the bit you don't own. And here's the clincher: you only have to put down a deposit on the share you own, meaning you may not have to save for nearly as long as you would via the traditional route.  

The view from a balcony in Able Quay, Millhabour

As your finances improve over time — maybe you get a pay rise, or that ingenious app idea of yours finally takes off — you can "staircase" all the way up to full ownership and stop paying rent altogether. Job done.

So, which Shared Ownership properties are hot on the market right now? A couple of shiny new Docklands developments have certainly caught our eye; namely, Able Quay Millharbour and Liberty at Crossharbour. Developers Notting Hill Genesis have a range of one, two and three-bedroom flats up for grabs across the two developments. Let's have a closer look, shall we?

Liberty, Crossharbour

With 24hr concierge service, fibre-enabled broadband and around-the-clock access to a residents-only gym, Liberty ticks plenty of the boxes for contemporary urban living. Each apartment even boasts its own balcony, perfect for soaking up those dramatic cityscapes. And in what will undoubtedly be music to many commuters' ears, it's located just a couple of minutes from Crossharbour DLR station, and Canary Wharf station is less than 20 minutes walk away.

Click here to have nose a round this what could potentially be your new home (note the fancy integrated appliances, ample living space, and elegant flooring). Hurry, though — there are only a couple of three-beds left, and the smaller ones are getting snapped up fast, too.

Liberty, Crossharbour

Just five minutes away from Liberty, you'll find Able Quay, which, like its sister development, also boasts an incredibly slick design. There's luxury walnut wood-effect flooring from Amtico throughout, SMEG appliances, and a rather stylish two-tone kitchen.

The piazza-style courtyards and landscaped green areas — complete with water features — provide an ideal place to soak up the sunshine, and don't forget that you've got all of Canary Wharf's buzzing restaurants, trendy boutiques, and outdoor artworks on your doorstep.

Able Quay, Millharbour

Intrigued? Explore Able Quay here, or check out the other properties available via Shared Ownership from Notting Hill Genesis here — it could be the first step in making your property ownership dreams a reality.

Property prices start at £110,000 for a 25% share at Liberty, click here for further details and guidance income. At Able Quay, property prices start at £115,000 for a 25% share — further details and guidance income can be found here. Affordability and Eligibility criteria applies. Show flat images for illustrative purposes only.

Last Updated 29 May 2019