Think owning a property in London is a distant dream? Many Londoners are now investing in shared ownership. For them, it makes that first step onto the property ladder a reality. Shared ownership with L&Q PricedIn makes it possible to own your home — even if you feel priced out of the property market. Here's why.
Why shared ownership?
Renting is great for some. But what about those who want to get on the property ladder? With an L&Q PricedIn shared ownership property you start off by buying an affordable share in your new home — anything between 25% and 75%.
Pay a mortgage on the part you own and a subsidised rent on the part you don't. The deposit and the mortgage are considerably less. But you're still making steps towards having a place of your own.
So can I eventually own my property outright?
That's the idea. As your income rises, you can increase the share you own until you eventually own 100% of the property (surely every Londoner's dream). And at that point, you stop paying rent altogether.
Why L&Q PrciedIn?
Deposits for L&Q PricedIn's shared ownership homes are usually lower than buying on the open market. So if you're currently renting, you may actually be able to reduce your monthly outgoings.
L&Q PricedIn has many satisfied customers. Like Helen, who is now able to live in a place of her own, in Elephant and Castle. Or Colin and Georgia, whose brand new maisonette in Erith comes with private parking and terrace.
You can discover plenty more L&Q PricedIn shared ownership stories here.
What's hot on the market right now?
Glad we've whetted your appetite. L&Q PricedIn has shared ownership properties across London, including:
- Sustainable living for young couples and professionals, in soon-to-be Crossrail-linked Acton Gardens.
- Stylish apartments in 48 acres of sprawling green space, at Greenwich Peninsula.
- A brand new collection of 1, 2 and 3 bedroom apartments with 24-hour concierge service and gym, at Stratford Central.
Visit L&Q PricedIn's shared ownership website, to see how you can get on the property ladder.