Shared Ownership Hounslow
Shared ownership in Hounslow is a very popular choice for people looking for a their new home.
Culturally diverse, a hive of activity and one of the best connected spots in all of London, Hounslow is a melting pot of variety with plenty to offer its residents.
Home to sought after Chiswick, to the bustling markets and quaint coffee shops that pepper Feltham, this area is renowned for the space it offers, perfect for a family looking for London living that promises a little more room.
There's no wonder shared ownership properties in Hounslow are so popular!
What is shared ownership?
Shared ownership is a home ownership scheme designed to help people get onto the property ladder who may not be able to afford to buy a property outright. It allows you to purchase a share of a property, typically between 25-75%, and pay rent on the remaining share. Over time, you can buy more shares in the property, also known as "staircasing", until you own the property outright. Shared ownership is a great option for first-time buyers or those with lower incomes who are struggling to save for a large deposit. It can also be an affordable way for people to live in areas where property prices are high.
Search in Hounslow for your a share to buy property
What are the transport links like in Hounslow?
If you’re the busy city commuter you couldn’t be better served by the transport connections that get you in and around London from Hounslow, seamlessly.
Just 30 minutes from central London and served by the Piccadilly and District line, the area has several stations both Underground and Overground. With quick connections to the M25 and M4 from Chiswick, making your way out of the capital is a pretty simple job and with National Rail links, you can always swap to Zoom meetings on the train.
But what makes Hounslow’s transport connections so unique is its close proximity to Heathrow, making the short trip to the airport even more of a reason to book a holiday.
Green spaces near London - Hounslow
With a variety of day trips to historic houses and sprawling parks to choose from, there’s always time for a break from the city hustle and bustle.
The area is home to 5 stately homes, setting the tone for the more historical and elegant side to Hounslow. Syon House located in Syon Park is one of the many beautiful manors in the area located on the River Thames.
With over 400 years of history and 200 acres of parkland, the location is the perfect place for a relaxing walk or a picnic in the summer months. Many art lovers enjoy a wander through the gardens of Hogath's House, home to the renowned painter William Hogarth and an inspiring spot for any creative mind.
What is the culture and cuisine like in Hounslow?
A shared ownership home in Hounslow is a treat if you happen to be a foodie fanatic, from exceptional South Asian restaurants to spicy selections of Caribbean Cuisine to high street faves.
Chiswick offers some remarkable fine dining with La Trompette boasting stylish contemporary French food as well as a sumptuous collection of wines.
And should you fancy a spot of retail therapy before dinner then the Treaty Shopping Centre is home to all your favourites, located in the centre of Hounslow.
With theatres, dance studios, galleries and museums all within reach from a home in Hounslow, you certainly won’t find yourself bored.
And with central London half an hour from your living room, shared ownership Hounslow is a property opportunity for any family, couple or young professional with a love for London living.
How do I search for shared ownership properties in Hounslow?
You can use the search facility on our website to browse a range of shared ownership properties in Hounslow that match your needs and budget. Our search facility allows you to filter properties by location, price, and size, making it easy to find properties that meet your requirements.
When searching for shared ownership properties, it's important to think about your budget and what you're looking for in a property. You'll need to be able to afford the mortgage payments on the share of the property you're buying, as well as the rent on the remaining share. It's also worth considering the location and size of the property, as well as any additional costs, such as service charges.
Once you've found a property that you're interested in, you'll need to apply for shared ownership through the relevant housing association or local authority. The application process typically involves filling in a form and providing details of your income and outgoings. If you're successful in your application, you'll be able to purchase the share of the property that you can afford, with the option to buy more shares in the future.
At BeWest, we're committed to helping you find the perfect shared ownership property in Hounslow. If you have any questions or would like more information about the shared ownership process, don't hesitate to get in touch with us. Our team of experts is here to support you every step of the way.