Shared Ownership West London
If you're looking for your dream home, why not consider shared ownership in West London?
West London is brimming with character, class and culture. While you can certainly buy a property with a price tag that packs a punch, there are plenty of new affordable, first-time buyer friendly new homes to get London lovers onto the property ladder without the London living costs.
Homeownership is a fundamental part of life and living. But for many people, owning their own affordable home seems like an unattainable goal that they will never reach.
Thankfully there are options out there to help you buy houses in London at an affordable price.
Take a look at our available Shared Ownership properties here
Shared Ownership in West London with Be West
“West is Best” goes the old London phrase and, with all the dynamism this region of the capital holds, it’s no wonder residents fall in love with inimitable pockets of this quarter of the capital, from Harrow to Hammersmith and everywhere in between.
Home to the leafy suburbs of Shepherd’s Bush and Fulham, there is so much to sink your teeth into, from the tantalising street food to the close-knit welcoming community. From sleek city streets on the Eastern side towards Hammersmith with its graceful Victorian architecture and uptown avenues to the blend of buzz and green spaces of West Drayton and its nearby Golf Clubs, the breadth of choice that West London has is difficult to beat.
A home for futures to flourish
With development projects and regeneration cropping up all over the West London region, these boroughs are quickly becoming a hot spot for first-time buyers, city commuters and anyone looking for a slice of city life without the sky-high prices.
From 1 bedroom apartments to 3 bedroom apartments for sale in West London, the suburbs on this side of the capital offer the perfect destination for both families and first-time buyers. And with plenty of universities in the area from Brunel university to the University of West London, this region is in no short supply or bright futures and exciting ambitions.
There’s a breadth of choice when it comes to schools too with Wembley High Technology College in Brent gaining the title of best secondary school in the country in 2018.
If you're looking for your dream home, why not consider shared ownership in West London?
Take a look at our available properties here
Impeccable connectivity, endless opportunity
With Heathrow on your doorstep, the Great Western Rail at your disposal and now the West London Orbital at your service wherever you choose to set up shop, you’re never too far from anywhere in West London.
Our homes for sale in West London are located in an area renowned for its business opportunities with Central Acton’s hub of retail and commerce welcoming new entrepreneurial thinkers everyday, whilst also putting itself on the map for the arts as a BBC favourite filming spot.
Hounslow is the place to be for eating out with its Michelin star restaurants and plentiful culinary creatives, while Uxbridge just north of West Drayton is a shopaholic’s haven.
If you're looking for your dream home, why not consider shared ownership in West London?
Take a look at our available properties here
BE WEST homes for sale in West London
Getting on the property ladder in the oh-so-luxurious location of West London is many a first-time buyers' dream, but with Shared Ownership, you can certainly purchase your own patch of the very best of the west at a price that won’t send you reeling.
The scheme allows you to buy a portion of the property while renting the rest, cutting your deposit to a fraction of the average London price and delivering on interior, exterior and location. West London has a home to fit every kind of buyer and whether you are all about the high class couture in Kensington or getting swept away by the diverse aromas of contemporary cooking in Acton is more your thing, Be West has you covered.
If you're looking for your dream home, why not consider shared ownership in West London?
Take a look at our available properties here
What is shared ownership?
If you're interested in being able to purchase one of our homes for sale in West London, Shared Ownership could be the perfect option for you.
You effectively purchase a portion of your property, with your initial share usually being between 25% and 75%. This means that you'll pay a mortgage on the part that you own, as well as a below-market value rent on the remaining share.
Shared Ownership is a great way to get onto the property ladder in an area that might otherwise be out of your price range, and it can also help to make buying a property more affordable.
If you're interested in learning more, get in touch with us today. We'd be happy to answer any of your questions.
If you're looking for your dream home, why not consider shared ownership in West London?
Take a look at our available properties here
FAQ's
Does Shared Ownership mean sharing with someone else?
No, this is something that often confuses people, that the 'shared' aspect of the scheme means you're sharing your home with another person.
The 'shared' aspect refers to the fact that you're sharing ownership of your home with the housing association.
You'll still have your own space in your home and you won't have to share it with anyone else. Home ownership will be yours.
Can I ever fully own my own home in West London?
Yes you can, let's explain why.
Shared ownership is a great way to buy a property in West London. You can buy a share of a property (usually between 25% and 75%) and pay rent on the rest.
This makes it more affordable than buying a property outright. And, best of all, you can eventually own the property outright if you want to. This is called ‘staircasing’.
With staircasing, you can buy additional shares in your property until you own 100%. At that point, you own the property outright and do not have to rent anymore.
Shared ownership is a great way to get started in the world of homeownership. And with staircasing, you can eventually own your home outright.
What are the eligibility criteria for Shared Ownership homes in West London?
Shared Ownership is a home-buying product designed to help those who cannot afford to purchase a property on the open market. The scheme provides an affordable way for buyers to purchase a home, and it can help them take their first step to a new home.
In order to be eligible, buyers must meet certain requirements before they can successfully register. For example, caps on household income mean that buyers must earn less than £80,000 to be eligible for the scheme – or less than £90,000 if they would like to buy a home in London.
Applicants must be at least 18 years of age and they cannot already own another property either in the UK or abroad. In addition, they must be able to demonstrate a need for housing and have a household income below a certain threshold.
If all of these criteria are met, they can apply for one of the many new homes available. Register today to find out if you are eligible.
How much will Shared Ownership cost me in West London?
Deposits on properties can be a huge barrier to home ownership, preventing many people from ever getting onto the property ladder. The scheme offers a way to reduce the size of the deposit, making it more possible for people to buy their own home.
With a shared ownership property, buyers usually only need to put down a deposit of 5% to 10% of the share that they're buying, rather than the full market value of the home. This can make a huge difference, particularly for first-time buyers who may not have much saved up.
In addition, properties often come with lower monthly mortgage payments, making them more affordable in the long run. As a result, an opportunity is now created for many people to take their first steps toward owning their own homes.
Buying a home is often more affordable than renting privately. You will need to pay back your mortgage, but other costs like service charges and solicitor fees can work out cheaper if you buy property in this way!
Are there any Shared Ownership homes to buy still in West London?
Have a look at our property listings by clicking any of the links on this page. We have shared ownership homes in West London and if you find something you are interested in please get in touch. We will be happy to answer any of your questions and help you through the process of buying a property.
Alternatively, if you would like to learn more about Shared Ownership or find out if you are eligible for the scheme, please contact us. One of our experienced advisors will be able to talk you through the process and help you understand whether Shared Ownership is right for you.
Use our property search tool below to discover our West London homes for sale and pick your next lovely abode.
If you're looking for your dream home, why not consider shared ownership in West London?
Take a look at our available properties here
Living in West London
Central London vs Shared Ownership Properties for Sale in West London
London is a city of great variety and we know that whoever chooses to live there will be able to find their perfect match.
Some may prefer the hustle and bustles seen in Kensington, while others may feel at home with ease on Fulham’s richly green soil; but no matter which part you call home -or even if it's just an apartment complex near Shepherd's Bush station- everyone can enjoy this beautiful metropolis full stop!
Living in London or ready to explore share to buy West London?
Living in the capital is a kaleidoscope of different personalities and offerings. Whether you’re young, old or somewhere between; there are so many options to choose from when looking for your perfect home!
West London is the place for all your ideal needs. Whether you're looking to stay right in the downtown area or find a more tranquil setting near stunning greenery, there's plenty of variety within this region which means we can offer something that suits every individual - from those wanting to explore city life at its fullest potentials as well get away from it all when they need some quiet time alone with family members.
It’s important though not just to have options but also to be able to provide outstanding service so everyone unlocks their door wide open without hesitation because no matter where someone lives here he/she will always feel welcome!
West London is the perfect destination for those who want to be near all that central London has to offer, yet still have their own space. Whether you're looking into starting your own business or simply need more room than an apartment can provide; this area offers it as well! Affordable home ownership is within your reach!
West London offers a never-ending buffet of experiences, with vintage shopping at Portobello Road and fine cuisine in Sheppards Bush. If you want more casual vibes however there's Little Venice for its narrowboats or the City where partying happens 24/7
Whether you want to spend time immersed in nature or just enjoy an evening out, living in West London will bring balance back into your life.
If you're looking for your dream home, why not consider shared ownership in West London?