Bromley

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If you’re house hunting for a place that lets you forget the hustle and bustle of central London whilst also remaining only a few stops away on the tube, Bromley ticks that box. A comfortable sanctuary of green parks and leafy streets with all the shops, restaurants and outings one could wish for, it may even leave you with a few less reasons to pop into the city. For first time buyers, families and professionals alike, this London Borough really does have it all, from great schools and transport to a fantastic community feel.

One of the happiest places to live

It could be that Bromley is made up of 50% green space, the community vibe or perhaps it’s the simple convenience of the everyday and the amenities Bromley offers. Either way, Bromley is the second happiest place to live in London - falling just behind Richmond - and we’re not surprised! Locals completed the Survey based on the community spirit and their level of satisfaction with local services such as doctors, schools, green spaces and cultural activities. Quite the draw for home hunters, Bromley offers plenty of routes onto the property ladder for first time buyers.

New Things to Come

With the borough having a recently rejuvenated centre, awakening a far fresher feel to the hottest retail spots in the area, a house in this area is sure to be a healthy investment. Seeing refurbs on every front including an eclectic range of shops including all your classic favourites from H&M, Pandora and Apple at The Glades shopping centre, you’re never too far from a dip in the pool of retail therapy. But if a boutique style range is more your thing then Bromley’s historic Charter Market has everything from clothes and jewellery to food stalls and artisan coffee, making it a shopping experience with a touch more character.

Properties for sale in Bromley: A smart choice for a family move

As well as homing some of the happiest Londoners, this hotspot is a great move if you have a young family or one in mind for the future, with some fantastic OFSTED outstanding schools here, including St. Vincent De Paul Primary School. A move to Bromley presents weekend fun to be had in the 62 acres of Wildflower meadows and 26 overground stations providing seamless routes into central London, you can balance your need for the urban and the rural at the drop of a hat (or the purchase of a ticket).

What is Shared Ownership?

Shared ownership is a government back initiative to help first-time buyers who are unable to buy a property outright. Otherwise known as part buy, part rent, shared ownership is one of the most affordable homeownership options, offering a great way to get on the property ladder. 

Buyers are offered the chance to purchase a share of a property, whilst paying subsidised rent to a housing association on the remaining shares. 

How the process works

Register your interest to be added to our mailing list and you will receive details of the currently available properties and forthcoming open dayhs. Assuming that you meet the eligibility criteria, you will be invited to view and reserve a property. 

If you are allocated a home, you will need to arrange the finance for the property, usually with a mortgage, and appoint a solicitor to complete the purchase. We have a panel of recommended independent financial advisors and solicitors. 

Is shared ownership for me?

If you are unable to afford the full deposit or monthly repayments then this scheme is for you. There are a few stipulations though. Namely, you cannot currently own a property, you need to have a household income of more than £80k per annum. You should also be prepared for the costs involved with buying a home and for this we recommend you have around £4000. This is currently the best route that enables people to enter onto the property ladder. 

Moat
Homes and Communities Agency
Mayor Of London