Shared Ownership Croydon


Shared Ownership Apartments in Croydon

If you're looking for an affordable property for sale in Croydon, consider a shared ownership home in the vibrant and artistic suburbs on the outskirts of London. Famed for its rich history, dynamic art scene, music culture, and vast green spaces, Croydon has plenty to offer for those looking for affordable living with a distinctive flair.

Croydon: An Artistic Hub

Croydon is a treasure trove of culture, from its array of theatres and galleries to the mesmerising street art adorning its walls. International creatives gather here, adding to the area's colourful artistic tapestry. Known as the birthplace of musical prodigies like Amy Winehouse, Adele, and Leona Lewis thanks to the world-renowned Brit School, Croydon is an inspirational place to call home for artists and musicians alike.

Living in Vibrant Croydon

Over recent years, Croydon has undergone a significant transformation, making it an exciting residential choice. The area boasts the newly developed Westfield shopping centre, a haven for retail enthusiasts, offering a convenient alternative to the bustling London city centre. Not to mention, Croydon is home to Boxpark – a superb hub for food, music, events, and nightlife. This mix of cultural offerings positions Croydon as one of the top areas for London living.

Purley Properties For Sale 

Moat Homes is launching a collection of 2 & 3 bedroom shared ownership apartments in Purley, Croydon, featuring high specification kitchens, private balconies, and parking. The development, available for off-plan reservations in winter 2023 and move-in from early 2024, is ideally situated with easy commuting links to Central London and Gatwick airport. 

Purley offers a selection of local shops, restaurants, and bars, proximity to major retailers like IKEA and Costco, as well as access to Boxpark, Croydon's street food bars and a multi-screen Vue cinema. The area is also renowned for its natural beauty, with easy access to the Surrey Hills and the North Downs, offering residents a blend of city convenience and scenic surroundings.

Register your interest for Purley today! 

Shared Ownership In Crystal Palace 

Whether you're enticed by Croydon's eclectic culture or excellent commuting options, affordable shared-ownership homes here will certainly appeal. Take a special look at properties for sale in Crystal Palace.

Just a short walk from the Crystal Palace train station, these homes sit 109 metres above sea level, providing stunning views of the Surrey Hills and the vibrant city lights. Being close to Crystal Park means residents can relax and unwind from the city's hustle and bustle.

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. 

Homes and Communities Agency
Mayor Of London