Discover our new homes in South East London

Shared Ownership South East London

Our homes in South East London

Houses for sale South East London - our aim at Moat is to make shared ownership South East London a realistic option for first time buyers. We are proud to present a wide range of high-quality properties for sale in the boroughs of CroydonGreenwich and Lewisham.

Buying a home in London

It's no secret that it's really hard to buy a home in London where property prices have been consistently rising. But what should you do if your life is in London and you want to buy a home of your own? Shared ownership makes homeownership more accessible by allowing you to buy a portion of a property and pay rent on the remaining share, significantly reducing the initial financial burden.

Living in South-East London with shared ownership is an excellent idea due to the area's variety of amenities, green spaces, and proximity to the heart of the city, ensuring an balanced lifestyle based on convenience. 

Commuting to the capital

All of our homes for shared ownership in London are conviently placed for onward travel to the Capital. Train stations are usually easily reached within a short walk for a stress-free and efficient journey. With frequent and reliable train services, daily travel becomes a hassle-free experience, whether you're heading to work, exploring the city's cultural attractions, or enjoying its vibrant nightlife.

Providing affordable homes in thriving communities and regeneration areas throughout South East London is what we do best and your journey to home ownership starts here.

New homes in Purley

Pampisford Road is available through shared ownership in Croydon. These beautiful 2 & 3 bedroom apartments provide excellent links into Central London from Purley train station which is just a 15 minute walk away. Each home comes with its own parking space, private outside space and a modern interior specification.

Shared ownership is one of the most affordable home ownership options and gives many people, often first-time buyers, the chance to get on the property ladder. At Moat, we provide high quality apartments and houses available for shared ownership sale, both new homes and resales.

Resale

Noble House

48 Ottley Drive, Kidbrooke, SE3 9GF

£1,541 estimated monthly cost

1 bedroom

1 bathroom

Shares from 25%

Full market value from £305,000

Resale

Cottrell Court

Greenwich, London, SE10 0QR.

£1,954 estimated monthly cost

2 bedrooms

1 bathroom

Shares from 45%

Full market value from £525,000

Resale

Bellville House

79 Norman Road, Greenwich, SE10 9FX

£2,133 estimated monthly cost

2 bedrooms

2 bathrooms

Shares from 25%

Full market value from £430,000

Resale

Ocean House

Greenwich, London, SE18 6NS.

£2,526 estimated monthly cost

3 bedrooms

2 bathrooms

Shares from 25%

Full market value from £680,000

Resale

Bayliss Heights

8 Peartree Way, Greenwich, London, SE10 0GX

£1,486 estimated monthly cost

1 bedroom

1 bathroom

Shares from 25%

Full market value from £375,000

Resale

Ocean House

Greenwich, London, SE18 6NS.

£2,440 estimated monthly cost

3 bedrooms

2 bathrooms

Shares from 25%

Full market value from £650,000

Frequently Asked Questions

Shared ownership offers the chance to purchase a share (generally between 25%-75%) of a house or an apartment. A 5%-10% mortgage deposit is required for the share being purchased which, in the current market, makes it possible to own a home through shared ownership.

If you don’t already own a home, live outside London and earn less that £80,000 a year, then yes you are eligible! The same applies in London but you can earn up to £90,000. For full eligibility details, please visit www.ownyourhome.gov.uk.

Yes, if you wish to purchase a home with us, you will need a deposit for your mortgage. This will typically be 5% or 10% of the total share value and is in addition to the savings required for other home buying costs such as legal fees and mortgage arrangement fees. Please note we do not accept interest only mortgages or 100% mortgages.

Buying a new home off plan means that you commit to purchasing it whilst it’s still being constructed. You may, or may not, have an opportunity to physically view inside it before your commitment to buy it becomes a legal obligation (at the stage where you exchange contracts). Further information about buying off-plan can be found here.

You’ll be expected to provide documentation to us, your mortgage advisor / lender and your appointed solicitor. This will include: wage slips, bank statements, proof of address, details of your employment and certified identification.

Resales are homes that the current owner bought through shared ownership and now wishes to sell on. It’s still the same shared ownership government-backed product but you normally purchase at least the share that the seller currently owns. Further information about resales can be found here.

Yes you can and you can do this at anytime after you have purchased your home. It is entirely up to you if you decide to staircase and purchase further shares.

You purchase additional shares at the current market value and with each staircasing transaction, your rent reduces according to the new percentage owned. When you reach 100% ownership, you no longer pay us rent, although you are still liable for service charges and ground rent (if applicable).

Ground rent is a fee that is charged on leasehold (and sometimes shared ownership) homes. If you have to pay ground rent it will be a condition of your lease for the land that your home is built on. This is generally only applicable for apartments and Moat usually do not charge ground rent if we are the freeholder (this means that Moat own the land and / or apartment block). If Moat aren’t the freeholder, we do not fix the ground rent but we will collect it from you to pass onto the freeholder or landlord of the building that you live in.

There are costs associated with buying a home and these include a reservation fee, survey and mortgage arrangement fees, solicitors fees and removal costs. We recommend that you have around £5,000 to cover all of this. This is in addition to any mortgage deposit you intend to use.

Our rent is typically set at 2.75% per annum for the share you don’t own. Here’s an example: You’ve paid £90,000 for a 30% share of a home with a full market value of £300,000. The remainder still owned by us is 70%, or £210,000. We’ll charge you rent at 2.75% per annum, that equates to £5,775 over the year, or just over £480 per month. Remember that you’ll also be paying your monthly mortgage and any service charge payments.

These are charges payable by you as the shared owner to the landlord / freeholder for services the landlord is obliged to provide under the terms of the lease. At the time of purchase, service charges are estimates and the amount will then vary from year to year depending on services provided. The cost of these services are usually split between those living in the apartment block or on the estate. Service charges include items such as cleaning of communal areas, maintenance of communal car parks, grounds maintenance, communal lighting etc. We provide full details of all service charges to you before you buy a home with us and they are also outlined in your lease.

If you’re buying a house, it’s usually fine to bring your pets. We do have to check the lease, so please speak to us if you have pets.

Yes you can! You will need to let us know about any bigger projects such as home improvements and structural changes.

Subletting your home isn’t allowed but you can take in a lodger. We are here to help, so please get in touch if you want to speak to us about subletting.

The managing agent is the company appointed by the management company or they can be appointed by the freeholder of the building to run and manage the building and associated services. If Moat is the freeholder, we will collect service charges directly from leaseholders in accordance with the terms of the lease. If Moat is not the freeholder, we will still collect the service charges as the freeholder will collect them from us; we do not make any money from this, we are simply passing on the costs. The service charges will include management fees which are their fees for this service. This is usually only a very small element of the total service charge.

The management company are responsible for the collection of service charges and the delivery of management and maintenance services across the estate / development where you live. The role and obligations of the management company are specified in your lease or Transfer to Moat. The management company may choose to pass some or all of their responsibilities to a managing agent.

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