Say hello to Shared Ownership at Signal Park
What if we told you that you might be closer to becoming a London homeowner than you think? Shared Ownership offers a shortcut onto the property ladder by allowing first-time buyers to purchase a percentage of a property, rather than the whole thing. And it's available at Signal Park, a stunning new development now available in south west London.
Located in Tolworth, in the Royal Borough of Kingston-upon-Thames, Signal Park is a high spec collection of one-, two- and three-bedroom apartments. Shares start at 25%, which means you could secure a one-bed from just £88,125 (£352,500), a two-bed from £116,250 (£465,000), or a three-bed from £145,000 (£580,000).
Initially, you can purchase up to 75% of the property, with developer Guinness Homes owning the remainder. You'll pay a mortgage for the part you own and pay rent on the part you don't, plus a service charge. You can typically buy or sell more shares over time but, however much of the home you own, it's yours to decorate as you like. Let's have a nose shall we? | 