SHARED OWNERSHIP

A PERFECT PARTNERSHIP

HELPING YOU BUY
YOUR FIRST HOME

You can buy an initial share between 25-75% of its value – and pay a subsidised rent on the part that you don’t own.

You can choose to increase the share you have in your home as your income increases, right up until you own 100% of it.

It makes getting onto the property ladder affordable and flexible, as it’s based on how much you can afford to pay.

CAN I APPLY?

Most people who do not own a property are eligible to apply for Shared Ownership with Newlon Housing Trust.

To qualify you should fall into the following categories:

You must be a first time buyer who cannot afford to buy a suitable home on the open market.

You should have access to savings to cover the cost of the mortgage deposit, mortgage valuation or survey, legal fees and stamp duty (where applicable).

Priority will go to people who live or work in the London Borough of Camden.

Gross household income must not exceed £90,000 per annum.

 

ABOUT NEWLON

NEWLON HOME OWNERSHIP

Newlon Home Ownership is part of Newlon Housing Trust, an award winning charitable housing association founded in Hackney in 1968.

Today we own or manage 8,000 homes in boroughs across north and east London.

Newlon provides a wide range of affordable housing, including Shared Ownership homes and we have an experienced sales team dedicated to helping you take
a first step onto the property ladder.

newlon home ownership

Tel: 0800 058 2544

www.NewlonHomeOwnership.org.uk