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Prices: £65,000 - £144,00025% Minimum share
Choice of one and two bedroom apartments and wheelchair adaptable apartments are available.
Shared Ownership is designed so that you can buy a new home with a lower deposit and with monthly housing costs that are approximately 20% lower than if you were to buy the same home outright on the open market.
With Shared Ownership, you buy a share in your new home or a resale home usually between 25% and 75% of the full market value of the home. You also pay rent, which is initially capped at a maximum of 3%, on the part owned by Network Homes. In addition a service charge is payable per month.
You will need to have savings to cover any deposit required by your mortgage lender and the costs involved in moving.
When you can afford to, you can take your next steps and increase the share you own; this is known as 'staircasing'. The cost of the additional share that you buy will be based on the current market value of your home.
By appointment only!
Limited collection of contemporary one and two-bedroom Shared Ownership apartments in the up and coming town of Feltham.
Whether seeking some tranquil green space or a fast commute to central London, there’s something for everyone in this stunning new development. Situated just opposite Feltham Station, this contemporary apartment complex overlooks Longford River and is in close proximity to several parks including Hayworth Park and Leitrim Park. Each thoughtfully considered apartment comes with its own balcony or terrace to take in the views.
For those new to the area, Feltham is a thriving district with big plans. Advantageously situated close to Heathrow and with fast links into Central London, things are set to get even better. Buying at Centrum you’ll be part of one of the capital’s most exciting regeneration projects, and at the centre of a neighbourhood that’s really going places. Investment in the area includes not only stylish new housing developments, and more local jobs, but improved transport links and even better retail and leisure facilities. All set to transform the area over the next 15 years.
All apartments are available on part buy/part rent basis and priority will be given to people that live or work in the London Borough of Hounslow.
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