With the average house deposit in London currently reaching over £80,000*, home ownership is becoming increasingly out of reach for young parents, struggling to save while simultaneously paying monthly rent and financially supporting a family.
However, schemes such as Shared Ownership are offering Londoners an alternative route onto the housing ladder. With a huge number of Shared Ownership homes providing more bedrooms and generous living areas, families previously priced out of the property market are now able to afford a permanent base for their children.
Showcasing the best of affordable homes, leading Shared Ownership property portal Share to Buy offers a wide selection of family homes across London.
The Staging Post, Hounslow
Set within an enviable location just outside central London, The Staging Post consists of a contemporary mix of one, two and three bedroom homes available to buy with Shared Ownership. The development is enveloped by 48 acres of parkland and the homes will form a thriving new neighbourhood. Commuters are well connected, with Hounslow Central offering a journey time of 40 minutes into central London. Prices for a one-bedroom apartment start from £81,250 for a 25% share of £325,000.
Cicely Court, Croydon
Cicely Court offers the final two three bedroom apartments just a short walk from a lively high street in Croydon. Fantastic for commuters, Waddon station is just a 10-minute walk from the development and provides a direct service to London Victoria in just 35 minutes. For lovers of the outdoors, Cicely Court is just a short walk to Mellows Park, a stunning 7.7 hectares park with an outdoor gym, ball park, playground and skatepark. Prices start from £142,500 for a 35% share of £412,500.
Casa, Wembley
Casa puts residents at the heart of Wembley Park in a vibrant new neighbourhood. The one, two and three bedroom light and airy apartments benefit from contemporary fitted kitchens and bathrooms with a modern design throughout. The development is close to both Wembley Park tube station and Wembley Stadium station, which offers links to Marylebone in less than 10 minutes. Prices for a one bedroom apartment start from £134,000 for a 40% share of £335,000.
Duesbury House, Bow
Duesbury House offers stylish one, two and three bedroom apartments in the heart of the East End. Each apartment has its own balcony offering private outdoor space with plenty of natural light. Duesbury House is just a short walk from Mile End, from which there is a travel time of just seven minutes into The City. Prices for a one-bedroom apartment start from £102,500 for a 25% share of £410,000.
Aurora Point, Surrey Quays
Aurora Point, set around two landscaped courtyards, offers high specification one, two and three bedroom apartments and duplexes, with prices starting at £126,000 for a 30% share of £420,000. The development is perfectly placed just south of the river and has fantastic connectivity with Bank reachable in six minutes and London Bridge in just four minutes. Each apartment comprises luxury handleless kitchen units with integrated Smeg appliances and a private terrace, garden or balcony to most apartments.
All of the above homes are listed on Share to Buy, visit www.sharetobuy.com