Shared Ownership

WILDBRIDGE FROM HYDE NEW HOMES HELPS BUYERS BEAT PAINFUL DEPOSIT REQUIREMENTS

Press Release: 12.10.2023

WILDBRIDGE FROM HYDE NEW HOMES HELPS BUYERS BEAT PAINFUL DEPOSIT REQUIREMENTS

It now takes over a decade to save a deposit for a mortgage in the South East, according to a new survey from Generation Rent. [1] Across the UK, it takes on average 9.6 years to save up a 10% deposit (up from 6.8 years in 2012), but in the South East it...

Staying Local with Shared Ownership - A Case Study

Name: Dannielle Herman

Age: 27

Occupation: Financial Advisor

Purchased: A two-bedroom apartment at Newman Place

Cost of home and % bought: £134,000 for a 40% share of a two-bedroom apartment (FMV: £335,000)

Deposit: £13,400.

Monthly rent: £460

Monthly service charge: £146

Mortgage costs: £520

Total monthly cost...

Reduce Household Bills with New Build Shared Ownership Homes

With inflation rates now at their highest level since the early 1980s, the cost-of-living crisis is significantly impacting households across the UK.

As homeowners face sky high energy bills this winter, the appeal of a new build home, designed to be more energy efficient and engineered to be draught-free and generously insulated, is more attractive than ever.

Research from...

Peabody Online Event: The Ins and Outs of Shared Ownership at Southmere

On Thursday 28th July, Peabody will be hosting a webinar on everything buyers need to know about purchasing a home through Shared Ownership at Southmere, one of the first milestones in Peabody’s award- winning regeneration of Thamesmead.

The online event will offer potential buyers valuable advice on the part buy, part rent Government scheme and offer more information on the benefits...

Purchase a London pad with a pal at Leaside Lock

With the capital’s property prices continuing to rise, a recent survey has found that more than one third of buyers would consider purchasing a property with a friend.* Whether it’s to split the mortgage and household costs, or for the social benefits of sharing a space, the demand for part owning a home with a friend is becoming a popular route onto the property ladder.

Providing...

Make the smart move South to Southmere on Saturday 21st May

On Saturday 21st May, Peabody are hosting an exclusive Shared Ownership open day event at their award winning Southmere development, in the South East London property hotspot, Thamesmead.

Perfect for first-time buyers, the brand new collection of 1, 2 and 3-bed apartments at Crane Court are available to purchase with Shared Ownership, a scheme which lowers some of the financial...