1Eligibility
The first step in buying a home with Shared Ownership is to assess your eligibility.
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Register your interest for Brentford
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Shared Ownership in Brentford
Find your perfect new Shared Ownership home in Brentford, the London Borough of Hounslow
Local properties in Brentford
If you want to be close to Central London but prefer living in a town environment, an affordable home in Brentford, Hounslow is the perfect compromise. Excellent public transport links into Central London and major roads mean that you can spend less time commuting and more time enjoying your home.
Why Brentford?
- Being one of the calmer spots of London, Brentford is great town for cycling & walking as it is located close to some large parks and sits on both the River Thames and Grand Union Canal.
- Culturally, Brentford has a great variety of places to visit including Musical Museum, London museum of Water & Steam, Syon House, Watermans Arts Centre & Kew Gardens just across the River Thames.
- For fitness lovers, the nearby Brentford Fountain Leisure centre caters for a range of sports from gym exercises to swimming.
- Sports fans can visit nearby Griffin Park, home to Brentford football club.
- Short bus rides can take you east to Shepherd’s Bush (Westfield Shopping Centre) & Hammersmith, south to Richmond & Kingston and north to Ealing (Elizabeth Line).
- Brentford also sits right next to the M4 motorway, which brings Heathrow into close proximity and opens up easy access to the west country.
- Acess to Central London via Brentford train station takes you to Waterloo train staion in just 35 mins, which in turn opens up access to the south of England.
How does Shared Ownership work?
The Shared Ownership scheme is simple, you buy an initial share of between 25% and 75% of the apartments full value and pay a subsidised rent on the remainder.
You may purchase further shares (up to 100%) as your circumstances change, should you choose to.
How do I know what percentage I can purchase?
You can purchase any share from 25% to 75% of the initial purchase price, but some properties may carry specific minimum share restrictions. You will be asked to speak to a financial advisor to assess what share you can buy that is both affordable and sustainable.
How to buy a Shared Ownership home: a step-by-step guide
2Find a home
Search for available properties on our website here. Once you’ve found a property you’re interested in, you’ll need to arrange a viewing.
3Arrange a viewing
To find the ideal home that suits you, it’s best to see the property yourself. Book an appointment with us here to arrange online or in-person viewings.
4Affordability
Speak to a mortgage broker to see how much of the home you can buy.
5Application
To secure the property you’ve fallen in love with, complete the application paperwork and pay the reservation fee.
6Legal paperwork
With the reservation complete, you’ll need to instruct a solicitor and begin your legal paperwork to purchase the property. We make the process as smooth and seamless as possible, including breaking down technical terms with our jargon buster.
7Secure mortgage
Alongside the legal paperwork, you need to find a mortgage that suits you and complete your mortgage application. You can either do this yourself or use a mortgage broker. Your lender will carry out affordability checks to ensure that you can afford the mortgage repayments. See our affordability calculator to understand what you can afford.
8Sign contract
With the mortgage in place, get ready to sign on the dotted line and pay your deposit. This is an exciting part of the process where you’re really close to your dream of homeownership.
9Exchange
It’s time to exchange contracts, which are legally binding agreements between you and us for the purchase of your property. You will also find out more about your completion and move in date during this stage of the process.
10Move in
Congratulations! You can now move into your new home and make it your own.
You’ll still need to pay rent on the remaining share of the property you don’t own. The rent is usually set at 2.75% of the share that you don’t own. You can also choose to increase your ownership share over time, a process known as staircasing.
Get in touch
We look forward to hearing from you. Please contact our dedicated Sales Team who will be delighted to help you find your new home.