What is Shared Ownership? Find out more
Shared Ownership is a type of affordable home ownership when a purchaser takes out a mortgage on a share of a property and pays rent to a landlord on the remaining share.
For example, someone might buy a 50 per cent share in a property and pay rent to the landlord on the remaining 50 per cent. Purchasers then have the opportunity to ‘staircase’ up their share of the property, gradually increasing the proportion of their home that they own outright and therefore paying less rent on the remaining portion, until they own 100 per cent of their home.
|Minimum share price from||£87,750 for a 30% share|
|Full price from||£292,500|
|Minimum deposit from||£8,775|
|Monthly rent from||£469|
|Service charge from||£120|
|Bathrooms||1 - 2|
70% Sold and selling fast become part of Barking’s exciting future at Weavers Quarter.
Please note that the Marketing Suite is open Thursday-Monday 10am - 5pm and Sunday, 10am - 4pm. Viewing by appointment only.
A new selection of 2 bedroom homes are available and selling now.
L&Q’s Weavers Quarter available through Shared Ownership in Barking has released its last and final phase of two-bedroom apartments. This new development is a joint venture with the London Borough of Barking and Dagenham.
Weavers Quarter is well connected with Barking station merely walking distance of the development, which provides several services into London via the Underground, Overground, and C2C rail links, connecting you to the City of London in 15 minutes
Shared Ownership homes at Weavers Quarter are available to applicants who live or work pan London and Essex. However, we will prioritise applicants living or working in the London Borough of Barking and Dagenham.
To find out more about Weavers Quarter visit weaversquarter.co.uk
Alternatively, you can call 0333 234 1153 in order to speak to a member of our sales team or email us to book a viewing firstname.lastname@example.org.
Please note Weavers Quarter is a car-free development. This means that no parking will be available to purchasers. If you do have a car, you will not be able to part it within or near the development.
Please also note, that as the development is located in Barking Town Centre, there is no free street parking available.
Please consider this before you register your interest in the development.