Shared ownership at 18, 1 Offenham Road, Lambeth, SW9 7BN

18, 1 Offenham Road

London, SW9 7BN

For salenew home
Shared ownership
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Register interest

from £155,000

with min. deposit TBD

Overview

This large and light two bed apartment is offered to the market in exceptional condition. It is the top floor apartment with a south-west facing private balcony, overseeing a park. This property benefits from a large open kitchen/reception room, two double bedrooms, two bathrooms and ample storage space. Property is part of the popular The Wren Building and it has a good location. It is situated within the walking distance to Oval underground station. Local bus links giving the convenient transport links to get in and around London. Over last years this unsung, yet well connected, corner of south-west London has been transfor...

FAQs

Shared ownership is a government-backed scheme, designed to make stepping onto the property ladder more affordable. You buy a portion of a home normally with a mortgage and a deposit, and pay a low-cost rent on the rest.

Read more on the Shared Ownership FAQ

Help to Buy is an equity loan scheme to help you buy a new home. If you have a 5% deposit and can cover 75% of the value of the home with a mortgage (or 55% in London), the Government will lend you up to the remaining 20% (40% in London) in the form of an equity loan that carries 0% interest in the first 5 years. This is available on a variety of new-build properties for first time buyers and is subject to the property price, the subsequent price cap in that region and the developer offering the option.

You can read more on the Help to Buy FAQ

The rules for shared ownership are different to a private purchase. In short, as long as you don’t currently own, or won’t own another property when you move in to a new home, you’re likely to qualify. Help to Buy is available to first time buyers only and the property value itself must fall below a price threshold for that specific area which varies in terms of the average house price in the region.

Read more about eligibility in the FAQ

Some properties require you to live or work in the local area in order to be eligible to buy them. By knowing the areas in which you live and work, we can make sure you see everything available to you.

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