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New Mansion Square

Shared ownership

Nine Elms, London, SW8 5AB

For salenew home
Shared ownership
Photo of New Mansion Square
Live from space album cover

from

£128,750

with min. deposit

£12,875

Overview

Carefully crafted studio, 1 & 2-bedroom homes in Battersea, SW8 | Available to View* | Register Your Interest

Be part of the renowned Battersea Power Station regeneration project! Live in the Shared Ownership Collection at New Mansion Square and benefit from the following amenities:

- Private balcony or terrace
- Concierge Service
- Private Residents Lounge
- 5 minutes walk from Battersea Power Station underground on the Northern Line
- Loads of green space with residents only garden and short walk to Battersea Park
- Moments away from the iconic Battersea Power Station and river Thames.

What is Shared Ownership?
Available to purchase through Shared …

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.

from

£128,750

with min. deposit

£12,875

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