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Southmere SO

Shared ownership

Harrow Manorway and Yarnton Way, Thamesmead, SE2 9UH

For salenew home
Shared ownership
Photo of Southmere SO
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  • from

    £

    2 bedroom

  • from

    TBD

    3 bedroom

from

£118,500

with min. deposit

£11,850

Peabody

TBD

3 bedroom house

Availability

Coming soon

Minimum share

25%

Monthly service charge

£0

Bedrooms

3

Bathrooms

1

Reception rooms

1

Number of floors

1

Entrance floor

Ground floor

Tenure

leasehold

Property features

Off street parkingWheelchair accessible

Overview

Make the smart move South at Southmere

 

Shared Ownership prices at Crane Court starting from
1 bed - Fully Reserved
2 bed - £118,500 for a 30% share
3 bed - £153,000 for a 30% share

Introducing Crane Court, the latest collection of homes at Southmere, part of the award winning regeneration of Thamesmead, SE2. 

A new collection of 2 & 3-bedroom apartments available with Shared Ownership including a final selection of Townhouses. Southmere is set in a vibrant lakeside setting just minutes from Canary Wharf, with direct access to concierge service including a residents lounge and co-working space

Homes at Southmere in Thamesmead will also benefit …

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

£118,500

with min. deposit

£11,850

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