Metropolitan’s new shared ownership homes at South West 9 present a rare opportunity to buy a first home more affordably in this vibrant south London location.find out more
Shared Ownership is for anyone who cannot afford to buy a suitable home on the open market, but you will need to meet a minimum household income requirement (this is calculated on an individual basis), and must be able to pay for your mortgage valuation survey, legal fees and stamp duty (when applicable).
A deposit is normally required. We can help you to find a lender and solicitor with low cost home ownership housing experience.
Each month, you will pay off some of the mortgage on the proportion of the home you are buying, and pay us a specified rent on the remainder owned by the housing trust.
When you can afford to, you can buy more of your home or even own it outright, at the same price it is worth at the time
that you buy an additional share. You can increase the share that you own as and when you can afford to.