Shared ownership is a way that allows many first-time home buyers to buy their own home in top areas of London. For many people, the prospect of owning their own home in some of the best areas in London like Barnet, Highbury, Camden Town, or Greater London was just a dream. Now with the Shared Ownership scheme, owning your own property in the nation’s capital is something within reach of many people.
If you are interested in looking to buy your own home or apartment through the Shared Ownership scheme in London, this article looks at the 4 top London areas for shared ownership housing.
Situated in North London, Barnet is one of the nicest areas of London to own a home. In fact, many famous people have decided to buy property in the areas. Even though Barnet attracts the famous and wealthy, there is still plenty of affordable housing available. This is one of the reasons why Barnet is an attractive area for shared ownership properties
Many who work in London choose Barnet as their borough of choice when looking for a place to live. Barnet is a London borough of contrasts with beautiful Georgian and Victorian houses in tree-lined streets to new and well-appointed modern flats. Barnet is also well served by public transport with the commute time to London under an hour.
Among some of the top areas in London that are popular for shared ownership is Camden Town. Over the past few years, Camden has undergone a transformation with many types of properties for sale. It is possible to find beautiful apartments in elegant Georgian terraces. Or, many young professionals choose to live in modern apartments near Regent’s Canal.
Because of its proximity to central London and great public transport links and cycle paths, Camden is a great place to live. There is also plenty to do in the town itself. There are bustling street markets to visit and a huge choice of bars and restaurants to choose from. Many properties to buy in Camden Town are surprisingly close to green areas, with the most famous being Hampstead Heath.
Because property tends to be more expensive in Hampstead, shared ownership has become more affordable option for some to get on the housing ladder. Hampstead attracts families, professionals, and affluent residents who want to live in one of the best areas in London. You can also find 1, 2, and 3-bedroom shared ownership properties.
Many families choose Hampstead because of the availability of top class schools. In fact, there are many 5-star Ofsted-rated primary and secondary schools. Taking into consideration that it only a short commute to the London’s city centre and you are close to large green spaces, Hampstead is a great place to own a property.
Southwark is one of the boroughs that make up Greater London and new housing developments have made it a fashionable place to buy a flat. Southwark attracts many first-time home buyers through the shared ownership scheme and also young professionals who are moving up the property ladder.
Southwark is steeped in history and is home to some of the oldest theatres in London. It is also home to the Tate Modern and the famous Borough Market which is rated the best food market in London. Being just over a mile from Central London, Southwark is a great area for owning your own home if you work in the City.