Receive up to £5,000 towards buying costs on selected plots*
Receive up to £5,000 towards buying costs on selected plots*
L&Q at Brunel Street Works is the gateway to a bold new future for Canning Town boasting 167 beautiful new homes available through Shared Ownership. This pioneering vibrant new neighbourhood sits on the doorstep of Canning Town and leads a £3.7 billion regeneration programme bringing new homes, public spaces, restaurants & cafés, shops and creative workspaces to this well located area of London within a short walk to the Royal Docks. Less than 2 miles from Canary Wharf, Canning Town is East London's latest hotspot and becoming the destination of choice for first time buyers and city professionals alike.
Take a look around our two bedroom apartment with an interactive tour.
You can buy a 25% – 75% share of your new home through Shared Ownership. You’ll pay a mortgage on this and subsidised rent to L&Q on the remaining share. You need a deposit of 5% of the value of your share, meaning you can enjoy the stability of home ownership with a much lower upfront cost.
As time goes on and your income rises, you’ll have the option to ‘staircase’ – to increase the amount you own. During your ownership, you can do this three times, with prices based on the market value of your home at the time, eventually, you can own 100% of your home, and no longer pay rent. Eligibility criteria applies. You must have a maximum household income of £90,000.