L&Q's Shared Ownership event at Huntley Wharf
November 2022
Huntley Wharf welcomed aspiring buyers to the latest Homebuyer Event on Saturday 12th November. The day was a great success, attracting those who live in the heart of Reading and beyond. The team were on hand throughout the event to talk about Shared Ownership, as well as independent financial advisors who provided, free, financial guidance.
Shared Ownership enables those on lower incomes and the growing number of people wanting to get onto the property ladder, to part-own and part-rent a property, usually paying a mortgage on the part they own and with a subsidised rent on the part they don’t. As their income rises, they can increase the share they own until they eventually own 100% and no longer pay any rent to L&Q in a process known as ‘staircasing’.
L&Q at Huntley Wharf, currently have a collection of stylish and contemporary one- and two-bedroom Shared Ownership apartments available in the heart of Reading. Each home comes complete with fully integrated kitchen appliances as standard, allowing buyers to move straight in without worrying about additional costs.
A key advantage to buying a newbuild home is that they are designed to be more energy efficient than older properties, meaning buyers can enjoy both a reduced impact on the environment as well as savings on energy bills.