New Market Place
1, 2 & 3 bedroom Shared Ownership apartments coming soon to East London
Live in one of East London's most convenient locations
Offering a stepping stone to home ownership in Newham, these Shared Ownership apartments are well positioned for those who enjoy convenience and are looking for their first home. Don't miss out on the opportunity to call New Market Place your home.
- Available with Shared Ownership
- 1, 2 & 3 bedroom homes available
- 4 minute walk to East Ham Station
- Outdoor space to every home
Register your interest to contact a member of our sales team
Shared Ownership at New Market Place
You can buy a 25% – 75% share of your new home. You’ll pay a mortgage on this and subsidised rent to L&Q on the remaining share. You need a deposit of 10% 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.