Are you tired of renting apartments in London? Do you dream of owning your own place in this bustling city? Well, look no further! In this blog article, we will guide you through the world of shared ownership and help you find the perfect apartment for sale in London.

What is Shared Ownership?

Shared ownership is a unique scheme that allows you to buy a share of a property and pay rent on the remaining share. This means that you can get on the property ladder with a smaller deposit and smaller mortgage. It’s a great option for first-time buyers who are struggling to save up for a full deposit.

The Benefits of Shared Ownership

Shared ownership offers several benefits that make it an attractive option for many buyers. Here are some of the key advantages:

  • Affordable Housing: Shared ownership allows you to purchase a property at a more affordable price compared to buying outright.
  • Flexibility: You have the option to increase your share of the property over time, known as “staircasing”. This means that you can gradually increase your ownership and eventually own the property outright.
  • Security: Shared ownership gives you the security of owning your own home, without the need for a large deposit.
  • Location: London is known for its expensive property market, but shared ownership makes it more accessible, allowing you to find apartment for sale in London in desirable locations.

How to Find Apartments for Sale in London

Now that you understand the benefits of shared ownership, let’s explore how you can find apartments for sale in London. Here are some steps to guide you:

  • Research: Start by researching the different shared ownership schemes available in London. Look for reputable developers and housing associations that offer shared ownership properties.
  • Register: Register with the relevant housing associations or developers to receive updates on new properties for sale. This will ensure that you don’t miss out on any opportunities.
  • Financial Assessment: Before you can proceed with buying a shared ownership property, you will need to undergo a financial assessment. This will determine your eligibility and affordability.
  • Property Search: Use online property portals and websites dedicated to shared ownership to search for apartments for sale in London. Filter your search based on your preferred location, budget, and other criteria.
  • Viewings: Once you have shortlisted some properties, arrange viewings to get a better idea of the space and amenities. Take your time and ask questions to make an informed decision.
  • Mortgage Approval: If you decide to proceed with a specific property, you will need to secure a mortgage. Work with a mortgage advisor who specializes in shared ownership to guide you through the process.
  • Legal Process: The final step is the legal process, which involves exchanging contracts and completing the purchase. It’s recommended to hire a solicitor who is experienced in shared ownership transactions.


Shared ownership is a fantastic option for individuals who want to own a property in London but are unable to afford a full deposit. With this guide, you now have the knowledge and tools to find new build apartments in London through shared ownership. Take the first step towards homeownership and start your search today!


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