 One of the joys of living in London is that it really does offer something for everyone. Whatever your priorities and whether you'd prefer to live fairly centrally or in a leafy suburb, by using shared ownership you can get on the ladder for less per month than you'd pay to rent somewhere similar locally. Here are just some of the London hotspots to put on your radar – along with calculations to show how buying through shared ownership might save you £££s in rent. White City Average rent: £2,514 Westfield London – for eating, entertainment and shops – plus a branch of Soho House in the restored former BBC TV building are among the attractions of living in a neighbourhood that's changed beyond all recognition in the past 15 years. Portobello Road and Holland Park are in walking distance, and between them, the local stations offer the choice of three Tube lines and Overground services. CHEAPER THAN RENTING: The Acer Apartments, W12 The Acer Apartments are in a 22-storey tower around the corner from Westfield (Credit: Langah) From £126,250 for a 25 per cent share of £505,000. For an average 40 per cent equity stake (£202,500), monthly cost is £2,059. These studio flats in a 22-storey tower around the corner from Westfield London have floor-to-ceiling windows that make the most of the spectacular views, and some homes come with sheltered balconies. Find out more about these properties here. Harrow Average rent: £1,679 This north-west London suburb is highly regarded for its schools, open spaces and fast transport links: less than 20 minutes into Zone 1, whether you're travelling by train, Overground or on the Metropolitan line. It encompasses Harrow town centre, historic Harrow on the Hill – dominated by the world-famous public school – and Wealdstone, which is being regenerated and still offers excellent value for money. CHEAPER THAN RENTING: Eastman Village, HA1 Harrow){kind=link}
NEWS… BUT NOT AS YOU KNOW IT
One of the joys of living in London is that it really does offer something for everyone.
Whatever your priorities and whether you’d prefer to live fairly centrally or in a leafy suburb, by using shared ownership you can get on the ladder for less per month than you’d pay to rent somewhere similar locally.
Here are just some of the London hotspots to put on your radar – along with calculations to show how buying through shared ownership might save you £££s in rent.
Average rent: £2,514