Shared Ownership in Sutton
George Rex [CC-BY-SA-2.0 (http://creativecommons.org/licenses/by-sa/2.0)], via Wikimedia Commons
Situated on the southern edge of London, Sutton is an excitingly diverse borough. Visitors will want to check out the 16th-century timber framed Whitehall in the heart of the Cheam Village conservation area and Little Holland House, inspired by the Arts and Crafts Movement. Carshalton is a picturesque village which lies around Sutton’s two ponds. The upper pond is dominated by the historic house of Homeywood, parts of which date back to the 17th century. The park now contains a heritage centre with a display on local history and a number of period rooms. In addition to historical attractions, Sutton Countryside Walk in the magnificent Oaks Park offers one of many opportunities for relaxation.
Sutton is one of several towns located on a narrow bed of Thanet Sands which extends from Croydon in the east, to Epsom in the west. To the south of this belt is chalk of the North Downs, and to the north is clay. The belt of Thanet sands allowed wells to provide clean water, whereas the clay to the north mostly offered surface water of unsuitable quality. This feature attracted settlements to the sand belt from a very early date.
Leafy Sutton is a commuter area popular with first time buyers and young families, as property prices are cheaper than in London’s inner boroughs and the proliferation of green spaces makes it appealing to those wanting to raise a family. Housing is a mixture of bay-fronted Victorian properties, 1930s semis and purpose built flats. There are numerous property developments now offering shared ownership and affordable housing schemes managed by local housing trusts. The area also has a reputation for good schools, and the shops, leisure centres, pubs and restaurants make it a self-contained town in itself, with the railway linking to Victoria and London Bridge.
Shared Ownership in Sutton
You may well be asking yourself: What is affordable housing? What is shared ownership?
Affordable housing particularly shared ownership schemes are housing for people looking to own a home but cannot afford the type of property in the location they require. Shared Ownership schemes (formerly Part-buy part-rent homes in Sutton) are prioritised for first time buyers on a regional basis and for those deemed in need of housing such as social housing tenants in Sutton. Shared Ownership enables potential buyers to purchase a share (usually a minimum of 25%) in a property and pay rent on the remaining share. The Homes and Communities Agency will invest the substantial sum of 4.5bn in affordable housing throughout 2011-15.
Housetrade.co.uk services are open to; the public, social housing providers/registered social landlords (RSLs), housing associations, and property development firms including (new build housing providers). This platform provides a real alternative to utilising estate agents in Sutton as you can see from our shared ownership resale list of properties.
Housetrade also provides Shared Ownership Properties in Sutton and Affordable Homes for sale on the website and operates with the government initiated Homebuy Scheme. If you are interested in Shared Ownership for sale in Sutton or Affordable Housing in Sutton perform a property Search for Shared Ownership property in Sutton.
Whether searching for shared ownership flats for sale in Sutton including; 1 bed shared ownership apartments and 2 bed apartments or 3 bed, and 4 bed shared ownership homes in Sutton Housetrade can help. Register now to sell your shared ownership house for sale in Sutton.
We have a number of partner organisations within the Sutton property sector that include shared ownership valuations, shared ownership conveyancing, shared ownership solicitors, shared ownership mortgages, shared ownership financial advisors, shared ownership EPC Certificates, shared ownership surveyors, shared ownership buildings insurance providers, and bridging loan providers.
Shared Ownership Mortgages
When you have found a shared ownership property in Sutton the first step is to undergo an affordability assessment and mortgage interview with a shared ownership mortgage lender and IFA. To give an indication of affordability why not use our shared ownership affordability calculator. Our partner specialist shared ownership mortgage brokers can scour the market for shared ownership mortgage deals. Shared Ownership Mortgage & mortgage brokers from Housetrade.co.uk Before searching for shared ownership mortgages it may well be worthwhile to utilise our shared ownership mortgage calculator to give an indication of what you can afford. You can then obtain an agreement in principle which will enable you to make an offer on a property.
Shared Ownership Solicitors
You will then need to appoint a specialist shared ownership conveyancing solicitors. We have carefully selected partner shared ownership solicitors based on service levels and value. If you cannot find any suitable shared ownership homes in the area you are searching for please fill out an enquiry and we will be in touch with suitable properties as and when they become available.