We have a range of incentives available on our Shared Ownership homes at Northwick Parkside!
£4,000 deposit contribution
To help you take your next step on the property ladder sooner, we are offering a £4,000 contribution towards your deposit on selected homes at Northwick Parkside.†
£500 towards your moving costs
To help make your move more affordable, we are offering £500 towards your moving costs on selected homes at Northwick Parkside.†
Work for the NHS? Get an additional £500 Love2Shop voucher!
We’re proud to support NHS staff with an exclusive £500 Love2Shop voucher to make moving home that little bit easier.† Love2shop are the UK's leading multi-retailer gift voucher - they can be redeemed in over 20,000 stores, restaurants and attractions, with over 150 top brands to choose from, including:
- Habitat
- John Lewis
- M&S
- Sainsburys
†Offers valid on Shared Ownership homes at SNG's Northwick Parkside development only, subject to availability and applicable to new reservations only. Subject to lender criteria, qualification, and acceptance of cash incentives. Offers may require exchange and completion to have taken place by particular dates, which will be confirmed by your sales consultant at time of sale. We reserve the right to withdraw these offers at any time. Our usual reservation and sales terms and conditions apply. For our full terms and conditions, click here.
FAQs
We partner with you to share the cost of buying your own home – you pay for the part you can afford and we’ll pay for the part that’s left. It’s an opportunity to buy the home that’s right for you without needing the large deposit or the mortgage that goes with it.
You buy a share in your home that’s right for you. That could be from either 10/25% and up to 75% initially. You’ll pay a reduced rent to us on the share we own and a monthly service charge.
As your finances allow, you can buy further shares in your home as and when you choose, meaning you’ll own more and pay less rent.
Typically, you’ll only need a deposit that is 5% of the value of your share, rather than of the total property value, meaning you could get moving sooner than you thought.
- As long as you are over 18
- Your household income is less than £80,000 or £90,000 in London
- And you don’t already own a home at the time of buying your Shared Ownership property
… then Shared Ownership could be right for you!
Some properties may be bound by local connection restrictions in order to make them affordable for local customers. We'll let you know if there are any restrictions in place when you are searching for a property.
A deposit for a Shared Ownership home can start from just 5% of the share value you’re looking to buy. So for example:
If you’re looking to buy a home that has a 40% share value of £80,000, then your deposit could be as little as £4,000 - meaning you may be able to get on the property ladder sooner than first thought!
You can speak to our panel of mortgage brokers for more information around affordability.
Once you’ve settled in to your new home and you’ve made it your own, you may want to consider buying more shares – we call this staircasing, and we’re with you every step of the way.
The more shares in your home that you own, the less rent you pay. Almost all of our homes can be purchased outright, meaning that you could own 100% of your home. You’ll be able to find out whether this is possible for your home by speaking to our dedicated sales team.
Find out more