Affordable home options and developments

We work with housing associations which develop affordable home ownership schemes.

These schemes are designed to help people who are unable to afford to buy their own home or rent a good quality home on the open market.

Homes in Bexley and across London are advertised on FIRST STEPS in partnership with Share to Buy. Register your details on the websites to search for properties and more information about eligibility and your options.

Homefocus provides information about affordable housing throughout the country. Homefocus magazine is available in five of the borough's libraries - Central, Crayford, Erith, Sidcup and Welling.

Shared Ownership

With shared ownership schemes, you buy a share of a property and pay rent on the remainder. Later, if your financial circumstances allow, further shares can be bought until finally you own the property outright.

London Help to Buy

The London Help to Buy scheme allows you to buy a new home in London with the help of a Government equity loan. The loan will be up to 40% of the cost of the property and is interest free for the first five years. You will need a minimum 5% deposit and a 55% mortgage to make up the rest. Further details can be found at First Steps and Help to Buy.

Own your home

A new website Own your home has been launched to allow prospective homeowners to find out what government home ownership schemes would be suitable for them.

The Quarry, Erith

L&Q are developing a number of two and three bedroom houses for shared ownership at The Quarry in Erith.

Erith Park, Erith

Orbit South Housing Association are developing a substantial number of one and two bedroom apartments at Erith Park for shared ownership.

Queen Mary's Village

Hyde Housing Association have a number of two and three bedroom homes available through shared ownership and three bedroom homes available through intermediate market rent (IMR) in the grounds of Queen Mary's Hospital in Sidcup. Priority will be given to NHS staff, key workers and those who live or work in the London Borough of Bexley.