Home ownership options
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 Homes for Londoners. Register your details on the website to search for properties and get information about eligibility and your options.
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. Further details can be found at Share to Buy.
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 Homes for Londoners 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.
Affordable housing developments in Bexley
Shanly Homes have launched 6 one and two bedroom Shared Ownership apartments set within a prominent development in Sidcup. The properties feature contemporary interiors, with stylish kitchens, integrated appliances and open-plan living. The perfect opportunity for first-time buyers.
Coming soon to Welling, Lovel Avenue is L&Q's boutique collection of three 2 & 3 bedroom Shared Ownership homes. The properties will offer a modern specification throughout with well-designed living areas, two parking spaces to each home and private outdoor space.
L&Q are developing a collection of 1, 2 and 3 bedroom apartments located at the heart of Bexleyheath. Perfect for first-time buyers and families.
In the heart of Thamesmead, Peabody's new Southmere Village development will include a selection of apartments and 3 and 4 bedroom townhouses that will be available through Shared Ownership. This well-connected new development will be in close proximity to the new Crossrail station at Abbey Wood.
Moat have released a collection of one and two-bedroom apartments for shared ownership located at Old Farm Place in Sidcup. A great opportunity for first-time buyers.
As part of the wider Erith Regeneration, Orbit present Park East. A stunning new development of one and two-bedroom apartments available for shared ownership.
Orbit’s Elliston House development in West Street, are a brand new collection of London Living Rent 1, 2 and 3 bedroom apartments.
London Living Rent is a model of housing that provides below market rented homes for households on average incomes enabling them to save a deposit to buy their own home in the future. You may qualify if you have a household income of £26,000 for a one bedroom flat, £36,000 for two bedrooms or £40,000 for three bedrooms.
Email LondonLiving@orbit.org.uk for more information.
L&Q are developing a new series of 2, 3, 4 bedroom houses and 2 bedroom flats in Crayford, all available for Shared Ownership. Set to launch in late 2021 – this new development has parking available to all homes. The houses all come complete with private gardens, whilst the flats include their own private terraces/balconies.