Put down roots with Shared Ownership

Shared Ownership gives you the opportunity to get your foot on the property ladder in London. What’s more, when you buy an L&Q Shared Ownership property you’re surrounded by other homeowners that are just as invested in the local area as you are. Owning your own place lets you settle down and feel a part of your community, secure in the knowledge that your home is your own.

A place to call your own

Making your house a home

When you buy your home, you have the freedom to make it your own personal space. Interior Designer Kitty McKibbin has some tips and practical advice to help decorate your home and put your own stamp on it.

Decorating Tips

1. Create the right atmosphere

Start by asking yourself – how do I want my new home to feel? Relaxed? Elegant? Or perhaps something more fresh and fun. This helps you choose the overall mood that you want to achieve.

2. Pick your lighting design

Lighting is the ultimate mood creator; it energises and brings warmth into your home. Using a number of different light sources with varying luminosity can transform your space. Try putting an uplight behind a plant to create a sculptural effect.

3. Think about texture

Kitty recommends thinking about using a variety of textures such as wool, silk and hessian. This will help bring your space to life.

4. Future-proof your design

Having a neutral base for your walls and large pieces of furniture makes your interior design more versatile. It helps future proof your design, and also means it’s easier to change the feel of your home at a later date.

5. Styling & accessorising

Owning your own home means you can choose the pieces that mean most to you. In the video, Kitty suggests some simple styling tips to create a feeling of depth to your room. It’s all about making a space that’s meaningful to you.

Helen bought a Shared Ownership flat with L&Q at Trafalgar Place, Elephant and Castle

“Owning a property has changed my life. Just having something that’s your own, buying your own pieces of furniture and making it feel like it’s your home is something that you just can’t really put a price on.”

Are you eligible?

Shared Ownership isn’t just for key workers. And it’s not just for families.

Shared Ownership is for anyone who doesn’t currently own a home. If you want to get on the property ladder, but can’t afford to buy outright on the open market, then Shared Ownership could be for you.

It doesn’t matter what your job is, but your income must be less than £90,000 within London and £80,000 outside of London.

From April 2016 previous rules around priority eligibility and borough restrictions have been changed. You’re no longer required to live or work in the area where you intend to buy, however there may be some exceptions to these rules where historic agreements have been made with local authorities about certain developments. You can find out who’s eligible to live in each development by checking the property listing. We will post the eligibility criteria for our properties as soon as we can, but sometimes this is unavailable until closer to the sales launch.

Priority will still be given to members of the military.

What next?

Start your home buying journey by registering for Shared Ownership.

To find out more, take a look at our step-by-step guide to Shared Ownership.