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Shared ownership scheme opens in Wembley

PUBLISHED: 10:42 18 January 2017 | UPDATED: 10:50 18 January 2017

Wembley Gate scheme is offering shared ownership homes to Brent residents

Wembley Gate scheme is offering shared ownership homes to Brent residents

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A shared ownership scheme which helps Brent residents get on the housing ladder has been launched in Wembley.

Prices of the apartments

One bedroom apartments start from £91,250 for a 25 per cent share (Full market value £365,000)

Two bedroom apartments start from £124,375 for a 25 per cent share (Full market value £497,500)

Three bedroom apartments start from £129,375 for a 25 per cent share (Full market value £517,500)

A new development of one, two and three bedroom homes off Olympic Way, called Wembley Gate is being made by available by Metropolitan Housing.

A minimum share of 25 per cent is available and rent is payable on the unsold share and also a service charge.

To qualify, you must have a deposit of 10 per cent of the purchase price (between £9,000 and £14,000) with priority being given to people who live or work in the borough and are registered on Brent Council’s choice- based lettings system, Locata.

For more information email mhosales@metropolitan.org.uk or call 0203 535 2555.

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