Croydon shared ownership
Welcome to our shared ownership collection in Croydon. Our homes are perfect for first-time buyers looking for a short commute into Central London.
A home of your own in Croydon
Regeneration in Croydon and looking ahead
There are exciting times ahead for the area with Westfield recently announcing plans to drive forward the regeneration of Croydon with a new master plan for the town centre and Westfield Shopping Centre to be progressed. Latimer’s newly built homes at Crescent Gardens and Highcross offer the perfect place to put down roots in a home of your own and enjoy all that this location has to offer.
Explore delicious cuisine
Nearby you’ll find the popular shopping and dining destination, BOXPARK. Discover almost every cuisine imaginable all under one roof, from a Meatliquor burger to a vegan roast, a Calypso Caribbean or Taiwanese Bao Buns.
Never a dull moment
You’ll find entertainment on your doorstep, with The Fairfield Halls live venue nearby. This famous building is an entertainment centre featuring a theatre, concert hall, and studios. It hosts everyone and everything from symphony orchestras to pop stars, pantomimes to Shakespeare productions.
Indulge in retail therapy
A range of well-known shops offer a great choice of fashion, tech, jewellery, health and beauty. The Centrale & Whitgift Centre is one of the most popular shopping destinations across the whole of South London, and it’s on your doorstep
What is shared ownership?
Shared ownership is a government-funded scheme that's an excellent way for people to take their first step onto the property ladder.
You buy a share of the property’s value (usually between 25-75%) and pay a subsidised rent on the remaining share. A key advantage is that you have a security of tenure on the share you pay rent for. This is something that renting on the open market cannot offer. Over time, you can buy more of the property until you own 100%.
You'll also need a smaller deposit for shared ownership than you would if buying on the open market. Generally it's a minimum of 5% of the value of the share you're buying, subject to conditions. You’ll need to raise a mortgage on the rest of the sum required.
