Newlon Living offers high specification homes for Shared Ownership and private sale at excellent locations across north and east London.
Shared Ownership is a part-buy, part-rent scheme, which enables purchasers to buy an initial share of the value of the property and pay a subsidised rent on the remainder. However, you will need to meet certain criteria to qualify. You can find out more on our Shared Ownership page.
Our private sale homes have no specific qualifying criteria, although you will need to undertake a financial assessment before we will offer you a property.
You must attend a launch event if you are considering buying a property. At the event you will have the opportunity to speak to an independent financial adviser. There will also be solicitors on hand to answer any questions about the conveyancing process.
Many of our new schemes are sold off plan. When buying off plan, you will be provided with the following information:
- A marketing brochure
- Floor plans
- Price list
- Service charge information with full breakdown
You will be provided with estimated dates for when the development will be completed. However, there is a possibility that the completion date could be delayed due to issues outside our control. It is important that you are aware of this and build this into your plans. For example, if you are in private rented accommodation do not hand your notice in until you have a confirmed completion date. In addition advise your mortgage lender of any changes. Unlike buying an existing property you may not be able to see it until you have committed yourself to paying for it, so this approach may not be for everyone.
Whichever option you choose, to help you we have an experienced sales team to guide you through every stage of the buying process and answer any questions you may have. Go to our contact us page to see how you can get in touch with them.