Shared Ownership Properties For Sale in Hornchurch, Romford 🏡

Are you a first time buyer looking to Hornchurch get on the property ladder but struggling with sky high prices? Have you considered shared ownership? Hornchurch Shared ownership works like this you purchase an initial share of, say, 25% of the property value and pay rent on the remaining share that you don't own. Over time, you can staircase essentially buy more shares until you own 100%. It makes the initial outlay much more affordable. Right now there are some fantastic shared ownership developments popping up across Romford. One that caught my eye is a new project just outside of Hornchurch. They're building spacious two and three bedroom houses with open plan kitchen living areas and sizeable gardens. Prices start from just value for a 25% share, which means the monthly payments will be very reasonable.  Another great option is a conversion of an old mill building in the Romford. They're creating one and two bed apartments as well as larger townhouses. With scenic countryside and walks right on your doorstep, it's perfect for outdoor lovers looking to escape to a quieter life. Hornchurch Shared ownership here allows you to secure a prime property for much less. where you are in Romford, shared ownership can really expand your options. Just be sure to do your research on the scheme rules before committing. A good broker can also advise you on the different schemes available locally. With a bit of savy, homeownership could be within reach sooner than you think.