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NHG Homes offers shared ownership apartments across London

Housing association is offering incentives worth up to £6,875 for buyers who reserve a property before September 1, 2025 at its schemes in the capital

NHG Homes is currently offering incentives on shared ownership apartments - image by NHG Homes
NHG Homes is currently offering incentives on shared ownership apartments – image by NHG Homes

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NHG Homes has unveiled a package of offers aimed at tempting prospective buyers to reserve a home over the summer.

Available on selected one and two-bedroom shared ownership apartments across its London portfolio, those agreeing to purchase a property before September 1, 2025, could receive incentives worth up to £6,875 from the housing association to help them get on the ladder.

“NHG Homes wants to offer more choice to London homebuyers, which is why we are offering incentives to help you move into homes all across the capital,” said Diana Alam, director of sales and marketing at NHG Homes. 

“Whether you prioritise riverside living or city views, an easy commute or close proximity to nature, we have homes suited to a range of budgets in perfect London locations. 

“With an extra £6,875 to spend you could be making your move this year – that could be by topping up your existing deposit to help get you mortgage-ready, covering your living costs for a few months while you settle in, opting for vouchers towards furnishing your new home or even taking your dream summer holiday – we can help you get the best value for you.”

The offer is subject to lender approval and terms and conditions naturally apply.

Any incentive is payable up to 28 days after completion on the property and eligibility and affordability criteria also apply.

Options available to buyers include travel vouchers, Ikea vouchers, a contribution towards a deposit, a discount on the property or assistance with a buyer’s first few months of living costs.

To help spark readers’ imaginations, we’re showcasing London apartments available to buy on a shared ownership basis with NHG Homes below:

Kidbrooke Square - image by NHG Homes
Kidbrooke Square – image by NHG Homes

Kidbrooke Square – SE3


£91,875 for a 25% share of a one-bed

>> Just seconds from Kidbrooke Station, NHG Homes’ collection of one and two-bedroom apartments at this development benefit from a concierge service, a residents’ gym and on-site retail units.

In addition to landscaped communal gardens, Cator Park and Sutcliffe Park are close by and the attractions of Blackheath and Greenwich are within easy reach. 

The proximity of the railway station also makes for rapid connections for London Bridge, Charing Cross, Victoria and Lewisham (for onward journeys to Canary Wharf).

The apartments feature private balconies or winter gardens, USB ports in every room, integrated A+ Zanussi kitchen appliances and Corian worktops as well as wood-effect flooring in halls, living areas and kitchens. Bedrooms boast built-in wardrobes with sliding mirrored doors. 

key details: NHG Homes at Kidbrooke Square

Prices at Kidbrooke Square start at £91,875 for a 25% share of a one-bedroom apartment, based on a full market value of £367,500.

Find out more here


The View At Aspect Croydon - image by NHG Homes
The View At Aspect Croydon – image by NHG Homes

The View At Aspect Croydon – CR0


£88,125 for a 25% share of a one-bed

>> This development offers a collection of 92 one, two and three-bedroom apartments, each featuring open-plan layouts, sleek modern kitchens, floor-to-ceiling windows and private winter gardens with views over London’s skyline. 

The Wellesley Road scheme is located a five-minute walk from East Croydon station, connecting residents with central London and Gatwick Airport via mainline rail services. 

Local amenities include the Centrale And Whitgift shopping centre, home to high street retailers, independent shops, street food outlets and boutiques.

key details: NHG Homes at The View At Aspect Croydon

Prices at The View At Aspect Croydon start at £88,125 for a 25% share of a one-bedroom apartment, based on a full market value of £352,500.

Find out more here

Lampton Parkside - image by NHG Homes
Lampton Parkside – image by NHG Homes

Lampton Parkside – TW3


£83,125 for a 25% share of a one-bed

>> Delivered in partnership with developer The Hill Group, this scheme is located close to Hounslow Tube station on the Piccadilly line. Journeys into central London take approximately half an hour.

The development offers a range of shared ownership apartments located beside Lampton Park in west London.

The properties feature built-in storage, underfloor heating and private outdoor spaces in the form of either balconies or terraces. 

Residents benefit from a concierge service and a series of communal outdoor spaces connected by wildflower walkways.

In addition to the open spaces at the development, the apartments are within easy walking distance of the amenities offered by Lampton Park itself including tennis courts, an adventure playground and plenty of green open space.

key details: NHG Homes at Lampton Parkside

Prices at Lampton Parkside start at £83,125 for a 25% share of a one-bedroom apartment, based on a full market value of £332,500.

Find out more here

Royal Albert Wharf - image by NHG Homes
Royal Albert Wharf – image by NHG Homes

Royal Albert Wharf – E16


£82,500 for a 25% share of a one-bed

>> There are only a few homes still available at this development which sits on land between the River Thames and the eastern end of Royal Albert Dock. 

Residents can expect a concierge service, a communal lounge and podium gardens as well as local amenities such as restaurants, cafés and open spaces.

The scheme is also close to Gallions Reach Shopping Park.

Properties available feature open-plan design, fully fitted kitchens with integrated appliances and rainfall showers in the bathrooms.

Every apartment also boasts a private balcony.

This 15-year regeneration project is located 10 minutes’ walk from Gallions Reach DLR station, which offers connections to Canary Wharf in 15 minutes via Poplar and Bank for the City in about 25 minutes.

key details: NHG Homes at Royal Albert Wharf

Prices at Royal Albert Wharf start at £82,500 for a 25% share of a one-bedroom apartment, based on a full market value of £330,000.

Find out more here

The Perfume Factory - image by NHG Homes
The Perfume Factory – image by NHG Homes

The Perfume Factory – W3


£105,000 for a 25% share of a one-bed

>> Acton is all about connectivity and vibrancy with residents in this development benefiting both from North Acton Tube station on the Central line and Elizabeth Line services from Acton Main Line station offering direct links to Heathrow and, of course, Canary Wharf. 

The scheme is also within easy reach of the likes of Portobello Road, Ealing Broadway and Westfield London for shopping and a wealth of local amenities including restaurants, bars and cafes. 

Apartments at The Perfume Factory include interior design with a “contemporary Nordic feel” and boast underfloor heating, fitted kitchens with stone worktops and bathrooms with Roca sanitaryware.

Communal spaces at the development include a formal play area and cycle storage to help promote greener travel.

key details: NHG Homes at The Perfume Factory

Prices for the last available homes at The Perfume Factory start at £105,000 for a 25% share of a one-bed with a value of £420,000.

Find out more here

Heybourne Park - image by NHG Homes
Heybourne Park – image by NHG Homes

Heybourne Park – NW9


£88,125 for a 25% share of a one-bed

>> Offering a collection of one and two-bedroom shared ownership apartments – the latter with a starting price of £117,500 for a 25% share – this north-west London development is located within walking distance of Colindale Tube station with direct trains to Kings Cross.

The properties, which are part of a 15-year regeneration project offer access to plentiful open space including a new community plaza on-site as well as the amenities of Heybourne Park itself, Colindale Park and Montrose Playing Fields.

Residents moving in will find the scheme boasts an outdoor gym, a supermarket and a cafe as well as a library. Further afield, Colindale town centre, Mill Hill Broadway and Edgware Road are all within walking distance.

All apartments feature underfloor heating and private outdoor space plus access to a communal podium garden. 

key details: NHG Homes at Heybourne Park


Prices at Heybourne Park start at £88,125 for a 25% share of a one-bedroom apartment, based on a total market value of £352,500.

Find out more here

Gadwell Quarter - image by NHG Homes
Gadwell Quarter – image by NHG Homes

Gadwell Quarter – N4


£118,750 for a 25% share of a one-bed

>> A selection of one-bedroom shared ownership homes awaits at this north London scheme located between Manor House Tube station and Woodberry Down wetlands nature reserve. 

Short-listed for the First Time Buyer Readers’ Award 2024 for Best First Time Buyer Apartment, this development in Zone 2 on the Piccadilly line offers prospective owners the chance to get on the ladder in a vibrant, well-established neighbourhood.

Located in Hackney, close to the borough’s northern border with Haringey, the scheme benefits from its proximity to Finsbury Park and the Green Lanes area, both offering a wealth of leisure and hospitality options.

Only one-bedroom apartments now remain at this popular development with homes enjoying natural light through large windows and glazed balcony and terrace doors leading to private outdoor space. 

key details: NHG Homes at Gadwell Quarter


Prices at Gadwell Quarter start at £118,750 for a 25% share of a one-bedroom apartment, based on a full market value of £475,000.

Find out more here


There's just one apartment left at Wembley Place - image by NHG Homes
There’s just one apartment left at Wembley Place – image by NHG Homes

Wembley Place – HA9


£78,750 for a 25% share of a one-bed

>> Offering direct connections from Wembley Park station to Canary Wharf via the Jubilee line, one of myriad benefits for residents moving into this development is its connectivity.

The scheme is within easy walking distance of stations connected to national rail services, the Metropolitan line, the Bakerloo line and London Overground trains.

Located a few minutes from Wembley Stadium, the development has only a single one-bedroom apartment remaining for sale via shared ownership.

Set on the third floor, the property features open-plan design and boasts a private balcony. 

With a bustling urban environment all around, residents are able to escape to the relative tranquillity of nearby Union Park and the Welsh Harp (Brent Reservoir) for access to grassland and activities on the water.  

key details: NHG Homes at Wembley Place


The price for the final home is £78,750 for a 25% share of a one-bedroom apartment, based on a full market value of £315,000.

Find out more here

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Stories Wharf to launch shared ownership homes in Royal Docks

Hyde New Homes is set to unveil apartments at the North Woolwich scheme in August 2025 with prices starting at £144,000 for 40%

A show home interior at Stories Wharf - image by Hyde New Homes
A show home interior at Stories Wharf – image by Hyde New Homes

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Price is a key consideration for buyers.

It often determines what properties people look at and also where those homes are.

That can mean compromising – moving to a less desirable area or sacrificing a few things on the wish list.   

Smart buyers in London, however, will always be on the lookout for places to invest in terms of what’s coming locally in the future and, crucially, what the transport is like.

The capital’s rail and road links are its lifeblood, delivering prospects of prosperity and growth that translate into property value. 

Hyde New Homes is set to unveil a collection of shared ownership apartments at Stories Wharf in North Woolwich on August 15, 2025.


An artist's impression of Stories Wharf in Royal Docks - image by Hyde New Homes
An artist’s impression of Stories Wharf in Royal Docks – image by Hyde New Homes

lower prices further east

Those familiar with east and south-east London will know prices drop dramatically in line with distance from Canary Wharf, making Royal Docks fertile territory for those seeking newly built properties.

For contrast, Rightmove says the average price of a flat sold in the Canary Wharf area over the last 12 months was £606,072.

In E16 that figure drops to £477,805 – £128,267 less. 

While E14 has enjoyed more than 30 years of progressive regeneration, Royal Docks is earlier on in its journey, but that means buyers have a chance to get in early.

The area has already undergone significant change with developments such as Britannia Village, Royal Wharf and Riverscape transforming large swathes of land. 

Lendlease and The Crown Estate have more in the pipeline with their Silvertown scheme and, alongside the likes of Royal Albert Wharf, attention is now turning to other parts of the area. Billions will be spent and much is set to come.

A range of shared ownership homes will go on sale from August 15 - image by Hyde New Homes
A range of shared ownership homes will go on sale from August 15 – image by Hyde New Homes

homes at Stories Wharf

This is crucial information for those considering a property at Stories Wharf, which will benefit from this influx of new residents, facilities and businesses in the years to come.

The development is located about 10 minutes’ walk from King George V DLR station.

This offers direct connections to Bank in about 25 minutes and Poplar station for Canary Wharf in around 15.

However what was once the penultimate stop on a line that simply dipped under the Thames has gained greater significance since the arrival of Crossrail.

Stories Wharf is located just one stop and a short walk from the Elizabeth Line, meaning it benefits significantly from rapid services through Canary Wharf and into central London including the likes of Liverpool Street, Bond Street and Soho.

Residents can also easily access south-east London via the Woolwich Ferry, almost on the development’s doorstep.

 Then there’s the accommodation itself. Stories Wharf offers one, two and three-bedroom apartments as well as triplexes.

Located on the corner of Store Road and Pier Road, the properties feature private balconies, terraces or patios, some with river views.

The scheme also includes a landscaped podium garden and roof terraces overlooking the river to the south as well as communal solar panels to boost the homes’ energy efficiency.

Apartments at Stories Wharf feature private balconies - image by Hyde New Homes
Apartments at Stories Wharf feature private balconies – image by Hyde New Homes

a fast-evolving neighbourhood

“Stories Wharf delivers on every level – quality, affordability, connectivity, energy efficiency – but what truly sets it apart is its location at the heart of the Royal Docks regeneration area,” said Minnie Dando, head of marketing and communications at Hyde New Homes.

“This vibrant and fast-evolving neighbourhood is transforming into one of London’s most exciting destinations to live and work, making these homes an exceptional opportunity for buyers looking to invest in the future of East London. 

“Hyde has for years been trusted as the developer of choice for those seeking high-quality homes that challenge local price expectations. 

“Our apartments at Stories Wharf give this commitment new life in this impressive new destination in the capital.”

Royal Docks’ regeneration is well underway with residents already able to benefit from a wide selection of hospitality venues in the area.

These include the likes of Cafe Spice Namaste by celebrated chef Cyrus Todiwala and his wife Pervin, The Well Bean Coffee Co, The Windjammer pub and Little Hudson Cafe in Royal Wharf.

The wider area also features City Hall, the IFS Cloud Cable Car, Excel and London City Airport, connecting Docklands to the wider world.

key details: Stories Wharf

Shared ownership properties at Stories Wharf start £144,000 for a 40% share of a one-bed, based on a full market value of £360,000. 

All properties come with an NHBC warranty and a 999-year lease.

Secure undercroft parking is available for selected apartments. 

Find out more about the properties here

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Kidbrooke Village celebrates affordable homes milestone

Berkeley Capital and L&Q have delivered 645 affordable apartments as part of their regeneration of the Ferrier Estate in south-east London


The Kidbrooke Village project will see 5,400 homes built on the site of the Ferrier Estate in south-east London - image by L&Q
The Kidbrooke Village project will see 5,400 homes built on the site of the Ferrier Estate in south-east London – image by L&Q

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When the tools finally go back in the van, Berkeley Capital will have delivered around 5,400 new homes on the site of the Ferrier Estate in south-east London.

Spread over 86 acres, the project is one of the larger regeneration schemes in this part of London, kicking off in 2010.

It includes Cator Park (recognised with the Sir David Attenborough award for enhancing biodiversity), two schools, a nursery, a health centre and a range of commercial spaces that have attracted the likes of Sainsbury’s, YoHome and Starbucks. It even has its own pub in the shape of The Depot on Pegler Square.

Since work began, Berkeley has delivered some 1,400 affordable homes as part of the development including 645 built in partnership with the Royal Borough Of Greenwich and housing association L&Q.

Recently council leader Cllr Anthony Okereke joined representatives from the developers and local residents to mark this milestone and officially open the latest apartments.

The properties are split between London living rent, London affordable rent and shared ownership to cater for a range of needs.

Cllr Anthony Okereke celebrates the completion of 645 affordable homes with L&Q and Berkeley at Kidbrooke Village - image by Berkeley Capital / L&Q
Cllr Anthony Okereke celebrates the completion of 645 affordable homes with L&Q and Berkeley at Kidbrooke Village – image by Berkeley Capital / L&Q

marking delivery at Kidbrooke Village

“We’re hugely proud to complete our 645th affordable home and it’s fantastic to see more households settle in,” said Justin Tibaldi, managing director of Berkeley Capital.

“Kidbrooke Village is a compelling example of successful long-term urban regeneration and has made a hugely positive difference to this part of Greenwich. 

“Partnership working has been key to that success and shows what can be achieved through a shared vision and commitment to delivery.”

Neil Davis, development delivery director at L&Q, said: “At L&Q our mission is to combine our social purpose and commercial drive to build homes and neighbourhoods everyone can be proud of and we are very proud of what this partnership has created at Kidbrooke Village.

“While this event celebrated the completion of the 645th affordable home in this superb community and almost six years of working in partnership locally, as a housing association, we will be managing these homes for decades to come. 

“So we look forward to watching the community grow even further and we will continue to provide support and exemplar services for residents.”

One and two-bed shared ownership homes are currently available - image by Berkeley Capital / L&Q
One and two-bed shared ownership homes are currently available – image by Berkeley Capital / L&Q

shared ownership options

Currently one and two-bedroom properties are available through L&Q at Kidbrooke with three-beds expected to be released soon.

Apartments feature open-plan design and full height glazing to allow plenty of natural light in.

Locally there’s an extensive children’s playground by APES (which built the award-winning facilities at the Queen Elizabeth Olympic Park) and a concierge service for residents.

The development is also well connected, with an on-site rail link connecting directly to the likes of Lewisham, London Bridge, Waterloo East and Victoria. Canary Wharf is about 25 minutes away with a change onto the DLR.

Cyclists can reach the likes of Lewisham and Greenwich in 16 minutes and 21 minutes respectively.

A show home interior at Kidbrooke Village - image by Berkeley Capital / L&Q
A show home interior at Kidbrooke Village – image by Berkeley Capital / L&Q

key details: Kidbrooke Village

Shared ownership homes are currently available at Kidbrooke Village through L&Q.

Prices start at £93,750 for a 25% share of a one-bed based on a full market value of £375,000.

Find out more about the properties here

Properties come with outdoor space - image by Berkeley Capital / L&Q
Properties come with outdoor space – image by Berkeley Capital / L&Q

Read more: Boisdale Of Canary Wharf launches Tropical Garden Terrace as the venue celebrates 15 years serving east London

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East River Wharf offers buyers £5,000 incentive on apartments

Legal And General Affordable Homes prepares for open-day to showcase shared ownership properties

East River Wharf is part of the Riverscape development at Royal Docks - image by Legal And General Affordable Homes
East River Wharf is part of the Riverscape development at Royal Docks – image by Legal And General Affordable Homes

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what’s the news?

Legal And General Affordable Homes is set to host an open day for its shared ownership properties at East River Wharf.

when’s it happening?

The housing provider has scheduled the event for May 10, 2025, in the Sky Lounge at the development, which is part of Riverscape, a scheme on the banks of the Thames in Royal Docks.

what’s new? 

Legal And General is currently offering a £5,000 contribution towards buyers’ costs when purchasing a new home.

The idea is to lessen the burden of purchasing a property, be that stamp duty, moving costs or legal fees.

how does it work? 

The £5,000 is deducted from the overall cost of the property on completion with the purchaser responsible for assigning the cash appropriately.

To be eligible, buyers must reserve their shared ownership home before midnight on June 30 this year.

East River Wharf homes all feature private balconies - image by Legal And General Affordable Homes
East River Wharf homes all feature private balconies – image by Legal And General Affordable Homes

more about East River Wharf

tell me about East River Wharf

Located close to Lyle Park, the scheme offers one, two and three-bedroom apartments within easy walking distance of Silvertown and Pontoon Dock DLR stations.

They also benefit from Royal Wharf Pier, which is served by the Uber Boat By Thames Clippers river bus service.

what are the properties like?

The shared ownership apartments feature open-plan living spaces, fully fitted kitchens with integrated Siemens appliances, private balconies and an NHBC 10-year build warranty.

and the residents’ facilities?

Those moving into East River Wharf will get access to a residents’ gym, pool and spa as well as Riverscape’s Sky Lounge.

There’s also a 24-hour concierge service and estate security. 

what’s the area like?

East River Wharf’s blocks are located close to Lyle Park on the western edge of the Royal Wharf area.

Locally, many businesses are now established including a riverside pub, cafés, restaurants, a convenience store and a nail salon.

The scheme is also close to publicly accessible tennis courts and Thames Barrier Park, which boasts extensive landscaping and open space along the river.

Apartments come with integrated appliances - image by Legal And General Affordable Homes
Apartments come with integrated appliances – image by Legal And General Affordable Homes

a regenerated areas

and the location?

Royal Wharf is undergoing vast swathes of regeneration and boasts strong transport links to other areas of London.

Canary Wharf is around 15 minutes away, with direct links to the likes of London City Airport, Woolwich and Bank also available.

why shared ownership?

The scheme allows buyers to access housing with a much lower deposit than when purchasing a home on the open market.

This typically results in monthly outgoings that are cheaper than renting a home in the same area.

Housing providers sell a share of a home – often 25% – with buyers taking out a mortgage on just that portion of the property.

That means they may pay as little as 5% of that value as a deposit.

They then pay a capped below-market rent on the rest plus the full service charge and can live in the property essentially as though they own it.

getting more

Owners can choose to increase their share in a property via a process called staircasing right up to 100%. As their level of ownership rises, the rent they pay falls.

how much is East River Wharf?

Prices at the development start at £96,875 for a 25% share of a one-bed based on a full market value of £387,500.

Two-beds and Three-beds are also available.

The view from the Sky Lounge - image by Legal And General Affordable Homes
The view from the Sky Lounge – image by Legal And General Affordable Homes

key details: East River Wharf

Legal And General Affordable Homes Open Day at East River Wharf is set to take place on May 10, 2025, from 10am-4pm in the Sky Lounge, offering tours of available apartments.

Those wishing to attend should register via the company’s website.

Read more: How Orbit Clipper is set to become the first all-electric ferry on the Thames

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Poplar Riverside delivers shared ownership homes by the Lea

Housing association Poplar HARCA is marketing a collection of 96 affordable apartments at the east London development by Berkeley Homes

Poplar Riverside is located within walking distance of Canary Wharf – image by Simon Taylor / simontaylorphoto.com

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Housing association Poplar HARCA is currently marketing a selection of 96 shared ownership properties on the west bank of the River Lea in east London.

The apartments form part of the wider Poplar Riverside development, which is currently under construction by Berkeley Homes and will eventually see 2,800 residences built on the site of a former gasworks.

Plans for the 20-acre site include a new one-hectare park with green spaces, play areas and extensive landscaping, commercial space for businesses and amenities, a freshly cleared riverside walk and a secondary school.

Poplar HARCA’s collection of one and two-bedroom apartments are spread across three buildings at the development. 

Prospective buyers can expect open-plan living areas, fully fitted kitchens with Bosch appliances, rainfall showers in the bathrooms, underfloor heating, fitted window coverings and private outdoor spaces.

The apartments feature open-plan design - image by Simon Taylor / simontaylorphoto.com
The apartments feature open-plan design – image by Simon Taylor / simontaylorphoto.com

facilities at Poplar Riverside

But Poplar Riverside offers buyers more besides what’s in their own property.

Residents will enjoy access to The Riverside Club, with planned facilities including a 20m swimming pool, jacuzzi and spa, a lounge area, co-working spaces, a games room and a private cinema. 

“There are many reasons why buyers should consider looking to secure an apartment at east London’s Poplar Riverside,” said Helen Mason, head of sales and marketing at Poplar HARCA.

“The developer, Berkeley Homes Group, is an award-winning company with 40 years of experience and a proven history of delivering exceptional places for people to live, work and enjoy, with sustainability in mind.   

“Poplar HARCA is an award-winning Housing Association in east London, helping to create a place where people, communities and business grow and thrive. 

“Our sales team takes pride in making shared ownership simple and straight forward with our staff on hand throughout your journey to make it stress-free. 

“Being a shared owner is one of the most flexible ways on the market to make your home your own.”

Location is of key importance to buyers and Poplar Riverside’s situation places it at the heart of widespread local regeneration. 

It’s well located for East India DLR station as well as the Jubilee Line, DLR and bus services at Canning Town. 

Canary Wharf is less than 30 minutes’ walk or a 10-minute bike ride.

Just across the Lea, ecological regeneration project Cody Dock is working to understand and boost local wildlife. 

There are plans for three bridges in the area to increase connection across the water and shorten travel times to public transport stops.

Prices for shared ownership properties start at £105,000 for a 25% share of a one-bed based on a full market value of £420,000.

Two-beds start at £117,500 based on a full value of £470,000. 

Assuming buyers purchase with a 95% mortgage that could mean 5% deposits on those properties of £5,250 and £5,875 respectively. 

Poplar HARCA is offering one and two-bedroom properties at Poplar Riverside - image by Simon Taylor / simontaylorphoto.com
Poplar HARCA is offering one and two-bedroom properties at Poplar Riverside – image by Simon Taylor / simontaylorphoto.com

key details: Poplar Riverside

Poplar HARCA has two show flats for prospective buyers to view in two blocks at Poplar Riverside. For more information or to register your interest, email

sales.enquiries@poplarharca.co.uk or call 020 7538 6460.

Find out more about the homes here

Read more: SO Resi’s Kevin Sims on the advantages of shared ownership

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Royal Albert Wharf offers shared ownership homes in east London

Royal Docks development by NHG Homes provides apartments in an established neighbourhood in E16

Royal Albert Wharf is located on the Thames in east London - image by Uliana Slovova
Royal Albert Wharf is located on the Thames in east London – image by Uliana Slovova

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Royal Albert Wharf, sat proudly on the Thames at the eastern end of the Royal Docks, offers prospective buyers a multitude of options.

Part of a 15-year regeneration project that has seen 1,500 residential properties built in the area, NHG Homes’ scheme is an established community, connected to the capital thanks to its proximity to Gallions Reach DLR.

For the housing association, which is marketing apartments for both private sale and shared ownership at the development, it’s all about flexibility.

“Royal Albert Wharf has come into its own in the past few years as a flourishing hub in the Royal Docks, which celebrates community, culture and the rich history of the area,” said Diana Alam, director of sales and marketing at NHG Homes.

“With homes available for sale and via shared ownership, buyers can explore this unique opportunity to own a home of their own in a way that suits their budget.

“We encourage those interested in buying to take advantage of our Stamp Duty incentive before April 1, 2025, and start their home ownership journey at this fantastic development today.”

take advantage of an offer

NHG Homes is currently offering to contribute up to £25,000 towards stamp duty costs on selected homes for private sale.

Buyers must reserve properties before the end of March, 2025, to qualify for the incentive. 

This option is suitable for buyers with larger deposits – £17,325 and up – who wish to avoid the rise in stamp duty that’s due to come in on April 1, 2025.

The development is located on the eastern edge of Royal Docks - image by Tidyworks
The development is located on the eastern edge of Royal Docks – image by Tidyworks

choosing to share

Buyers can also choose to purchase shared ownership properties at Royal Albert Wharf.

The minimum deposit required for an entry level property at the development would be £4,157 assuming they can secure a 95% mortgage on a 25% share in the apartment.

Buyers can then increase their stake in the property over time through staircasing until they own their home outright.

No stamp duty is payable under the scheme until their share reaches 80%, further increasing the affordability of this route. 

what’s on offer?

With the recent cut in interest rates, either route to home ownership will become less expensive as lenders reduce rates on their own deals.

Apartments at Royal Albert Wharf feature open-plan design and private balconies or terraces.

The wider development boasts a concierge service, a residents’ workspace and a lounge with an on-site car club and cycle storage also available.

Parking is also offered and comes as standard with three-bedroom homes.

Local amenities include a nursery, the Well Bean Co Cafe beside dock edge, a children’s play area, a convenience store and Cafe Spice Namaste – a restaurant by noted chef Cyrus Todiwala.

The DLR provides direct connections to the Elizabeth Line at Custom House and Canary Wharf. 

key details: Royal Albert Wharf

Shared ownership apartments at Royal Albert Wharf start at £83,125 for a 25% of a one-bed, based on a full market value of £332,500.

Homes for private sale start at £346,500 for a one-bed and £527,500 for a two-bed. Stamp duty incentives are available on selected homes.

Call 020 3504 3434 or visit NHG Homes’ website for full details.

Read more: SO Resi’s Kevin Sims on the advantages of shared ownership

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The Silverton offers shared ownership apartments through Aster

Royal Docks development near Pontoon Dock DLR in east London has affordable homes on sale

An artist's impression of The Silverton in Royal Docks - image by Aster Group
An artist’s impression of The Silverton in Royal Docks – image by Aster Group

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Regular readers of Wharf Life will already be familiar with Fairview New Homes’ development The Silverton in Royal Docks.

But aside from the private sale properties available, there is another way to buy an apartment at the project.

tell me more

Housing association Aster Group is marketing a selection of homes at The Silverton for purchase via shared ownership.

about the partner

Aster provides affordable housing across the south of England and in London.

Established in 1990 it has around £2.4billion of social housing assets, owning and maintaining some 37,000 properties.

The group reinvests profits from private sale and shared ownership to support the development of affordable homes, delivering hundreds to the market each year.

It currently has shared ownership homes on offer in 12 counties, with new and nearly new properties available.

what are they selling here?

A collection of shared ownership properties at The Silverton, ranging in size from one to three bedrooms.

Prices start at £88,750 for a 25% share of a one-bed, based on a full market value of £355,000.

For those able to secure a 95% mortgage, that could mean a deposit of £4,438 would be enough to make a purchase.

they say…

Amy Nettleton, Aster Group assistant development director sales and marketing, said: “We are thrilled to offer shared ownership homes at The Silverton, a prime location with fantastic commuter links. 

“This development provides an incredible opportunity for many who might have thought home buying in such a vibrant area was out of reach. 

“It’s exciting to see how shared ownership can open doors to the property ladder for so many.”

the area

The Silverton is within easy walking distance of Pontoon Dock DLR, offering direct connections to Woolwich, Canary Wharf and the City. 

Located to the south of the Royal Docks, the area is going through extensive regeneration at present.

Further schemes will be built along the Thames, adding to Royal Wharf and Riverscape, while a massive new residential development is underway at nearby Silvertown. 

Enhancing local connectivity, those plans include a new bridge across Royal Victoria Dock and upgrades to the DLR station to help cope with the expected influx of residents. 

Housing prices in the area are likely to rise over the coming years given this considerable investment and there are also benefits from being London’s only enterprise zone – a scheme designed to attract businesses to base themselves in E16.

Local amenities are plentiful and The Silverton is also within easy reach of the Woolwich Ferry, London City Airport and conference and exhibition centre, Excel London.

key details: shared ownership at The Silverton

Shared ownership properties at The Silverton are available through Aster Group with prices starting at £88,750 for a 25% share of a one-bed.

Call 01380 735 480 to register your interest or visit the group’s website.

Read more: SO Resi’s Kevin Sims on the advantages of shared ownership

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Square Roots Lewisham homes boast easy access to the Wharf

London Square’s affordable housing provider is delivering shared ownership homes within easy reach of E14, the City and beyond

Square Roots Lewisham shared ownership apartments are ready to move into - image by Matt Clayton / mattclaytonphotography.co.uk
Square Roots Lewisham shared ownership apartments are ready to move into – image by Matt Clayton / mattclaytonphotography.co.uk

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what’s this?

This is Square Roots Lewisham, a development in south-east London with a collection of 116 shared ownership properties available. 

lovely, what’s on offer?

There are one, two and three-bedroom apartments on sale as well as duplexes. The homes feature open-plan design, fully fitted kitchens and bathrooms plus private balconies or terraces as well as space for home working.

who built it?

The scheme has been delivered in partnership with affordable housing provider Square Roots’ parent company developer London Square, providing affordable housing to prospective buyers.

what else do buyers get?

The scheme’s shared ownership properties come with a 990-year lease and form part of a newly created riverside development that features landscaped gardens, play areas and a communal rooftop space.

The project also boasts space for retail business and offices. 

Cycle storage space has also been included, meaning residents who favour two wheeled transportation can easily take advantage of an extensive network of local cycle paths connecting the area to Greenwich, Blackheath and Deptford.

This image has an empty alt attribute; its file name is vb5166227_MClayton_2406-8-LSQ-LEW_030_3200x2134WEB.webp
Prices start at £102,500 for a 25% share of an apartment at the development - image by Matt Clayton / mattclaytonphotography.co.uk
Prices start at £102,500 for a 25% share of an apartment at the development – image by Matt Clayton / mattclaytonphotography.co.uk

buying in the right location

where is it? 

Square Roots Lewisham is located about seven minutes’ walk from Lewisham station, which offers direct links to Canary Wharf and the City via the DLR and national rail services respectively.

Set on the edge of the River Ravensbourne, residents will benefit from the wider regeneration of Lewisham, which has seen many homes and amenities arrive in the area in recent years.

and the quality of the scheme?

The Square Roots Lewisham scheme has won much positive recognition for its offering. 

To date, the development has collected an Evening Standard New Homes Award 2024 for Best Shared Ownership Home, the Gold Award for Best Starter Home at the WhatHouse? Awards 2024 and Best Large Development Of The Year at the First Time Buyer Readers’ Awards 2024.

can I see it?

Yes. Square Roots has show homes on-site for prospective buyers to explore, enabling interested parties to get a feel for the finishes and location of the apartments. 

Shared ownership buyers live in their properties with the same decorative rights as leaseholders, so buyers will also be free to make any non-structural changes to the interior that they wish.

what about costs? 

Let’s take a look at a two-bed. The full market value of a 660sq ft apartment of the apartment in question is £525,000, meaning shared ownership buyers could purchase a minimum share for £131,250.

Assuming the buyer is able to access a 95% mortgage, they’d need a deposit of £6,563, meaning loan repayments of around £775 per month over a 25-year term. 

Below market rent would be payable on the remaining 75% of the apartment of £902, plus service charge of £174 making a total expected monthly outlay of £1,851.

At the time of going to press, this compared favourably with the vast majority of two-bedroom homes listed for rent locally either being smaller, more expensive or considerably further from the area’s transport links. 

This image has an empty alt attribute; its file name is vb5166212_MClayton_2406-8-LSQ-LEW_037_3200x2134WEB.webp
The apartment are located close to Lewisham for DLR and national rail services - image by Matt Clayton / mattclaytonphotography.co.uk
The apartment are located close to Lewisham for DLR and national rail services – image by Matt Clayton / mattclaytonphotography.co.uk

key details: Square Roots Lewisham

Homes at Square Roots Lewisham are available now, with prices starting at £102,500 for a 25% share of a one-bedroom apartment based on a full market value of £410,000.

Those interested in a home with Square Roots can either register their details via the company’s website or call 0333 666 0102 for more details.

Read more: SO Resi’s Kevin Sims on the advantages of shared ownership

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SO Resi director Kevin Sims on the benefits of shared ownership

We talk lower deposits, security of tenure and staircasing with the man overseeing Metropolitan Thames Valley housing association’s operation

SO Resi director Kevin Sims - image by SO Resi
SO Resi director Kevin Sims – image by SO Resi

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“It’s about educating people on what the product is and what process they will go through when buying something with us,” said Kevin Sims, director of affordable homes provider SO Resi, part of Metropolitan Thames Valley (MTV) housing association. 

As we’re running a special feature on shared ownership in Wharf Life, we thought we’d turn to an expert in the field to offer readers some clarity on the scheme and whether it might work for them.

First, a few facts.

The way shared ownership works is relatively simple.

Buyers essentially enter into a partnership with an affordable housing supplier such as a housing association. 

They purchase typically between 25% and 75% of a property, paying rent at a capped level on the rest as well as any service charges due.

To be eligible, buyers in London must have a combined household income of less than £90,000 a year and not own another property.

But why go down this route at all? 

“A lot of people aspire to home ownership – we’d all like to live in a five-bedroom house in Kensington, but most of us can’t do that,” said Kevin who joined MTV six years ago and now looks after the organisation’s shared ownership buyers throughout their journey with SO Resi. 

“While 100% ownership might be the goal, some people will only be able to achieve 50% or 75% but owning a share in a property is still better than renting. 

“One of the most important things you get as a shared ownership buyer is what I call: ‘Security of tenure’.

“If you’re renting, you don’t own anything.

“Your landlord might wake up on any given morning and decide they want to sell up – you’re constantly at the mercy of a notice period and all the stress and worry that comes with an unexpected move.

“That’s not going to happen to a shared owner.

“There might be a situation where someone defaults very badly on their rent and mortgage, but as a housing association we’ll be there to step in and help so, unless someone’s got themselves into a real pickle, there will never be anybody saying they have to move out in a month’s time.

“That security is a really valuable part of the product.

“There’s also freedom of expression of course.

“Shared owners can decorate the property however they want – they’re more or less free to live in it like they own it outright.”

Homes at SO Resi Canning Town in east London have proved popular -SO Resi director Kevin Sims - image by SO Resi
Homes at SO Resi Canning Town in east London have proved popular -SO Resi director Kevin Sims – image by SO Resi

more affordable

It’s not just peace of mind, however.

Not only is the monthly cost of a shared ownership property in east London typically cheaper than monthly rent on a comparable home, the bar to getting on the ladder is significantly lower too.

“Saving a 10% deposit for a £400,000 one-bed apartment would mean putting aside £40,000 before you consider the other conveyancing and moving costs and that’s unmanageable for a lot of people,” said Kevin.

“The only way many can manage to raise a 10% deposit would be to move out of London and that just isn’t possible for some.

“But if you bought a 25% share in that property with a 10% deposit, you’d only need to save £10,000. That’s still a lot, but it’s considerably easier than buying outright. 

“There’s also recently been an increase in the number of 95% mortgages available and having to only find £5,000 makes a very, very big difference. 

“That allows a whole load of people who can’t buy into the housing market any other way to do so.

“That means they have an asset and, while people would aspire to own 100% of a property, I’d certainly rather have 25% than nothing at all.

“In long term, the value of that asset will grow – nobody’s going to lose out on buying at any one of our London developments whether that’s at Canning Town, Nine Elms or Wembley.

“Of course there are places on the outskirts of the capital but they’re no substitute for London life, which is why people find it so attractive. 

“Consequently shared ownership is a big draw for lots of people, especially those who are renting at high rates in the city.”

staircasing with SO Resi

The journey doesn’t end with the purchase of the first share, however, with buyers able to increase their stake in a property, paying less rent as their level of ownership increases. 

“The process is called ‘staircasing’ and there are lots of ways that shared owners can do that,” said Kevin.

“For many years, for example, we’ve offered shared owners the option to increase their stake in a property by 1% every 12 months.

“Unlike some other housing associations, MTV under that SO Resi umbrella actively encourages staircasing and we have a big team to facilitate it. 

“At present, about 8% of our shared ownership buyers own all of their home so for some it’s an aim rather than a destination.

“If somebody then wants to move out, that’s not a problem either.

“We are very proactive if someone wants to sell their share and it’s now a straightforward process to either market it through us or via an estate agency.”

SO Resi Canning Town apartments feature open-plan design - image by SO Resi
SO Resi Canning Town apartments feature open-plan design – image by SO Resi

key details: SO Resi Canning Town

There are still some shared ownership properties left to purchase at SO Resi Canning Town in east London.

Prices start at £98,750 for a 25% share in a one-bed with estimated monthly outgoings of £1,371.

The apartments are located within easy walking distance of Canning Town station for access to the DLR and Jubilee line, offering direct connections to Canary Wharf, the City, London City Airport, Excel and Stratford. 

Kevin said: “There’s a whole raft of reasons why your London professionals will see Canning Town as a very attractive proposition – it’s got lots of appeal to lots of different kinds of people.

“It’s been really successful as a scheme for us and you can see why buyers want to live there.”

Find out more about the development here

Read more: How 8 Harbord Square is set to welcome independent businesses

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SO Resi Canning Town homes still available at east London hub

With 17 apartments remaining, buyers have the chance to purchase shared ownership homes

SO Resi Canning Town is located in a bustling east London neighbourhood
SO Resi Canning Town is located in a bustling east London neighbourhood

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There are 17 chances left to get on the property ladder at SO Resi Canning Town.

Well over half of the shared ownership properties at the east London scheme – a collection of 37 one, two and three-bedroom homes located at the Manor Road Quarter development – have already sold.

But there’s still time to pick up a share and, with mortgage costs likely to fall if the Bank Of England cuts the base rate, the apartments are looking ever more affordable.

 “SO Resi Canning Town offers a real opportunity to purchase a Zone Two apartment in 2025” said Kevin Sims, director of SO Resi, the shared ownership brand of Metropolitan Thames Valley Housing, the fifth largest housing association in the UK.

“Proposed plans from Newham Council mean the new town centre is set to be home to a new community hub, cinema, shops, office spaces, as well as brand new shared ownership homes. 

“By choosing from our final 17 properties, prospective homeowners are set to gain a foothold in London’s property market alongside becoming a part of a vibrant and emerging community.”

There are 17 properties still up for sale
There are 17 properties still up for sale

getting on the ladder for less

While a first-time buyer purchasing a property worth £395,000 at SO Resi Canning Town might normally expect to have to find a 10% deposit of £39,500, the government-backed shared ownership scheme means raising significantly less up front.

For a 25% share of that apartment, worth £98,750, they could secure a deal with a 5% deposit of just under £5,000, paying rent on the unowned portion of the home as well as the service charge.

Owners then have the option to increase the share of the property they own in a process called staircasing, decreasing the rent payable on a home. 

SO Resi Plus offers owners the opportunity to incrementally increase their stake by 1% each year with no additional fees or valuations, a scheme that has proved so successful it is now available nationwide.

The Canning Town apartments themselves feature open-plan living areas, fully fitted kitchens with Zanussi appliances and solid timber floors. 

All enjoy private balconies and feature built-in storage solutions, with living spaces ranging from 557sq ft to 971sq ft.

The area is increasingly attractive to buyers with extensive regeneration ongoing and a multitude of transport links connecting it to the rest of the capital.

There are 17 properties still up for sale
Homes are available on a shared ownership basis

key details: SO Resi Canning Town

Prices at SO Resi Canning Town start at £98,750 for a 25% share of a one-bed.

Find out more about the scheme here

Read more: How Arc is bringing the ‘largest sauna in the UK to Canary Wharf

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