Bedrooms: 1 & 2
Share price from: £60,000MOAT AT PETERS VILLAGE
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Whilst living with their parents in East London, the young couple began their search for a place they could finally call their own. Since the birth of their daughter two years prior, Mena had been on the hunt for somewhere that would be ideally located for David’s work whilst giving them the wow-factor.
However, after initially seeing somewhere they liked the look of in Sydenham last Spring, the pair pulled back because it wasn’t quite right. The search wasn’t simple sailing, until they discovered Culverley Gardens in Catford, which ticked all the boxes for them both. They instantly liked the area and the feeling of spaciousness so close to London and having two bedrooms was a game changer. It was also relatively close to their parents’ home and would cut down commuting time, meaning more time to spend together as a family.
Mena said “After a terrible year for everyone, this just feels like it’s come at the right time. It’s a new year with a fresh start and we feel optimistic about our new home. It will make such a difference – our daughter will have her own room, we can decorate our own space how we like and I can make a mess baking in the beautiful kitchen!”
Shared Ownership seemed like the most appropriate route to take for the Ocanseys to get onto the property ladder. After considering Help to Buy, they had worries about paying back costs at the end of the initial five-year loan period, whereas they felt a certain comfort of being with a well-established housing association like Moat.
“The whole team at Moat have been so helpful. Communication has been fantastic. I’ve had a million questions and the New Homes Officer who helped us, Ben, has always broken them down simply for us to understand which has been so appreciated! Simone was also fantastic in keeping on top of everything and chasing things up.”
The couple have already looked into staircasing in the future, which would mean buying more shares in their home. “This is something we would like to do in time once we’ve settled. It seems like an uncomplicated process that would benefit us when the time comes.”
For more information about new shared ownership homes in London, get in touch with Ben Davis on 07850 917 673 or email him at firstname.lastname@example.org. You can check out www.moathomes.co.uk for any upcoming schemes.
It was whilst the couple were renting at Kidbrooke Village that they made the decision to buy a home of their own together. They had grown to love the area because of its open space and quick connections to central London. Daniel grew up close by so was familiar with the area: “When I saw it was being developed, I drove through and thought it was incredible how much it had changed. The parks and peacefulness still draws me to this area; it just doesn’t feel like you’re in London.”
“Whenever you think of new builds in London you think of the concrete jungle, but it’s just not like that here. It is so quiet and beautiful, yet so easy to get into central London. Daniel works in London Bridge and he can wake up at 7am and be at work for 8am.”
Keen to get onto the property ladder, the couple started looking for properties and came across Moat’s shared ownership apartments at Meridian Gate in Kidbrooke Village.They booked onto the next open day and met the Moat sales team.
“The financial advisor made us realise that buying was an option for us, so we chose the percentage share that we felt was right for us and then came to see the apartment.”
“The quality of the apartments that we were looking at before Kidbrooke Village was completely different. We loved the apartment as soon as we saw it and knew we didn’t have to do much to it to make it feel homely. We’ve been invited round by a few neighbours and it really feels like a community”
The apartments at Meridian Gate are conveniently located next to the village centre; home to a range of amenities, including a Sainsbury’s Local supermarket, convenience store, pharmacy, doctor’s surgery, dentist and café and delicatessen. They are also situated between the new Cator Park and established Sutcliffe Park that help to make up the 136 acres of parkland in Kidbrooke Village.
“We’re so glad we took the step and bought our own home. Something is now going towards our mortgage and we’ve bought a three bedroom apartment that is far bigger than the two bedroom apartment we were renting. When we’re ready, we’ll buy a bigger share.”
Available properties start at £108,750 for a 25% share of a spacious two bedroom apartment (full market value £435,000).*
For more information about shared ownership at Kidbrooke Village, call Louise Gramston at Moat on 0845 359 6380 or visit www.kidbrooke-moat.co.uk
While shared ownership is often thought of as a first step onto the property ladder, for Tina and Lewis, it provided the perfect middle ground after traditional home ownership became too costly.
Tina and Lewis have recently moved into a three-bedroom house in Woodlands Green, Staplehurst. They were previously paying off a mortgage on a home for outright ownership but were finding that the payments and cost of maintaining their home were quickly stacking up.
“We had to sell our previous home, as we could not afford the mortgage - in the past we both got made redundant and had to go onto an interest-only mortgage. This meant we were not able to ever buy our old home outright, and we couldn’t afford to make any repairs to our old home.”
After researching their options online, they came across Moat’s shared ownership programme. Paying off a smaller mortgage in a newly built house provided the ideal solution, and they were attracted to countryside living in charming Staplehurst.
“The house [in Woodlands Green] is new, and we do not have to replace anything; it’s great that all appliances are in the property. This has saved us money, so that we have been able to buy all new furniture.
“We only had to get a small mortgage which will be paid off when I retire.”
The couple moved into their new home in July 2020 and all that’s left for them to do now is “just to relax and enjoy our new home”.
Following years of renting privately, the couple decided that it was time to set down roots and find a place that they could really call home.
Time for change
Faced with yet another move at the end of a tenancy agreement, both Errol and Antonio agreed that they’d reached a point in their lives where owning their own home had to become a priority. However, they didn’t want to be pushed further out of London by property prices that were totally unaffordable.
When they realised that they were both ready to embark on their own home ownership journey, Errol and Antonio started to consider their options. They knew that a traditional purchase through the open market in London was out of the question, but when they heard about shared ownership there was a glimmer of hope. They found sharetobuy.com – an online, one-stop-shop which led them to discover Moat and the affordable homes on the Greenwich Peninsula.
“We liked the look of the apartments on the website so we decided to visit the area, given that we’d always lived in South West London and didn’t know Greenwich at all,” Antonio recalls. “When we walked out of North Greenwich tube station, we were instantly delighted by the high-tech environment. Once we’d seen the homes and got a feel for the community, we got really caught up in our Peninsula Dream!”
Totally smitten, Errol and Antonio made the decision to get the ball rolling. Errol remembers the shared ownership purchase process to be very straightforward “Everything was clearly explained and broken down into palatable steps, so we knew where we were throughout the process. The team at Moat was always available and willing to offer guidance and our financial advisor was extremely professional and knowledgeable.”
They reserved from-plan at the end of October 2015 and just over six weeks later, in mid-December, Errol and Antonio completed their purchase, moving in just in time for their first Christmas as home owners. “We feel like a weight was lifted from our shoulders,” Antonio says. “Our quality of life has definitely improved and we are more relaxed and optimistic about the future.”
Moat’s homes in Greenwich have been thoughtfully designed, inside and out. They come with balconies and a great specification, with features such as a video entry system and Zanussi appliances included in the price. The Peninsula itself is vibrant, active and welcoming, with plenty of great transport links into the City, event venues such as the O2, bars and restaurants. But it isn’t all hustle and bustle; Greenwich Peninsula also has plenty of protected, green spaces to escape into at times when city life gets a little too hectic.
“Our new home is amazing and we absolutely love it; we love being ‘Peninsula People’. We love the neighbourhood, our new neighbours – everything!” Errol enthuses. “It’s everything we could have ever wanted and more.”
After six years spent renting a two bedroom property in Charlton, South London, they knew it was time to set up a more secure future for their family.
Having both been born and raised in the Royal Borough of Greenwich, Lee and Michelle wanted to remain in the local area familiar to them and weren’t keen to completely relocate. However, with the cost of buying a home in London continuing to rise, this wasn’t looking likely. “We weren’t in a position to get a full mortgage because we only had a small amount of savings for a deposit,” Lee remembers. “We wanted stability for our future and buying a home was a way of laying those much needed foundations; shared ownership seemed the best way to get onto the property ladder.”
Lee and Michelle’s rented home was very close to the Greenwich Peninsula and the uber-modern Greenwich Millennium Village (GMV). “We passed through the Peninsula and GMV on the way to work every day,” Michelle explains. “When we started looking into shared ownership, GMV was a natural first choice for us – especially since we wanted to stay close to our friends and family.”
With a plan forming, the couple went online to sharetobuy.com – the one-stop-shop for shared ownership sales. They spotted Moat’s apartments at GMV and decided to make some enquiries. “From the start we made it clear that we had a tight deadline due to the new baby’s arrival and our tenancy agreement ending,” says Lee. “The team at Moat were great; they were quick to respond to our queries which I think played a big part in being able to complete the whole purchase process within three months.”
For a decade GMV has been an established, sustainable community at the forefront of a monumental regeneration. The fantastic amenities situated locally such as The O2 Arena, along with a superb transport network including North Greenwich Station on the Jubilee line, have made GMV a thriving and developing community. GMV also has its own parkland, including the Ecology Park, and easy access to the landscaped Central Park running the length of the Peninsula.
Both Lee and Michelle love their new home. “We both work in central London and commute via the Jubilee Line at North Greenwich,” Michelle explains. “Now that we’ve moved our commute is not only ten minutes shorter, but the walk along the river to the station is much nicer than sitting on a bus in traffic!”
“Buying our home has given us the security we wanted,” Lee adds. “It’s a great feeling knowing that some of what we are now paying for our home is going into ownership. It has taken away the common concerns of renting such as rent increases, security of tenure and short term tenancies.”
“We love it here – it suits us perfectly,” Michelle proclaims. “Its very well designed, spacious and has lots of storage which is a great help. The views are lovely and having two balconies is a real bonus!”
On 13 June 2016, Lee and Michelle’s son, Zac, was born at the Queen Elizabeth Hospital in Greenwich. The whole family is now loving life in their new home at GMV.