The dream of buying a home in London, one of the world’s most vibrant and dynamic cities, has often felt like an unattainable fantasy for many. However, Aster Group are here to transform that dream into reality with shared ownership.
Introducing Aster and shared ownership
Housing association Aster is known for its commitment to providing quality, affordable housing solutions for thousands of people across the south of England and London, and its shared ownership homes are no exception.
Shared ownership empowers individuals and families to step onto the property ladder with lower deposits than those required to buy on the open market.
In 2024, Aster is launching its shared ownership homes at The Silverton in Silvertown, marking the beginning of an exciting journey towards making home buying accessible to everyone. These thoughtfully designed one, two and three-bedroom apartments will offer the perfect blend of comfort, convenience, and affordability.
The Silverton in Silvertown: more than just a place to live
The Silverton in Silvertown is a modern residential development that embodies the essence of contemporary living. Situated in one of London’s up-and-coming neighbourhoods near the Royal Docks, it’s the ideal place to begin your shared ownership journey. With convenient access to the city’s bustling centre and the serene waterfront views, The Silverton is more than just a place to live; it’s a lifestyle.
Shared ownership: making dreams come true
Shared ownership has already transformed the lives of countless individuals and families throughout the UK. The concept is simple: you purchase a share of your new home, typically ranging from 25 per cent to 75 per cent based on your affordability and pay subsidised rent on the remaining share. Over time, you can increase your share if appropriate for you.
The upfront cost of buying a home is also reduced, making it accessible to a wider range of individuals. Monthly mortgage and rent payments are often lower than what you’d pay for a private rental property and can offer more security.
It’s a practical solution to the colossal challenge of buying a home in London’s competitive market and is there to help local residents in the area get on the property ladder.
Aster: your trusted home buying partner
As a housing association, Aster provides a range of services to its customers beyond just bricks and mortar. The team will not only provide guidance and support throughout the homebuying process, from the initial inquiry to the moment you step into your new home – but also beyond.
Their commitment to customer satisfaction aims to ensure that you feel valued, informed, and confident in every step you take.
The future of shared ownership in London
Aster isn’t stopping here and has ambitious plans to expand its shared ownership offerings to other areas in London, with Southall being the next destination on the map.
Don’t miss out on this incredible opportunity to secure your spot in London’s property market. It says shared ownership is the key to making your home buying dreams a reality.
To register your interest and be the first to hear about updates on The Silverton in Silvertown, register on Aster’s website.
