Shared Ownership in SE1

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Tuesday 2 February 2010 9.54pm
Brilliant advice James.

5 years ago I was registered with Housing Options and all the Housing Associations that would have me and then went to one of these mass events. They're brilliant to check out all the up and coming Shared Ownership developments and they don't happen very often so do go if you can Julia.

I found my fabulous little flat at that event (had viewed a few shoeboxes in areas I didn't really want to live) and I've been happily living in my Shared Ownership SE1 home for nearly 4 years.
Monday 8 February 2010 8.08pm
Does anyone know of any housing associations with properties in SE1? As my relationship has just ended, I'm about to have to move out of my flat and would like to stay as near to the area as possible as I have friends here.
Monday 8 February 2010 11.25pm
Hello - thanks for all your kind messages. Have no idea why I didnt realise so many of you had been kind enough to respond -I normally receive email alerts.

Very bemused by the council tenants debate. I myself grew up on a rough south london council estate as a kid, still got a good education at one of the best universities in the world and I doubt very many people when they met me realise my background. People are people and Ive lived in more posh places with pains in the necks for neighbours.

I have looked at bolanachi and really like the development. Not as pokey as most new builds.
Wednesday 10 March 2010 10.19am
Gordon - Can I talk to you about your contract for shared ownership? I have just got mine to purchase from Hyde HOusing association; and there are a couple of Items I wanted to ask someone who is in shared ownership already...
Thursday 12 August 2010 12.42am
How on earth do you find out if there will be council tenants in these new builds?
Thursday 12 August 2010 12.53pm
escorter1 wrote:
How on earth do you find out if there will be council tenants in these new builds?
The minutes of the planning committee that approved them would probably give you a clue as the planned social and tenure mix, though there's many a slip twixt cup and lip, or whatever the saying is.
Wednesday 1 September 2010 9.52pm
Or speak to the planning officer who handled the case.

Affordable housing will probably fall within the S106 agreement with the Council. This agreement will contain the detail of what type of housing it will be (shared ownership, intermediate or social rented, general needs or extra care) and, where rented, who has the right to nominate tenants, eg the Council or the Housing Association. Another thing to look for is the size of property. From a private buyers perspective 3 bed or over might be worrying. There is a desperate shortage of socially rented family housing, but sticking larger flats on the back of a block "executive" flats can be a disaster, not just for owners, but also for families who may not have the facilities they need.

Another approach might be to ask the developer to confirm who their Housing Association (Registered Provider) partner is for affordable element of the scheme. Then speak to their development department to get a better feel.

There can be problems, though for the most part the developer will be very keen to maintain the value of the flats he is selling, and so will push hard for shared ownership, or for building the social element "off-site". Problems are more likely to occur in the longer term if the Housing Association loses interest in a block where they only have a small number of units, or where they have their own issues dealing with the block manager.
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