Shared Ownership helped me at ‘just the right moment’

Cuong, a 39-year-old project manager based in London, says Notting Hill Sales helped him just before his dream of homeownership became unattainable. Buying through Shared Ownership at Drummond House, part of one of Europe's largest regeneration projects - Royal Arsenal Riverside, Cuong was able to purchase 25% (£99,375) of a two bedroom apartment with a full market value of £397,500.

Taking his first step on the London property ladder, Cuong purchased his apartment a month after his search for a home started. Cuong says; "I viewed Drummond House at just the right moment in my life. I was getting older and starting to feel I that I really should invest in property rather than continue to rent. I was keen to get on the property ladder before London house prices increased to the point where it would have been impossible for me to buy."

Having rented for the last five and a half years in an old Victorian building, Cuong was attracted to the design and layout of Drummond House and all the advantages a new build has to offer. Cuong adds; "Because it's a new build, it adheres to modern building standards. It's more dependable and energy efficient than other properties out there. I love the layout of the apartments which are attractive and very practical. I'm looking forward to the opening of the Crossrail service because it will make commuting and getting around really convenient. There's also some great existing transportation links near the development, including the DLR."

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