Springbank Court

Our first shared ownership homes. Register your interest!

Updated: 28 January 2019 at 15:21pm

We are very pleased to present our first shared ownership homes - Springbank Court.

This new development, located by the Ravensbourne River towards Bromley, features eight homes from one to three bedrooms for part-purchase, part-rent.

The new homes are part of our wider development programme to help tackle the housing crisis.

What is shared ownership?  

With shared ownership, first-time buyers can take out a mortgage for 25-75% of their home and Phoenix owns the rest, with rent charged on its share.

Over time - and if you choose - you can buy the rest of the house from us.

Among the benefits are:

  • Your deposit will be much lower than buying a home outright (and could be as little as £3,000)
  • Even though you don’t own the whole property, you can sell what you do own at any time, or buy more as it suits you.

Find out more

For more information and to register your interest visit the Springbank Court website.  

We are also holding two open evenings where you can learn more about the new homes. 

  • Tuesday 26 February, 5-8pm
  • Wednesday 6 March, 4-7pm
If you would like to attend, please email us in advance.