Bow River Village: Help to Buy vs Shared Ownership

Bow River Village: Help to Buy vs Shared Ownership


Due to its superb location besides the River Lea, excellent transport connections into the Capital and position close to Hackney Wick, Victoria Park, Westfield Stratford and the Queen Elizabeth Olympic Park, it’s no surprise that there’s high demand for homes at our Bow River Village property. 


However, what many people don’t know is that there are several ways to purchase a property at our East London development. One, two and three-bedroom apartments and duplexes are available to purchase using both Shared Ownership or Help to Buy. 


To help you make the right purchase decision at Bow River Village, we’ve outlined the key differences between Shared Ownership and Help to Buy. 


Help to Buy 


Help to Buy is a government scheme that offers an equity loan to first time buyers and existing homeowners to purchase a new build home. 


Eligible buyers with a 5% cash deposit could receive a government loan of up to 40% (London only) on the total value of a new home (up to £600,000). Therefore, purchasers using Help to Buy only need a 55% mortgage for the remaining value of the home.


For example: 

Full Value

40% Help to Buy Loan

5% cash deposit (of £307,200)

Mortgage Amount





(Example based on 2 bedroom Help to Buy apartment at Bow River Village)


The great thing about the Help to Buy equity loan is that it’s interest free for five years. After the first five years, you will then need to pay an annual fee of 1.75% on the amount of the outstanding loan. This will rise each subsequent year by the increase in the Retail Prices Index (RPI), if any, plus 1%.


Shared Ownership


Shared Ownership is a government-backed initiative that enables first time buyers to purchase a share of a home, typically between 25% and 75%, with the rest of the property owned by the housing provider. A mortgage is paid on the share owned, while a subsidised rent (typically 1.75% of the share you don’t own) is paid to the housing provider for the share you do not own. 


Shared Ownership is a great option for buyers with a smaller deposit. Indeed, deposits can be as low as 5% of the share that you are buying, rather than the full value of the property. 


For example:

Full Value

35% Share (Mortgage amount)

5% cash deposit




(Example based on 2 bedroom Shared Ownership apartment at Bow River Village)


Furthermore, Shared Ownership allows you to “staircase” and increase your share all the way up to 100%, when the time is right for you. 


Are you looking for a stylish and modern home through Shared Ownership in East London?


Our brand-new Shared Ownership development, Bow River Village, is perfectly located on the banks of the River Lea in East London. Featuring a collection of one, two and three-bedroom apartments, Bow River Village offers the best of urban living but in a quiet riverside environment. 


Bow River Village offers the best of urban living but in a quiet riverside environment. To receive exclusive email updates about this development, including floorplans, images, open day details, launch dates and prices, register your details with us now at our dedicated Bow River Village website