The Refinery – Save Money With Shared Ownership
Situated in the heart of east London’s vibrant London Docklands area, The Refinery is a collection of 60 one, two and three-bedroom homes - each of which are available to purchase on a Shared Ownership basis.
Every home at The Refinery boasts a stylish and functional open-plan layout, alongside exceptional high-quality internal specifications.
One of the advantages of buying a Shared Ownership home at The Refinery, is that the combined monthly mortgage fees and subsidised rental typically amounts to a lower amount than an equivalent monthly fee for a rental property.
That’s right; if you buy a share of one of our Shared Ownership homes at The Refinery, it’s likely your monthly costs will be lower than renting.
For example, a one-bedroom apartment at our east London Development will cost £1,097 per month*, based on purchasing a share of 35%. Whereas, the average price to rent a one-bedroom apartment in the E16 area with a similar speciation amounts to £1,300 per month^. This equates to a £200 saving every month.
To book your viewing of our remaining homes at The Refinery, please visit our website.
Are you looking for a stylish and modern home in East London?
Our brand-new Shared Ownership development, The Refinery, is perfectly located in the rejuvenated Royal Docks area of West Silvertown, E16.
To receive exclusive monthly email updates about this one, two and three-bedroom development, including floorplans, images, open day details, launch dates and prices, register your details with us now on our website.
*The monthly spend is taken for plot A2.2 with a 35% share price, monthly costs include; rent at 2.75%, mortgage at a 3% interest rate and 25 years term, plus service charge of £140pm.
^Rent figures taken from Rightmove, November 2019.