One of the new owners of the first shared ownership properties ever built by Haringey Council was today officially handed the keys to her new home.
Cllr Alan Strickland, Cabinet Member for Housing, Regeneration and Planning and Chris Liffen, Managing Director of Homes for Haringey, were on hand to welcome Cristina Andronache to her new home in Brewery House, Whitbread Close in Tottenham - haringey.gov.uk informs.
With shared ownership, home-owners buy a share of between 25% and 55% of the property and pay rent on the remaining share. They have the option to increase the share they own in the future, making this a great way for first-time buyers to get a foot on the housing ladder, when they are priced out of buying a home on the open market.
Owners have now moved into the four new two-bedroom properties in Whitbread Close, built on the site of a former council car park. The new homes are of a high quality, promoting sustainable development, energy efficiency, and affordability.
The homes will be managed by Homes for Haringey, which is responsible for the day-to-day management of the council’s housing stock. These properties are among 31 new homes being completed this year on former garage and car park sites in seven locations across the borough.