With the average house price in London increasing by 9.7%* over the last year, many buyers in the capital are turning to shared ownership to find an affordable route to home ownership. 

Recently launched, Park View is Family Mosaic’s flagship development in Southwark, offering 42 new homes through shared ownership. With a selection of 2 & 3 bedroom maisonettes, and 1, 2 & 3 bedroom apartments, Park View is an affordable option for both young professionals and families alike, with prices starting at £59,100 for a 30% share.  

Located in a zone two regeneration hotspot, the new homes at Park View sit next to the recently revived Burgess Park, the largest new park in London in 70 years which recently received £8 million investment. Residents are also within walking distance to neighboring Elephant and Castle which received a £1.5 billion investment plan last year by Southwark council to create a new pedestrian town centre, market square, cultural and leisure facilities and five new green spaces within the borough. Peckham Village and Bermondsey are also conveniently close, both offering a range of independent bars and eateries as well as a range of cultural hotspots like The Menier Chocolate Factory, Southwark Playhouse and the Shortwave Cinema. 

Lauren Nicholson, head of marketing at Family Mosaic commented, “With the average London property now costing £385,799**, the new homes at Park View gives buyers an affordable way to buy a property.

“Situated in zone two on the Old Kent Road, residents have a host of cultural hotspots on their doorstep, as well as excellent transport links into the City, making this development such an exciting opportunity for buyers.”

Each of the new homes at Park View offer either a private balcony or winter garden, fully fitted kitchen complete with an integrated fridge freezer and dishwasher, a freestanding washer/dryer and modern white bathroom suite.

On-site, there is ample secure bike storage and all homeowners will have convenient access to the communal roof garden on the sixth floor equipped with a children’s play area.

Recently launched, the new homes at Park View are available with prices starting form £59,100 for a 30% share (full value £197,000). Wheelchair adaptable units are also available and interested buyers should call 020 7089 1315 for more information.

For more details of the Park View development visit www.parksideliving.co.uk or to find out more about Family Mosaic and other shared ownership opportunities visit www.familymosaicsales.co.uk  

* ONS http://www.ons.gov.uk/ons/rel/hpi/house-price-index/july-2013/index.html
**Shelter http://www.landregistry.gov.uk/media/all-releases/press-releases/2013/july-market-trend-data-from-land-registry

 
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For further media information contact Jo Murphy or Penny Joyner at YOU:
T. 020 7420 3550 Email: jo@you-agnecy.com / penny@you-agency.com

Notes To Editor
Family Mosaic is one of the biggest home providers in London and Essex, providing good quality, affordable housing and services to over 45,000 people with more than 20,000 homes for rent, as well as housing for people with extra support needs and temporary housing.