BANK OF MUM & DAD
CASE STUDY
Aisha , 25, has just bought a 25% share of a two bedroom, two bathroom Shared Ownership apartment at Barking Riverside with L&Q. Aisha moved back into her family home in Romford after finishing her university degree, and began working as an Account Manager for a parking solutions company in Stratford. “I always knew I wanted to buy rather than rent,” says Aisha. “Renting felt like throwing money away, and I wanted to invest in something for my future. Living at home while working meant I could take some time to save – something I’m really grateful to my parents for.” At the end of September 2024, Aisha began her property search and came across L&Q’s Shared Ownership homes at Barking Riverside, a rapidly developing new neighbourhood on the banks of the River Thames. Despite her initial reservations about new builds, Aisha was intrigued. “I never really thought new builds were for me. I’d always liked the idea of a fixer-upper, but after speaking to a friend about it, I realised a new build could actually be perfect… far less work, time and money!” she recalls. Aisha booked a viewing and was immediately impressed by the development. “When I walked into the flat I eventually went on to buy, it just felt right” she says. “I loved the balcony and huge windows. I knew straight away that this was the place for me.” Aisha acted quickly and found the support of the L&Q team ensured the whole process ran smoothly from there. Aisha was already aware of the benefits of Shared Ownership as her parents had also bought their home through the scheme and she is sure that it would have been a lot harder were it not for Shared Ownership. Since moving in, Aisha has been settling into her new home and community, and Barking Riverside’s transport links have made her daily commute a breeze. Looking back on her journey, Aisha is proud of how far she has come. “All of my friends and family are so impressed that I’ve stepped on to the property ladder. Moving back home to save was worth it in the end,” she reflects. “Most of us have seen our parents, grandparents and even older siblings step on to the ladder – it’s our turn! We deserve it.”
SWINDON SNG at Wichelstowe
SUNNINGDALE, ASCOT Sunningdale Park
This new development is made up of one and two bedroom homes set in 47 acres of Grade II listed parkland. As a former country estate, residents of Sunningdale Park enjoy a vast country park filled with gardens, lakes and extensive natural woodland. The homes are situated under a mile from Sunninghill high street, which can be reached by car in three minutes and on foot in 15 minutes. The surrounding areas include exclusive and historical locations, such as Ascot Racecourse, Sunningdale Golf Club, Royal Ascot Cricket Club and Windsor Castle.
Brand new phases of one, two and three bedroom Shared Ownership homes are coming soon, set in 200 acres of open space. Living here, you’ll be a short drive from the town centre, with a supermarket and a pub within walking distance. Commuters will benefit from excellent transport links with easy access to the M4, plus direct rail services to London; you can reach London Paddington in less than an hour. sales.sng.org.uk/developments/sng-at- wichelstowe 0300 330 0718
abrihomes.co.uk/properties/sunningdalepark 0800 114 6663
*Based on a 25% share of the full market value of £422,500
DARTFORD Knights Reach
HAILSHAM, EAST SUSSEX Summerhill Gardens
Latimer has just launched the first phase of this development, providing 10 houses and 32 apartments, with a further 50 homes to follow in 2026/27. Homes available include one and two bedroom apartments and two, three and four bedroom houses. The contemporary interiors feature marble-effect laminate kitchen worktops, individually designed contemporary Symphony Woodbury Gloss Platinum kitchen units, Porcelanosa tiling in bathrooms and appliances including an oven, hob, integrated fridge-freezer and washer-dryer in the utility room for every home. This new community offers excellent transport links and a wealth of local amenities – Bluewater is just five minutes away by car. latimerhomes.com/new-build-homes/kent/ stone/knights-reach 0300 100 0309
Latimer at Summerhill Gardens is home to pretty, two-storey houses ranging from two to four bedrooms, with 11 different house types and layouts available to choose from in the historic market town of Hailsham. Near the High Weald Area of Outstanding Natural Beauty, the South Downs National Park and the beautiful beaches of the south coast, it's still less than 90 minutes from London. Designed with families in mind, the spacious homes include individually designed kitchens with integrated oven, fridge-freezer and dishwasher, as well as contemporary neutral bathrooms. Outside, there are areas devoted to play parks and open public spaces. latimerhomes.com/new-build-homes/east- sussex/hailsham/summerhill 0300 100 0309
*Based on a 40% share of the full market value of £260,000
*Based on a 35% share of the full market value of £322,500
28 First Time Buyer August/September 2025
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