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£63,750
1 & 2 bedroom Shared Ownership apartments at The Quarry, Erith
You can apply to buy the home if all of the following apply:
- your household income is £90,000 or less
- you cannot afford all of the deposit and mortgage payments to buy a home that meets your needs
One of the following must also be true:
- you're a first-time buyer
- you used to own a home but cannot afford to buy one now
- you're forming a new household - for example, after a relationship breakdown
- you're an existing shared owner, and you want to move
- you own a home and want to move but cannot afford to buy a new home for your needs
If you own a home, you must have completed the sale of the home on or before the date you complete your shared ownership purchase.
As part of your application, your finances and credit history will be assessed to ensure that you can afford and sustain the rental and mortgage payments.
Reserve a selected 1 or 2 bedroom home between 2 - 31 January 2026 and you'll receive £1,500 towards buying costs plus a £500 One4All voucher!*
1 & 2 bedroom Shared Ownership apartments at The Quarry, Erith. Prices start from £63,750 for a 25% share in a 1 bedroom apartment. Full market value from £252,500.
What is Shared Ownership?
Shared Ownership allows you to buy a home, in an affordable way, in the area you know and love. It allows you to buy a share of your home - between 25% and 75%, with as little as a 5% deposit. You pay a mortgage on the share you own and rent the remaining share at a subsidised rate. You can increase your share in your home and staircase up to a larger share, and eventually full ownership.
The Quarry, Erith
The Quarry is a truly impressive eco-development set to breathe new life into the disused Erith Quarry site which has been neglected for the past 40 years, and will be transformed into a collection of new brand new homes. Located in Erith, The Quarry will become a commuter's paradise, located just over 30 minutes by train from central London and easily accessible via the Elizabeth line from Abbey Wood and Woolwich stations.
The Quarry is a bold new vision for what urban living can look like. A one-of-a-kind urban village, where everything here has been designed around the things that make people happy and lives fulfilled.
*Imagery depicts typical L&Q show home photography and specification may differ in our upcoming release. CGIs for illustrative purposes only. Floor plans depict typical 1 and 2 bedroom apartment layouts and are awaiting full sign off. Shared Ownership terms and conditions apply. Please visit lqhomes.com/sharedownership for more information.
Register your interest today!
You can add locations as 'My Places' and save them to your account. These are locations you wish to commute to and from, and you can specify the maximum time of the commute and by which transport method.
