ME Plough Lane, London, SW17 0BL

The Switch is available through Shared Ownership.

Marketing suite and new show apartments now open 7 days a week – book a viewing today!

NOW 75% RESERVED!

INCLUDES PARKING!*

The Switch is part of an extensive regeneration programme, set across a large mixed-use project complete with a new purpose-built Wimbledon Football Club Stadium, which is set to transform the surrounding area.

Offering a luxurious selection of 1, 2 & 3 bedroom apartments through Shared Ownership* in one of the most sought-after locations in South West London, The Switch is perfect for first-time buyers.

Plot 130 – The Sirocco

Shared Ownership Cost Breakdown – 25% Share
* Full market value = £665,000
* Example 25% share price = £160,250
* Rent = £914pcm (charged at 2.2% of the unsold equity)
* Estimated service charge = £311pcm

Shared Ownership Cost Breakdown – 40% Share
* Full market value = £665,000
* Example 40% share price = £266,000
* Rent = £732pcm (charged at 2.2% of the unsold equity)
* Estimated service charge = £311pcm

Shared Ownership Cost Breakdown – 75% Share
* Full market value = £665,000
* Example 75% share price = £498,750
* Rent = £305pcm (charged at 2.2% of the unsold equity)
* Estimated service charge = £311pcm

How does Shared Ownership work?

Shared Ownership is a Government-backed scheme for first-time buyers who are unable to afford a suitable home at the full market price.

You initially purchase between 25-75% of the home’s market value. You then pay subsidised rent on the remainder calculated at 2.75% per annum.

Am I eligible?

To be considered eligible for the Shared Ownership scheme your yearly income must be below £80,000. For London the limit is £90,000.

Those who already own a home are not eligible for the scheme. You would need to sell your current home to be considered

Will I need to pay a deposit?

In terms of a deposit you will need 5% of the percentage of the home you’re purchasing.

Kitchens come with fully integrated appliances, designer units and stone worktops. Bath and shower rooms offer oak veneered alcoves, porcelain tiled floors and walls and chrome- plated fixings.

Bedrooms feature floor-to-ceiling fitted wardrobes, brushed metal sockets and subtle light grey carpets.

All apartments at The Switch are offered on the Shared Ownership scheme, making them ideal for first-time buyers.

Don’t miss out on coming to view these stunning apartments – register your interest now

We look forward to seeing you soon!
Financials
Length of lease: 250 years
Annual ground rent: £350 per annum from final staircasing
Ground rent review period: 25 years
Annual service charge: £3.50 per sq.ft
Service charge review period: Yearly
Council tax band: (E £2171.23, F 2566.00, G £2960.77, H £3552.92)

As a shared owner, you’ll pay rent for the percentage of the property that you don’t yet own. Every year, we calculate your new rent and will write to you to confirm what your new rent will be. Depending on your new home, you’ll also pay a service charge. This covers a proportion of the cost for the services, management and maintenance of the your building and development where you live. Your lease will detail what’s down to you in terms of repairing and maintaining your home. To find out more visit and speak to our sales team.

Show home indicative only

Room Dimensions