Name:
Tower Homes
Address:
70 Court Road
London
Kent
SE9 5NP
London
Kent
SE9 5NP
Phone:
0844 806 5501
Fax:
unknown
Email:
Website:
Area(s) of Business:
Housing Association
Year Established:
1987
Company:
Tower Homes is a charitable housing association offering people the chance to buy or rent homes throughout London and the South of England. We help over 1000 people a year and have apartments and houses to suit all pockets, needs and aspirations. In addition we own and manage approximately 6,500 homes and we are one of the country's leading home ownership housing associations.
We work with, and are partly funded by, local councils and the Housing Corporation, (the government agency that funds and regulates housing associations).
We have over 20 awards for the design of our homes and have been named the Number One small/ medium employer in Britain in the 2006 Sunday Times Best Company Awards.
We were the first specialist housing association to be awarded the Charter Mark for customer service and have been re-credited on two consecutive occasions.
We are part of the London & Quadrant Group - a Sunday Times Top 100 employer.
We are Investor in People accredited.
We work with, and are partly funded by, local councils and the Housing Corporation, (the government agency that funds and regulates housing associations).
We have over 20 awards for the design of our homes and have been named the Number One small/ medium employer in Britain in the 2006 Sunday Times Best Company Awards.
We were the first specialist housing association to be awarded the Charter Mark for customer service and have been re-credited on two consecutive occasions.
We are part of the London & Quadrant Group - a Sunday Times Top 100 employer.
We are Investor in People accredited.
Staff:
We have around 80 members of staff at our offices in South East London.
Steve Walker is the chief executive.
Steve Nunn is the operations director.
Steve Walker is the chief executive.
Steve Nunn is the operations director.
Areas of Business (Products / Services):
New Build Homebuy;
Through this scheme (previously known as shared Ownership or part buy, part rent) you can buy a share in a brand new or refurbished home. You usually pay a mortgage on the part you own and a subsidised rent on the part you don't own. As your income rises, you can increase the share you own, until you eventually own 100% and no longer pay any rent to the housing association. If you are a key worker, you will be required to either sell the property or purchase all of the remaining share of the property within 5 years of leaving your profession.
Re-Sales;
These are Shared Ownership properties that were built and sold in the past that are now available for purchase on a part buy, part rent basis because the existing owners wish to sell.
Open Market Homebuy;
This scheme is primarily for key workers and existing public sector tenants. You can choose a home of your own choice and we will contribute up to £50,000 towards the purchase. You will not be expected to make any monthly repayments on the equity loan but will be required to repay the loan if you sell your home. If you are a key worker, you will also be required to repay the loan, within 2 years, if you leave your profession and cease to be a key worker. Please be aware that this scheme will be changing from October 2006.
First time Buyers Initiative/ London Wide Initiative;
This option will be available from early 2007 but you can register your interest now. It will initially be restricted to key workers only. Through this scheme you can buy a share in a brand new home. You usually pay a mortgage on the part you own but you make no repayments on the part you do not own. When you sell the property or leave your profession, you will be required to repay the same percentage we contributed. i.e. if we contributed 30% when you purchased you repay 30% of the selling price when you sell.
Priority for our homes will be given to housing association and local authority tenants and those on the housing waiting list. Priority will also be given to key workers.
To register or find out more about eligibility please visit our website, the one stop shop for affordable homes across London.
Through this scheme (previously known as shared Ownership or part buy, part rent) you can buy a share in a brand new or refurbished home. You usually pay a mortgage on the part you own and a subsidised rent on the part you don't own. As your income rises, you can increase the share you own, until you eventually own 100% and no longer pay any rent to the housing association. If you are a key worker, you will be required to either sell the property or purchase all of the remaining share of the property within 5 years of leaving your profession.
Re-Sales;
These are Shared Ownership properties that were built and sold in the past that are now available for purchase on a part buy, part rent basis because the existing owners wish to sell.
Open Market Homebuy;
This scheme is primarily for key workers and existing public sector tenants. You can choose a home of your own choice and we will contribute up to £50,000 towards the purchase. You will not be expected to make any monthly repayments on the equity loan but will be required to repay the loan if you sell your home. If you are a key worker, you will also be required to repay the loan, within 2 years, if you leave your profession and cease to be a key worker. Please be aware that this scheme will be changing from October 2006.
First time Buyers Initiative/ London Wide Initiative;
This option will be available from early 2007 but you can register your interest now. It will initially be restricted to key workers only. Through this scheme you can buy a share in a brand new home. You usually pay a mortgage on the part you own but you make no repayments on the part you do not own. When you sell the property or leave your profession, you will be required to repay the same percentage we contributed. i.e. if we contributed 30% when you purchased you repay 30% of the selling price when you sell.
Priority for our homes will be given to housing association and local authority tenants and those on the housing waiting list. Priority will also be given to key workers.
To register or find out more about eligibility please visit our website, the one stop shop for affordable homes across London.
Fees:
Please see our website for further details of the income you will need for any of our homes that are available for sale or to let.
You will also find details of our Open Market HomeBuy scheme.
You will also find details of our Open Market HomeBuy scheme.
Memberships / Accreditations:
Full listing to follow.



