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South London News (SLN) > Local South London News > Wandsworth News > Berkeley Sells 74 Shared Ownership Homes in Wandsworth 2026
Wandsworth News

Berkeley Sells 74 Shared Ownership Homes in Wandsworth 2026

News Desk
Last updated: May 19, 2026 12:10 pm
News Desk
6 hours ago
Newsroom Staff -
@slnewsofficial
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Berkeley Sells 74 Shared Ownership Homes in Wandsworth 2026
Credit: Google Maps/showhouse.co.uk

Key Points

  • Berkeley has agreed the forward sale of 74 shared ownership homes to Wandle Housing Association at Wandsworth Mills.
  • The homes are part of Rubia House, within a wider 3.4-acre neighbourhood scheme delivering 383 homes.
  • The homes are expected to be completed from spring 2027.
  • The development is located within five minutes of Wandsworth Town station.
  • Berkeley said the deal supports access to “well-designed, affordable housing” in southwest London.
  • Wandle Housing Association said it is pleased to help deliver “safe and affordable homes” for Londoners looking to get on the property ladder.
  • Wandle owns 7,000 homes across nine south London boroughs.

Wandsworth (South London News) May 19, 2026 – The developer said the homes are being built at Rubia House, part of a broader 3.4-acre neighbourhood that will contain 383 homes in total. The site is described as being within five minutes of Wandsworth Town station, which places it in a well-connected part of southwest London.

Contents
  • Key Points
  • Where will the homes be built?
  • Who are the main organisations involved?
  • Why does the deal matter?
  • How does the scheme fit the wider development?
  • What did the companies say?
  • What is the background to this development?
  • What could this mean for buyers?
  • Prediction

The announcement centres on a housing deal designed to expand the supply of shared ownership homes in the borough. According to Berkeley, the transaction supports its wider approach to delivering mixed-tenure housing in established residential areas. The homes are intended for people who want a route into home ownership but cannot buy on the open market.

Where will the homes be built?

The homes will be delivered at Wandsworth Mills, in south London, as part of the Rubia House element of the larger scheme.

Berkeley said the neighbourhood is a 3.4-acre mixed-use development comprising 383 homes overall. The location is close to Wandsworth Town station, which the company said is roughly a five-minute walk from the site.

The scheme sits within an area already known for residential development and strong transport links. That setting matters because shared ownership homes are often aimed at buyers who need access to jobs, schools and public transport while remaining within a more manageable purchase structure.

The location also helps explain why the development is being positioned as a practical option for Londoners seeking a first step onto the housing ladder.

Who are the main organisations involved?

As reported by Berkeley, the sale has been agreed with Wandle Housing Association, a south London housing provider.

Wandle owns 7,000 homes across nine south London boroughs and provides homes for social and affordable rent, shared ownership, outright sale and supported housing.

That scale places Wandle among the more established housing associations working across the capital’s southern boroughs.

Berkeley’s managing director, Marcus Blake, said:

“Partnering with Wandle to deliver shared ownership homes at Wandsworth Mills helps more people access well-designed, affordable housing in one of southwest London’s most established residential areas,”

according to the company’s statement. Wandle’s head of development, Jeremy Arnold, said he was

“delighted that Wandle is playing a key role in delivering these safe and affordable homes for Londoners looking to get on the property ladder”.

Both comments place emphasis on affordability, access and the practical role of shared ownership in the London housing market.

Why does the deal matter?

The agreement adds another tranche of shared ownership homes to London’s housing supply at a time when affordability remains a central issue in the capital. Shared ownership is generally used to reduce the upfront cost of buying a home by allowing purchasers to buy a share and pay rent on the remainder, making it a route into ownership for some lower and middle-income households. In this case, the 74 homes will be delivered within a larger scheme, which means they are part of a mixed-tenure development rather than a standalone housing block.

The forward-sale structure also indicates that the homes are being sold before completion, which can provide certainty for both developer and housing association.

For Berkeley, the agreement helps progress delivery at Wandsworth Mills, while Wandle gains a future supply of homes it can offer to eligible buyers. For people hoping to buy in southwest London, the deal may widen options in an area where private purchase costs are likely to remain beyond the reach of many households.

How does the scheme fit the wider development?

Wandsworth Mills is described as a 3.4-acre neighbourhood containing 383 homes, suggesting a sizeable urban redevelopment rather than a small infill project.

The 74 shared ownership homes form only one part of that wider masterplan, which means the development is likely to include a mix of residents, tenures and possibly supporting amenities.

Berkeley’s statement frames the project as part of its broader work in creating neighbourhoods rather than isolated buildings.

The inclusion of shared ownership homes within a major residential scheme is also significant because it can help make higher-value locations more accessible. Berkeley’s language about “well-designed, affordable housing” and Wandle’s focus on helping Londoners get on the property ladder both point to the same policy aim: broadening access to home ownership in a market where outright purchase is difficult for many buyers. In practical terms, the development will likely be watched as one more example of how private developers and housing associations combine to deliver affordable housing in London.

What did the companies say?

Berkeley said the partnership with Wandle would help more people access affordable housing in southwest London. Marcus Blake, Berkeley’s managing director, said the deal supports the delivery of “well-designed, affordable housing” in one of the area’s most established residential locations.

That statement links the project to both design quality and affordability, two themes often used in residential development announcements.

Wandle said it welcomed the opportunity to play a role in delivering homes for people seeking to buy. Jeremy Arnold, Wandle’s head of development, described the homes as “safe and affordable” for Londoners looking to get on the property ladder.

The language from both organisations is consistent with a housing partnership that aims to balance commercial delivery with social purpose.

What is the background to this development?

Berkeley is a major mixed-use developer with a track record of delivering residential schemes across London and the wider south of England.

Wandle Housing Association operates across nine south London boroughs and provides a range of housing types, including social rent, affordable rent, shared ownership and supported housing.

The two organisations therefore have complementary roles: one develops homes, while the other manages and offers them to buyers or tenants.

Forward sales to housing associations are a common mechanism in large residential schemes because they allow developers to secure buyers for a portion of the project before completion.

That can help unlock financing and support the delivery of homes at pace, while housing associations use the arrangement to expand their stock and offer homes to eligible residents.

In London, such partnerships are often used to increase the amount of affordable housing delivered within larger private developments.

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What could this mean for buyers?

For potential buyers, the 74 shared ownership homes may provide a more affordable entry point into Wandsworth than purchasing outright.

The location near Wandsworth Town station could be attractive to commuters, especially those working in central or southwest London.

Because the homes are due from spring 2027, they will not provide immediate relief to current housing pressures, but they do add future supply to a constrained market.

For Londoners seeking shared ownership, the development may offer an option in an area that is usually expensive for first-time buyers.

For Wandle, the homes will add to its wider portfolio across south London and support its role in affordable housing delivery.

For Berkeley, the deal reinforces a development model that combines private housebuilding with partnerships that include affordable tenure.

Prediction

This development is likely to benefit first-time buyers and lower-income households who want to live in southwest London but cannot afford full market purchase. Because the homes are close to transport links and form part of a larger neighbourhood, they may appeal to people who need practical access to work and services rather than luxury features. The main effect for the intended audience will be broader housing choice, although that benefit will only arrive once construction is completed from spring 2027.

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