Shared Ownership Homes Uk

We offer shared ownership properties and the government backed help to buy initiative on many of our developments to help you get on the property ladder.

Shared ownership homes uk. You can buy a home through shared ownership if your. Shared ownership is where you buy just a share of a property between 25 and 75 from a uk housing association. You buy a share of your home between 25 and 75 and pay rent on the rest. Shared ownership could be the answer.

Most of the homes available are newly built but some are. The monthly repayments on a shared ownership home. Want to get on to the property ladder but struggling to stack it up financially. Your household income must be less than 80 000 if you live outside london or 90 000 if you re living in london.

Shared ownership is only available to first time buyers those who ve previously owned a home but can t afford to buy one now and existing shared ownership homeowners who want to move house. You can get a shared ownership home through a housing association. As a not for profit organisation the money we make is reinvested into building and sustaining our communities we currently house around 250 000 people in more than 90 000 homes. 2020 hearst uk is the trading name of the national magazine company ltd 30 panton street leicester square london sw1y 4aj.

Buyers purchase a share of property and pay rent on the remaining share. Also known as part buy part rent with this affordable home ownership scheme you purchase a share of a brand new property and rent the remainder from the housing provider. Rightmove have now made it even easier to see more perfect shared ownership property in your area. Shared ownership new build.

The price shows the minimum share available and the size of the share you purchase will depend on what you can afford. These schemes are aimed at people who don t earn enough to buy a home outright. Shared ownership is a great way for first time buyers to get on the property ladder as it can dramatically reduce the amount required for a. Shared ownership is an affordable home ownership scheme which makes it easier for first time buyers to get on the property ladder.

With shared ownership you buy between a quarter and three quarters of a property. When you carry out any for sale search on rightmove the search results page will present an in your search box with a series of options to choose from on the right hand side. Search for shared ownership properties in your area now.