If you thought that owning your own property was out of reach, 2013 could be the year to investigate new build part-ownership.
Across the UK there are countless new housing developments that are marketed with part-ownership options. If finding a sizable deposit is one of your barriers to ownership, these types of property could provide the ideal solution. Not only do they offer a route to home ownership, they also provide comfortable accommodation with neutral decoration, new kitchens and bathrooms, and builder guarantees. Shared ownership schemes can differ but essentially properties are sold on a part-buy, part-rent basis. Further information is obtainable from a mortgage adviser or your local estate agent.
|This stunning one bedroom apartment, available for shared ownership, is located on the ground floor of a block of six apartments within close proximity to Leatherhead town and mainline station. The accommodation offers an open plan kitchen/living/dining room with a range of integrated appliances, a well proportioned bedroom with fitted wardrobes, and a modern bathroom. The property is offered for £82,000 on a shared ownership basis.|
|Located in Gainsborough in Lincolnshire, this property offers a great opportunity to purchase a 25% share of a brand new 2 bedroom house. The property comprises of an entrance hall, lounge diner, cloakroom, kitchen, family bathroom and two bedrooms. Outside there is a parking space and an enclosed rear garden. The 25% share in the property is priced at just £23,750.|
|This great new build property has 2 bedrooms, a living room, kitchen and bathroom. Its full value price is £108,000 so for a 25% share you pay just £27,000. Rent on the remaining share of the property per calendar month is £185.63. The rent includes the building insurance premium – service charge is £2.43 per month.|