Shared Ownership Week

welcome matThe 5th to the 11th October will be Shared Ownership week. Shared ownership provides an affordable way to getting your foot on the property ladder. It is a smart way of buying a new or re-sale home.

 

 

Its quite a simple concept, you can buy a share in a new home, the usual minimum amount is 25% of the properties value. You then pay a subsidised rent on the part of the property that you don’t own.

The great thing about part ownership is that, at any time in your life, you find that you are in a better position financially you can buy further shares until you own your home outright.

To be eligible to for the Help to Buy Shared Ownership scheme, you will need to meet the following criteria;

  • You can’t afford to buy a property on the open market
  • Your household income is less then £60,000 per annum
  • You are a first time buyer. In some cases home owners who are assessed as having a housing need can qualify
  • You are at least 18 years old

If you are considering buying a new property through a Shared Ownership scheme, take a look at some of the new developments we are currently marketing.

 

Buckshaw VillageBuckshaw Village, a selection of 3 and 5 bedroom semi detached homes

 

 

 

 

Wheatlands ChaseWheatlands Chase, a selection of beautiful homes with some great offers.

 

 

 

 

Walton locksWalton Locks, A selection of apartments to suit a first time buyer

 

 

 

 

We have a large selection of new developments where the scheme is accepted visit our land and new homes section on Propertywide.

 

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Posted by: Samantha Turner-Meyern Categories: Buying, Estate Agents, Uncategorized Tags: , , , Comments Off on Shared Ownership Week

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