Thursday 17 September sees the start of this year’s Shared Ownership Week, and we’ll be promoting this part-rent, part-buy scheme across our Social Media channels. We will be sharing information about what shared ownership is, how to find out if you are eligible, new homes we have available, and success stories from some of our customers.
This affordable home-ownership scheme has helped thousands of first-time buyers and families onto the property ladder, could it help you?
Shared Ownership provides an affordable, smart way to buying a new or resale home; you simply purchase a share in a brand new property – usually a minimum of 25% of the home’s value – and pay a subsidised rent on the part you don’t own. In the future, if you wish, you can usually buy further shares until you own your home outright.
We have collated a list of common Shared Ownership myths here, which could help you make the decision if this part-buy part-rent scheme is for you.
For more information about the scheme, mortgages, the processes you have to go through, and much more, please visit the Shared Ownership Week’s website. On the website, you will be able to sign up to watch webinars on many different areas of the scheme as well.