Shared Ownership is all about getting your foot on the property ladder. It’s a good alternative to renting if you can’t afford the deposit to buy a house.
You buy a share in a home and then pay a reduced rent on the share that you don’t own. Shares range from 25% to 75% initially, with the option for you to buy more shares once you’ve moved in.
Before arranging a viewing for a Shared Ownership property you should fill in and return our Shared Ownership Application Form.
Shared Ownership Application Form
As we’ve already mentioned, shares in our Shared Ownership homes range from 25% up to 75% initially. However, you can own more shares in your home, 100% in fact – which is what’s known as staircasing.
It’s an affordable way to own a home. The more shares you own, the less rent you pay and it also means when you come to sell, if the value of your home has increased, you could make more profit!
You don’t have to buy the remaining shares all at once, you can do it in affordable stages, but we’d suggest you wait until you can afford to buy at least an additional 10%, to make it worthwhile.
If you’d like to buy more shares in your home, please get in touch with a member of our team and we’ll be more than happy to go through the options with you.
Get in Touch£ 82,775
Shared Ownership
Stunning 3 bedroom home comprising of one double master bedroom, two single bedrooms, 2 bathrooms (upstairs and down), large fitted kitchen and dining area, spacious living room. Parking to the front of the property and garden with green space to the rear of the property.
£ 77,500
Shared Ownership
Open Door are proud to present this beautiful 2-bedroom, semi-detached house for sale in Runcorn, Cheshire. This property comprises of x1 double master bedroom, x1 large double bedroom and an open plan kitchen, dining and living room. There is also two generous sized bathrooms in this property, one on the ground floor and one on the first floor.
