What's it all about?
If you can’t quite afford the mortgage on 100% of a home, Help to Buy: Shared Ownership offers you the chance to buy a share of your home (between 25% and 75% of the home’s value) and pay rent on the remaining share. Later on, you could buy bigger shares when you can afford to. You could buy a home through Help to Buy: Shared Ownership if;
- Your household earns £80,000 a year or less, you are a first-time buyer
- You used to own a home but can’t afford to buy one now
- Are an existing shared owner looking to move.
With Help to Buy: Shared Ownership you can buy a newly built home or an existing one through resale programmes from housing associations like us. You’ll need to take out a mortgage to pay for your share of the home’s purchase price, or fund this through your savings. Shared Ownership properties are always leasehold.
To check if you qualify and find all the details Help to Buy: Shared Ownership site here; If you're eligible and interested in applying fill in our enquiry form. You will need to be registered with the Help to Buy Agent at www.orbithelptobuy.co.uk to receive details of new build and resale properties and so we can do some financial assessments.
|Development location||Development name|
|Canon Pyon||Watling Close|
|Tupsley (Hereford)||Netherwood Close|
To see our Shared Ownership properties click here.