What is shared ownership?
- Shared Ownership allows you to buy a share of a property and pay rent on the remaining share.
- You can buy a share between 10% and 75% of the property’s full market value.
- As you only own a share, you can buy it with a smaller deposit and mortgage.
Homes you can buy through shared ownership
- A new-build home
- An existing home through a shared ownership resale scheme
- A home that meets your specific needs if you have a long-term disability, for example if you require a ground floor flat.
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