Shared Ownership Cornwall
Finding your first home might seem like a daunting process, that’s why here at Property Booking we aim to make your search for property through Shared Ownership in Cornwall as effortless as possible.
Shared Ownership, sometimes known as part-buy part-rent, is a Government-backed scheme which enables you to buy a share of a new property. The share you buy is usually between 25% and 75%. You then pay a low, subsidised rent on the remaining share you don’t own. This means that the amounts you need for a deposit and for your mortgage repayments are significantly lower than if you were buying outright. You borrow only what you can afford to repay.
Part-Buy Part-Rent in Cornwall
Cornwall is located at the south-most tip of England. It is bordered by coastline and Devon to the East. Its only city is Truro which has a cathedral, whilst Falmouth has the biggest population. Historically tin mining was important in the Cornish economy, however after the decline of the mining and fishing industries, tourism is now predominately the main economy.
This destination is popular with holiday seekers fascinated by its natural beauty, and is home to local delicacies such as Cornish pasties, saffron buns and Cornish ice cream.The North and South coastlines have radically different characteristics, with the North being more exposed and rugged, offering great beaches such as; Bude, Port Isaac and St Agnes. By contrast, the long sandy beaches of Newquay, Polzeath, Fistral, Watergate provide relaxation and surfing paradise. The popular towns of Padstow and St Ives add to the variety of locations that this county has to offer and due to Rick Stein's popularity, restaurants and boutique shops have flourished now making them all year round holiday destinations!
The inland region of the county offers the delights of Bodmin Moor and links to the rest of the country, via the A38 over the Tamar Bridge. The A30 and A39 provide good transport links within the county and beyond. Local connection with the neighbouring county of Devon is possible via road, however Torpoint Ferry service runs daily providing a quicker connection to Plymouth. Newquay Cornwall Airport links to the UK, Ireland and Europe.