Shared Ownership Cumbria

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    At The Laureates, you’ll see that it is the coming together of all these. For this is a place unlike any other; one that offers the epitome of elegant living in a breathtaking setting. An exclusive development, it has been created to leave you wanting for nothing. It offers luxury family living that goes above and beyond every expectation.

    Every bit as important as the development itself is its setting in the historic market town of Cockermouth. Here you can enjoy life at a different pace. Beautiful British countryside that has inspired our most famous poets through the centuries is yours to discover.

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    Your household income does not exceed £80,000 per annum
    You have a deposit (at least 5% of the share value)
    You are a first-time buyer or used to own a home, but cannot afford to buy outright now
    You currently occupy a shared ownership property and are looking to move
    The shared ownership property will be your principle and only home
    You have passed a financial assessment, demonstrating you are financially able to purchase the minimum share value and support the monthly costs

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    Laureates

    Cockermouth, CA13 0HY

    At The Laureates, you’ll see that it is the coming together of all these. For this is a place unlike...

Shared Ownership Cumbria


Part buy part rent Cheshire

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 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.

Read more about What is Shared Ownership?

 

Cumbria is the most North-Western county in England, famed for its areas of oustanding natural beauty, such as The Lake District National Park and the Eden Valley. It has much to offer for those seeking adventure in the lakes and mountains, as well as those looking for tranquility in the beautiful countryside.

Cumbria is easily reached by road and rail, having great access to the M6 motorway, as well as having the advantage of The West Coast Railway line from London Euston to Glasgow, running through the county, stopping at Carlisle, Penrith and Oxenholme. Historic rail links are also maintained by the continued restoration of The Settle-Carlisle Railway.