Shared ownership is another way to buy your own home. You buy a percentage, and pay rent on the rest. The housing association owns part of it — but you’re living there, you decorate it, and you decide when to sell.
Buying a percentage means a smaller deposit and smaller mortgage. It’s a sooner first step on the ladder for lots of people. Usually, you can also carry on buying shares, to own it 100%.
Read more about Shared ownership (Opens in new window)
Birnam Mews, 1-3 bed homes
From Monday 23 March we will be closing our sales and marketing suites. Our Sales Team are still on hand and will be conducting all appointments via phone, email and where possible by virtual tour. We are taking these extra precautions to ensure the health and wellbeing of our customers, staff and members of the public.
Speak with a Sales Associate to receive a tailored package of offers – just for you!*
About The Development
Available through Shared Ownership, Birnam Mews will offer the ultimate lifestyle for those who want to choose their pace in life. The development is located just 1.5 miles away from the attractive market town of Stratford-Upon-Avon. The town has more than 800 years of history, best known for being home to the world’s most famous playwright, William Shakespeare.However, that is not all. The blend of heritage, culture, theatre, arts and gardens along with a thriving community offers a wide variety of leisure and shopping experiences. There is also a great selection of restaurants and bars to experience before you take the scenic route alongside the River Avon as you wander back to your peaceful countryside retreat.
At L&Q, we place an emphasis on quality and all of our homes at Birnam Mews come with a high specification. The homes are also larger than a standard new build property which brings benefits such as additional storage and more space for you and your family to enjoy
- Prices from £57,500 for a 25% share of a 1 bedroom house. Full purchase of £230,000
- Prices from £139,000 for a 40% share of a 2 bedroom house. Full purchase price of £347,500
- Prices from £156,000 for a 40% share of a 3 bedroom house. Full purchase price of £390,000
Unfamiliar with Shared Ownership?
With Shared Ownership you purchase a share of between 25%-75% of a home and pay subsidised monthly rent on the remaining share*. It’s a great opportunity for anyone who is unable to afford to purchase a home outright on the open market but still wants to step foot onto the property ladder.
Learn about about a virtual tour today!
To learn more about the homes we have on offer and speak with our dedicated Sales Associate, please visit our marketing suite today.
Please note that all applicants are required to register with L&Q and Help to Buy Midlands and London for Shared Ownership.
Prices, share requirements and eligibility criteria to be confirmed. Terms and conditions apply. Service charge will not have to be paid for 12 months. This cost will be deducted from the completion statement. Incentive will only be paid on plots that complete.
*Please visit L&Q's Coronavirus FAQ page for more detail on the processes and extra measures we are employing during this time or speak to your Sales Advisor.