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%.

Bluebrook


Bluebrook Avenue, Poulton le Fylde, Wyre, FY6 9EU

Shared ownership
3 bedroom homes
25% share from
£41,750
Full price
£167,000
Minimum deposit
£2,088
Monthly rent
£287

Overview

Register your interest to be contacted about a viewing

The Beck house type at our Bluebrook development is a delightful three bedroom semi - detached property for both families and couples alike. The ground floor has an open plan design and contains a beautifully fitted kitchen, dining area and lounge space with patio doors that open out to a private rear garden, ideal for entertaining.  To the first floor of The Beck, you will find a great sized master bedroom with en-suite, two further bedrooms, and a good family sized bathroom. The home also benefits from a driveway for space for two cars.


Local area information

In Hambleton, you’re perfectly placed to enjoy everything the North West has to offer. For a day at the beach or fairground, Blackpool is less than 20 minutes away by car. If you enjoy walking, you’re close to some of the most beautiful places in the country, with the Lake District, Yorkshire Dales and the Forest of Bowland all on your doorstep.


Plot availability

Plot number 1
Tenure Shared ownership
Availability Available
Bathrooms 3
Minimum share 25%
Minimum share price £41,750
Full market price £167,000
Monthly rent £287
Monthly service charge TBC

FAQ's

Min share price from: £41,750 for a 25% share
Full price from: £167,000
Minimum deposit from: £2,088
Monthly rent from: £287
Bedrooms: 3
Bathrooms: 3

There are 5 available ranging from £41,750 for a 25% share to £41,750 for a 25% share.

It’s the same as buying on the open-market but you’re buying a share of a property, so therefore pay a mortgage on the part you own.

An independent mortgage advisor can help suggest which type of mortgage might be best for you, based on your situation.

Leasehold, which is essentially the contract for the share you've bought.

It means you've got the right to keep your home for a certain number of years (usually at least 125), but the land belongs to someone else. Your lease also sets out how much you need to pay each month, your responsibilities while living there and all the details of your agreement with the housing association. Make sure you go through it and ask lots of questions.

Your solicitor can help you with this.

Yes, but it all depends on your lease (your contract with the housing association) so check it thoroughly and ask questions before you buy.

Housing Provider

Redwing
Shared ownership
3 bedroom homes
25% share from
£41,750
Full price
£167,000
Minimum deposit
£2,088
Monthly rent
£287