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)

Broadmeadows, 2-3 bed homes


Browney Lane, Durham, Durham County, DH7 8HT

Shared ownership

Starting prices

25% share from
£32,499
Full price
£129,995
Minimum deposit
£1,625
Monthly rent
£254

Overview

Kickstart your home ownership journey with a deposit from as little as £2,125.

Register your interest today. 


Local area information

Popular with growing families and commuting professionals, the village of Browney in County Durham, is just 3 miles from Durham. The area offers leisure, entertainment and cultural facilities in rural surroundings, including a local deli, pharmacy and restaurants.


Plot availability

Plot number The Knightsbridge
Tenure Shared ownership
Availability Available
Bathrooms 2
Minimum share 25%
Minimum share price £42,499
Full market price £169,995
Monthly rent £318
Ownership Leasehold

As part of our Shared Ownership scheme, this home is available to purchase from a 25% share of £42,499 and a deposit as little as £2,125!

Shared Ownership is another way to buy your own home. You buy a percentage, and pay rent on the rest. Thirteen own 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 and you can also carry on buying shares to own your home 100%!

As a 3 bedroom, semi-detached home with off street parking spaces, this Knightsbridge home is perfect for growing families looking for their dream home. Popular with growing families and commuting professionals, the village of Browney in County Durham, is just 3 miles from Durham. The area offers leisure, entertainment and cultural facilities in rural surroundings, including a local deli, pharmacy and restaurants.

The Knightsbridge home includes features such as:

  • Designer kitchen
  • Open plan kitchen/dining area
  • Spacious living area
  • Bi-folding doors opening out into the garden
  • Downstairs WC
  • Under-stairs storage cupboard
  • Large master bedroom with en-suite
  • Additional doulbe bedroom and generous single room
  • Contemporary sanitaryware
  • Heated towel rail
  • Heating controlled by Hive wireless thermostat

Estimated monthly finances on a Knightsbridge:

  • 25% share: £42,499
  • 5% deposit: £2,125
  • Total rent (pcm): £318

*Please note photography used is for illustration purposes. Share offered is dependant on individual financial situation and may differ from those shown. 5% typical deposit required by mortgage lender, when mortgage is required. Actual deposit may vary based on lender and personal circumstances.

Plot number The Stourbridge
Tenure Shared ownership
Availability Available
Bathrooms 2
Minimum share 25%
Minimum share price £51,499
Full market price £205,995
Monthly rent £380
Ownership Leasehold

As part of our Shared Ownership scheme, this home is available to purchase from a 25% share of £51,499 and a deposit as little as £2,575!

Shared Ownership is another way to buy your own home. You buy a percentage, and pay rent on the rest. Thirteen own 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 and you can also carry on buying shares to own your home 100%!

As a 3 bedroom, detached home with off street parking spaces, this Stourbridge home is perfect for growing families looking for their dream home. Popular with growing families and commuting professionals, the village of Browney in County Durham, is just 3 miles from Durham. The area offers leisure, entertainment and cultural facilities in rural surroundings, including a local deli, pharmacy and restaurants.

The Stourbridge home includes features such as:

  • Designer kitchen
  • Open plan kitchen/dining area
  • Spacious living area
  • Bi-folding doors opening out into the garden
  • Downstairs WC
  • Under-stairs storage cupboard
  • Large master bedroom with en-suite
  • Additional doulbe bedroom and generous single room
  • Contemporary sanitaryware
  • Heated towel rail
  • Heating controlled by Hive wireless thermostat

Estimated monthly finances for a Stourbridge:

  • 25% share: £51,499
  • 5% deposit: £2,575
  • Total rent (pcm): £380

*Please note photography shown is for illustration purposes. Share offered is dependant on individual financial situation and may differ from those shown. 5% typical deposit required by mortgage lender, when mortgage is required. Actual deposit may vary based on lender and personal circumstances. 


FAQ's

Min share price from: £42,499 for a 25% share
Full price from: £169,995
Minimum deposit from: £1,625
Monthly rent from: £318
Bedrooms: 3
Bathrooms: 2

There are 2 available ranging from £42,499 for a 25% share to £51,499 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.

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

Housing Provider

Thirteen
Shared ownership

Starting prices

25% share from
£32,499
Full price
£129,995
Minimum deposit
£1,625
Monthly rent
£254