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)
Cedar House1, 1 bed homes
One bedroom flat available through our Shared Ownership Scheme
Available for £94,500 for 30% share based on a market value of £315,000
SO Resi Monthly Payment - £608.38
Monthly Service Charge - £130.85
Total Monthly Charge - £739.23 PLUS MORTGAGE REQUIRED FOR 30% SHARE
A well presented one bedroom flat in good condition. The accommodation comprises of private entrance hall, kitchen, reception room, bedroom and bathroom with wc. Outside there are well-kept communal grounds and areas, including bin and bike stores.
Please note that applicants that live/ work in the local authority of Richmond with be given priority.
Two fitted storage cupboards
2.12 x 3.46
Good range of units
Space for fridge/freezer and washing machine
3.20 x 5.56
2.95 x 4.10
Bathroom with wc
Three piece white suite
Shower over bath
Well-kept communal grounds and areas
Including bin and bike stores
Energy Rating Band - B
Environmental Impact Band - B
All room dimensions approximate.
Please note figures given for SO Resi monthly payment and service charge are correct at time of marketing. There is an annual increase that takes place. Please contact us for more information.