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%.

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Destiny, 2-4 bed homes


Destiny, Doncaster, Doncaster, DN6 7FB

Shared ownership

Starting prices

25% share from
£57,500
Full price
£230,000
Minimum deposit
£2,875
Monthly rent
£395

Overview

Destiny, Doncaster is made up of 2 to 4-bedroom houses now available on part buy - part rent.


Local area information

Destiny is a collection of two, three and four bedroom homes off Malton Way in the Woodlands area of Doncaster. Conveniently positioned close to the town centre, Woodlands is surrounded by villages with thriving communities. 


Plot availability

Plot number Paris
Tenure Shared ownership
Availability Available
Bathrooms 1
Minimum share 25%
Minimum share price £57,500
Full market price £230,000
Ownership Leasehold

The Paris is a spacious family home with four good-sized bedrooms and an open-plan kitchen and dining area. The lounge is found at the front of the home with a large window that floods the room with natural light. It’s an ideal space to entertain family and friends. There is a door from the lounge into the dining and kitchen area, as well as access from the central hallway. There are French doors leading on the rear garden, and a utility room with separate access to the garden. The Paris has a ground floor cloakroom and a large integral garage with driveway.

Upstairs on the first floor, four spacious bedrooms lead off a central landing. The master bedroom has two windows creating a bright and airy atmosphere. It also has an ensuite. The family bathroom has a Villeroy & Boch suite.

50% shares from £117,500

 

 *Images are for illustrative purposes only. Please speak to Sales Adviser for full details*

**Prices vary across plots please speak to a sales advisor for more information**


FAQ's

Min share price from: £57,500 for a 25% share
Full price from: £230,000
Minimum deposit from: £2,875
Bedrooms: 4
Bathrooms: 1

There is only one available priced at £57,500 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

Heylo Housing
Shared ownership

Starting prices

25% share from
£57,500
Full price
£230,000
Minimum deposit
£2,875
Monthly rent
£395