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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Duchess Court, 2 bed homes


Duchess Court, Welwyn Garden City, Welwyn Hatfield, al7 4FP

Shared ownership

Starting prices

55% share from
£173,250
Full price
£315,000
Minimum deposit
£8,663
Monthly rent
£342
Monthly service charge
£88

Overview

This light, modern and well planned first floor 2 bedroom apartment forms part of a contemporary development.

First Floor Apartment
Spacious Lounge
Two Double Bedrooms Modern Open Plan
Kitchen
Bathroom/WC
Generous South-East Facing Private Terrace
Secure Allocated Parking Space
Residents Bike Storage Facility
Lift/Stair Access
Communal Area
Video Entry Phone System
Excellent Condition


Local area information

Adjoining extensive woodland and within easy access of the multitude of shops, restaurants, cafes, local amenities, leisure facilities and transport links that Welwyn Garden City offers. These include Welwyn Garden City, Hatfield and Welwyn North Overground Stations giving speedy access to the city, west end and beyond. The A1 is close by. Nearby leisure facilities include Stanborough Park and the Gosling Sports Centre.

 


FAQ's

Prices are not available yet for Duchess Court but you can register your interest to be notified when prices become available.

Plot breakdowns are not available yet for Duchess Court but you can register your interest to be notified when prices become available.

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

Origin Housing
Shared ownership

Starting prices

55% share from
£173,250
Full price
£315,000
Minimum deposit
£8,663
Monthly rent
£342
Monthly service charge
£88