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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Forge Weir View, 2-3 bed homes


Forge Weir View, Low Road, Lancaster, Lancaster City, LA2 6NX

Shared ownership

Starting prices

50% share from
£87,500
Full price
£175,000
Minimum deposit
£4,375
Monthly rent
£201

Overview

Forge Weir View, Halton, is made up of 2 & 3 bedroom homes now available through part buy-part rent. 


Local area information

Welcome to Forge Weir View, an exclusive development of family homes set in the village of Halton, just an eight-minute drive from Lancaster city centre and two minutes from the M6 J34.

The idyllic semi-rural setting provides all you could want from village life, with woodland and riverside walks, parks and a thriving community centre, all set on the outskirts of an Area of Outstanding Natural Beauty.

This, with the convenience of a doctors surgery and pharmacy, shops, pub and post office on your doorstep, plus a popular Ofsted 'Outstanding' primary school, make Forge Weir View the ideal location for a family home in the North West.

*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**


Plot availability

Plot number The Clough - 3 bedroom
Tenure Shared ownership
Availability Available
Bathrooms 1
Minimum share 50%
Minimum share price £97,500
Full market price £195,000
Ownership Leasehold

The Clough is a stylish 3 bedroom townhouse, featuring a modern open plan layout. The property boasts the perfect space for entertaining, with a German-engineered Pronorm kitchen and a living area that opens out onto a private rear garden.

To the first floor, The Clough offers a spacious master bedroom, second double bedroom, single bedroom or home office. A contemporary family bathroom with luxury fittings completes the first-floor layout.

Features:

  • 3-bedroom house
  • Fitted kitchen
  • Fitted cooker plus electric hob & extractor
  • Integrated fridge/freezer
  • Fully fitted bathroom
  • Chrome heated towel rail
  • Private garden to front and rear
  • Private driveway with parking for 2 vehicles

*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: £97,500 for a 50% share
Full price from: £195,000
Minimum deposit from: £4,375
Bedrooms: 3
Bathrooms: 1

There is only one available priced at £97,500 for a 50% 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

50% share from
£87,500
Full price
£175,000
Minimum deposit
£4,375
Monthly rent
£201