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)

Hampton Lea, 3 bed homes


Malpas, Cheshire, Malpas, Cheshire West and Chester, SY14 8EW

Shared ownership

Starting prices

25% share from
£35,625
Full price
£142,500
Minimum deposit
£2,375
Monthly rent
£218

Overview

Offering a mix of 3 bedroom semi-detached and town houses now available for sale with Shared Ownership. Ideal for first time buyers and growing families.

 


Local area information

Life in Malpas

Malpas is a lovely picturesque village in south Cheshire.

St Oswald’s, a 14th century church, stands at the highest point of the village and is also near the site of a Norman Motte and bailey castle.

For foodies, there is a regular Farmer’s Market and for those who prefer a nice pub, the village has several.

Hampton Lea is just a 5 minute walk from the local primary school and the local secondary school is an Ofsted ‘Outstanding’ provider.

Malpas is a also great base for exploring Cheshire, Shropshire and North Wales.


Plot availability

Plot number 56
Tenure Shared ownership
Availability Available
Bathrooms 1
Minimum share 25%
Minimum share price £35,625
Full market price £142,500
Monthly rent £218
Monthly service charge TBC

Stunning 3 bedroom town houses built to a high specification in the lovely village of Malpas. If you are looking for a stunning but affordable new home in a desirable location your search ends here.

Choosing Shared Ownership can make owning your own home achievable and affordable, with prices for a 25% share starting at £47,500.

Key Features:

  • Modern fitted kitchen
  • Integrated oven and hob
  • Vinyl flooring
  • Turfed and fenced rear garden
  • Allocated parking
Plot number 46
Tenure Shared ownership
Availability Available
Bathrooms 1
Minimum share 25%
Minimum share price £38,440
Full market price £153,750
Monthly rent £235
Monthly service charge TBC

Stunning 3 bedroom town houses built to a high specification in the lovely village of Malpas. If you are looking for a stunning but affordable new home in a desirable location your search ends here.

Choosing Shared Ownership can make owning your own home achievable and affordable, with prices for a 25% share starting at £47,500.

Key Features:

  • Modern fitted kitchen
  • Integrated oven and hob
  • Vinyl flooring
  • Turfed and fenced rear garden
  • Allocated parking

FAQ's

Min share price from: £35,625 for a 25% share
Full price from: £142,500
Minimum deposit from: £2,375
Monthly rent from: £218
Bedrooms: 3
Bathrooms: 1

There are 2 available ranging from £35,625 for a 25% share to £38,440 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.

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

Housing Provider

HomesHub
Shared ownership

Starting prices

25% share from
£35,625
Full price
£142,500
Minimum deposit
£2,375
Monthly rent
£218