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)

Heartlands, 3 bed homes


Heartlands, Driffield, East Riding of Yorkshire, YO25 5BB

Shared ownership

Starting prices

50% share from
£84,975
Full price
£169,950

Overview

A collection of stylish homes located just off Spellowgate, Driffield. Book now to view one of our homes for sale in Driffield, an attractive market town in East Yorkshire. With local amenities and a choice of historical country houses nearby, these homes will offer first time buyers the chance to get on the housing ladder, and will give families the opportunity to expand and grow. With simple access to the area’s extensive ‘A’ road network - and the nearest train station less than a mile away - commuters and those who need to travel will find these properties for sale in Driffield perfectly located.


Plot availability

Plot number Wyatt
Tenure Shared ownership
Availability Available
Bathrooms 2
Minimum share 25%
Minimum share price £40,625
Full market price £162,500
Ownership Leasehold

This fabulous 3 bedroom home is split over three floors. The living room at the rear has glazed doors leading out onto the garden. Also on the ground floor are the kitchen diner and cloakroom. To the first floor are 2 bedrooms and the family bathroom. A lobby features a staircase leading up to the master suite on the second floor which boasts an ensuite. Outside off road parking completes this lovely family home.

 *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: £40,625 for a 25% share
Full price from: £162,500
Bedrooms: 3
Bathrooms: 2

There is only one available priced at £40,625 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

50% share from
£84,975
Full price
£169,950