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%.
Hill Top View
Hill Top View is an exciting new development by Riverside Home Ownership, with 34 homes for Shared Ownership.
We have a selection of 2 and 3 bedroom houses and 2 bedroom bungalows for part buy-part rent, with shares available from 25%.
Designed in to be in keeping with the surrounding area, the properties are finished to a high standard and all include:
- Quality fitted kitchens
- Brushed steel oven, hob and cooker hood
- Ceramic wall tiled bathroom with over-bath shower and glass screen
- Fresh white paint finishes throughout
- Economical gas central heating
- Off road parking
Local area information
Situated in Bowburn, our homes benefit from a range of local amenities on the doorstep and picturesque countryside surroundings, within just a few minutes of junction 61 of the A1(M). Just 5 miles outside Durham, and around half an hour’s drive from both Newcastle and Middlesbrough, the development lies in an ideal commuter location.