What is Shared Ownership?
|Minimum share price||£61,250|
|Full market price||£245,000|
|Monthly service charge||£472|
Shared Ownership is a type of affordable home ownership when a purchaser takes out a mortgage on a share of a property and pays rent to a landlord on the remaining share.
For example, someone might buy a 50 per cent share in a property and pay rent to the landlord on the remaining 50 per cent. Purchasers then have the opportunity to ‘staircase’ up their share of the property, gradually increasing the proportion of their home that they own outright and therefore paying less rent on the remaining portion, until they own 100 per cent of their home.
l Built in wardrobe with hinged doors
l Impervious cut pile carpert in hospi-classic in taupe and cream
l Bristan Prism deck mounted chrome finished taps
l Vitreous china white finished basin
l Vitreous china white finished lever cistern WC
l Bristan Prism chrome finished shower slide rail, hose and multifunction hand shower
l Roca-Diva wall tilies in Base Blanco
l Roca-Creation floor tiles in Base Gris
l Sahara Brown rounded edge worktop finish
l Forbo Eternal Wood flooring
l Newport Avola White finish units*
l Forbo Millwood flooring*
l Glass hob splashback
l Stainless steel single bowl and drainer
l Chrome dual level action mixter tap
l Chrome mon bloc lever action mixer tap*
l Beko integrated single electric oven and grill with side opening door
l Beko inset electric ceramic hob with controls l Beko integrated fridge-freezer*
l Recycling bins
*Specifications are subject to change. Images are indicative only and are of previous developments.