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%.

Hyde New Homes at Springhead Park


Ebbsfleet, Swale, DA11

Shared ownership
Studio -2 bedroom homes
40% share from
£110,000
Full price
£275,000
Minimum deposit
£11,000

Overview

A selection of two and three bedroom houses available to purchase through the Shared Ownership scheme, at Springhead Park, Ebbsfleet, Kent.

Phase 2 has launched off plan and is now all under offer.


Local area information

Springhead Park – London meets the Garden of England. Set in Ebbsfleet Garden City, a thriving modern community in Kent with great local transport links and leisure facilities.


Plot availability

Plot number TBC
Tenure Shared ownership
Availability Coming soon
Bathrooms 2
Full market price TBC

Register your interest in Phase Three - Launching Summer 2019

Shared Ownership houses set in thriving community in Ebbsfleet Garden City. Ideally located for easy access to good schools, travelling to Central London and Paris via Ebbsfleet International Terminal.


FAQ's

Prices are not available yet for Hyde New Homes at Springhead Park but you can register your interest to be notified when prices become available.

Plot breakdowns are not available yet for Hyde New Homes at Springhead Park but you can register your interest to be notified when prices become available.

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

Hyde New Homes
Shared ownership
Studio -2 bedroom homes
40% share from
£110,000
Full price
£275,000
Minimum deposit
£11,000