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%.
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Langtry House,, 1 bed homes
A one bedroom ground floor flat located in Kingston available through Shared Ownership Scheme. The accommodation comprises one master bedroom, lounge, Kitchen, living room, bathroom with 3 piece suite with hand held shower over bath and hallway. Includes Standard Boiler & Immersion and double windows.
Available for £108,000 for 40% share based on the marketing figure of £270,000
SO Resi Monthly Payment - £436.87
Monthly Service Charge - £76.11
Total Monthly Charge - £512.98 PLUS MORTGAGE REQUIRED FOR 40% SHARE
A one bedroom ground floor flat located in Kingston. The accommodation comprises one master bedroom, Lounge, Kitchen, living room, bathroom with 3 piece suite with hand held shower over bath and hallway. Includes Standard Boiler & Immersion and double windows.
Sliding doors to living room
4.83m x 3.47m
3 piece suite with hand held shower over bath
4.04m x 2.84m
No external space
Energy Rating Band - C
Environmental Impact Band - C
All room dimensions approximate.
Please note figures given for SO Resi monthly payment and service charge are correct at time of marketing. There is an annual increase that takes place. Please contact us for more information.