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)

Laureates, 3 bed homes


Laureates Lane, Cockermouth, Allerdale, CA13 0HY

Shared ownership

Starting prices

50% share from
£114,975
Full price
£229,950

Overview

At The Laureates, you’ll see that it is the coming together of all these. For this is a place unlike any other; one that offers the epitome of elegant living in a breathtaking setting. An exclusive development, it has been created to leave you wanting for nothing. It offers luxury family living that goes above and beyond every expectation.

Every bit as important as the development itself is its setting in the historic market town of Cockermouth. Here you can enjoy life at a different pace. Beautiful British countryside that has inspired our most famous poets through the centuries is yours to discover.


Plot availability

Plot number Jonson
Tenure Shared ownership
Availability Available
Bathrooms 2
Minimum share 25%
Minimum share price £55,000
Full market price £220,000
Ownership Leasehold

As soon as you walk into the Jonson through the sheltered front door, you know you’re home. Set in the heart of stunning Lake District countryside, this stunning 3-bedroom property gives you the very best in contemporary living.

On the ground floor is the thoughtfully designed kitchen/diner that has stylish finishing touches throughout. Equally as impressive is the spacious living room with French doors overlooking the patio and rear garden. Upstairs you’ll find the master bedroom which not only has an en-suite but also a dressing area. Across the hallway is the family bathroom with a shower over the bath. There are also the two other well-proportioned bedrooms. Last and by no means least, an integrated single garage completes the Jonson.

  • Kitchen/dining room
  • Downstairs cloakroom 
  • Turf to rear garden 
  •  Integrated single garage
  • Sheltered front door
  • Kitchen/dining room
  • French windows from living room to paved patio in rear garden
  • Master bedroom with dressing area and en-suite
  • Family bathroom with shower over the bath
  • Home office – double sockets and phone point to bedroom 3

This stylish property comes with high quality finishes as standard including: 

  • Bosch Fan assisted oven with gas hob 
  • PVC-u double glazed windows and French doors 
  • Integrated Fridge Freezer and Washing Machine
  • Brushed steel electrical sockets and switches
  • Spotlights to kitchen, bathroom and cloakroom

Along the various build stages of a new home you also have the opportunity to install additional extras and add your personal touches without the fuss after you have moved in. 

50% ownership from £129,975

 *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: £55,000 for a 25% share
Full price from: £220,000
Bedrooms: 3
Bathrooms: 2

There is only one available priced at £55,000 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
£114,975
Full price
£229,950