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%.

Low Hill Gardens


Manor Drive, Wallasey, Wirral, CH46 0QT

Shared ownership
3-4 bedroom homes
40% share from
£121,998
Full price
£283,995
Minimum deposit
£6,100
Monthly rent
£419

Overview

Located on the Wirral peninsular. The heart of Upton Village is less than a mile away, here you will find everything you need including excellent schools, restaurants, bars and shops. Each home features open-plan, modern living spaces providing you with the perfect setting to raise your family.


Local area information

Located on the Wirral peninsular. 


Plot availability

Plot number Milford
Tenure Shared ownership
Availability Available
Bathrooms 2
Minimum share 40%
Minimum share price £119,980
Full market price £299,950
Ownership Leasehold

This four bedroom home features a bright and airy interior. The hallway leads directly into a stylish kitchen, dining, family and utility areas with glazed French doors opening onto the rear garden. Downstairs also offers a bay fronted lounge. Upstairs, the master bedroom includes an en suite shower room, three further double bedrooms and a family bathroom.

Features:

  • 4-bed house
  • Stylish kitchen/dining/family area
  • Rear garden
  • Separate living area
  • Ensuite to the master

*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: £119,980 for a 40% share
Full price from: £299,950
Minimum deposit from: £6,100
Bedrooms: 3
Bathrooms: 2

There is only one available priced at £119,980 for a 40% 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
3-4 bedroom homes
40% share from
£121,998
Full price
£283,995
Minimum deposit
£6,100
Monthly rent
£419