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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Manor Park, 2-4 bed homes


Manor Park, Pontefract, Wakefield City, WF8 2HN

Shared ownership

Starting prices

50% share from
£74,975
Full price
£149,950
Minimum deposit
£3,749
Monthly rent
£172

Overview

Manor Park, Pontefract is made up of 2, 3 and 4 bedroom houses now available through Shared Ownership in Leeds.


Local area information

Situated on the outskirts of Pontefract - and close to the large Pontefract Park - families and first-time buyers will find Manor Park’s new development of homes to be their ideal location. With simple access to the wider region via the M62, commuters who want to reach the cities of Leeds and Hull by car, as well as a number of other areas, can do so easily. And with close proximity to three train stations, travel by rail makes a great number of areas in West Yorkshire and beyond accessible.
Each home at Manor Park is built to the exceptional standards that Linden Homes are renowned for. Designer kitchens and bathrooms and energy efficient fittings all come as standard, as well as a host of other features. With our marketing suite now open, there has never been a better time to come and reserve your new Manor Park home.
A new home at Manor Park will give you;
• A stunning, modern home ideally positioned for commuters and families
• Easy access to the M62 motorway
• A choice of good local schools for all ages
*Images are for illustrative purposes only. Please speak to Sales Adviser for full details*


Plot availability

Plot number Mylne
Tenure Shared ownership
Availability Available
Bathrooms 2
Minimum share 50%
Minimum share price £136,475
Full market price £272,950
Ownership Leasehold

A 4 bedroom detached home with garage, The Mylne offers a spacious kitchen/dining area, separate living room and cloakroom. In addition to the family bathroom, bedroom 1 has an en-suite.

Features:

  • Detached garage
  • Downstairs cloakroom/wc
  • Open plan kitchen and dining
  • White sanitaryware with chrome finish taps
  • Fitted kitchen with worktop and upstand
  • Double undercounter oven/4 burner gas hob/Hob extractor/Stainless steel splashback to hob
  • Integrated fridge freezer
  • Gas fired condensing boiler
  • Low energy external light to front door

 *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: £136,475 for a 50% share
Full price from: £272,950
Minimum deposit from: £3,749
Bedrooms: 4
Bathrooms: 2

There is only one available priced at £136,475 for a 50% 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
£74,975
Full price
£149,950
Minimum deposit
£3,749
Monthly rent
£172