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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Minehead over 55 Age Friendly, 2 bed homes
There are overall 54 apartments with 21 within the development for shared-ownership, served by a brand new community café and treatment room with health services and treatments on your doorstep.
Local area information
Each newly built home has modern eco-features, including new energy efficient boilers and full double-glazing, making them inexpensive to heat and maintain.
There are 54 apartments within the development, served by a brand new community café and treatment room with health services and treatments on your doorstep.
Homes are available for OPSO (Older Persons Shared Ownership) offering the chance to move or downsize to a more suitable home. The properties suit a range of buyers – from single occupants or couples with enough space for the family to visit.
The apartments benefit from a community café providing somewhere to relax, eat, meet friends and socialise. The onsite treatment room is a unique resource offering a range of health services and treatments.
Older Persons Shared Ownership is a popular government backed scheme that allows you to buy a share of your new home.
The development is just half a mile from the bustling Burton Road area where you are spoilt for choice for excellent restaurants, pubs and bars.
There are lots of places within walking distance to enjoy nature, including Chorlton Water Park and Chorlton Nature Reserve.
For those wanting to keep fit and healthy, the much loved Withington Baths & Leisure Centre is close by.
Local supermarkets include Sainsbury’s, Morrisons and ALDI.