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)
Nobel House, 2 bed homes
Available for £72,500 for 25% share based on the marketing figure of £290000
SO Resi Monthly payment - £401.28
Monthly Service Charge - £151.32
Total Monthly Charge - £552.60 PLUS MORTGAGE REQUIRED FOR 25% SHARE
Communal entrance lobby with staircase and lift
Private entrance hall with fitted storage/airing cupboard
Bedroom 1: 3.13 x 4.37
Bedroom 2: 2.93 x 4.37
Reception room: 3.61 x 5.48
Kitchen: 3.56 x 2.07
Bathroom with WC
Private balcony accessed via reception room.
Communal grounds and areas, including bin and bike stores. Allocated parking space. Additional visitor parking spaces.
Energy Rating Band - B
Environmental Impact Band - B
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.