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)
Overton Court, 1 bed homes
One bedroom flat available through Shared Ownership Scheme
Available for £90,000 for 50% share based on the marketing figure of £180,000
SO Resi Monthly Payment - £199.92
Monthly Service Charge - £102.28
Total Monthly Charge - £302.20 PLUS MORTGAGE REQUIRED FOR 50% SHARE
Please note that priority will be given to applicants who live or work within the Local authority of Guildford.
Water Cylinder Cupboard
Modern fitted kitchen
2.4m x 2.32m
4m x 5m
3 piece suite with shower over bath
3.93m x 3.1m
One allocated parking space
Energy Rating Band - B
Environmental Impact Rating 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.