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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Pembroke Place, 1 bed homes
One bedroom apartment
Allocated parking space
Close to local amenities in Knowle, Hampshire
A one bedroom first floor apartment located in Knowle, Hampshire available through the Shared Ownership SchemeAvailable for £36,250 for 25% share based on the marketing figure of £145,000.
SO Resi Monthly Payment - £297.74
Monthly Service Charge - £110.18
Total Monthly Charge - £407.92 PLUS MORTGAGE REQUIRED FOR 25% SHARE
Minimum income requirement - £15,153
Buy more shares for a minimum of 10%
This spacious first floor flat in Knowle, Hampshire is now available for sale through the Shared Ownership Scheme. The property is newly decorated and comprises one double bedroom, fitted modern kitchen, living area and bathroom. The property benefits from new panel heaters, fitted electric appliances and airing cupboard with washing machine.
Energy Rating Band - B
Environmental Impact Band - C
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.