Penlands Green

Plot: 102

Tenure Shared ownership
What is Shared Ownership?
Availability Available
Minimum share 30%
Minimum share price £103,500
Full market price £345,000
Monthly rent £553
Monthly service charge £55
Plot 102
Beds 2
Bathrooms 2

Shared Ownership is a type of affordable home ownership when a purchaser takes out a mortgage on a share of a property and pays rent to a landlord on the remaining share.

For example, someone might buy a 50 per cent share in a property and pay rent to the landlord on the remaining 50 per cent. Purchasers then have the opportunity to ‘staircase’ up their share of the property, gradually increasing the proportion of their home that they own outright and therefore paying less rent on the remaining portion, until they own 100 per cent of their home.

Housing Provider

Overview

  • Fully fitted Symphony Woodbury range gloss kitchen in ivory with dark ash worktop and glass splashback.
  • Integrated Zanussi appliances including oven, gas hob, extractor hood, washer/dryer and fridge freezer.
  • Contemporary fully fitted Armitage Shanks bathroom with shower, screen and heated towel rail.
  • Porcelanosa ceramic tiling flooring to kitchen/dining area. Tarkett Goliath vinyl to bathroom. Carpet to remaining areas.
  • Central heating
  • One allocated parking space
  • 10-year NHBC warranty.
Illustration by: James Halsall

Register Interest

Register your interest to be contacted by a housing provider. You will need to provide basic eligibility criteria during the register interest process.

Trusted by

Southern Complete Moves Mayor or London National Housing Federation Moat Homes