What is Shared ownership?
|Minimum share price||£96,750|
|Full market price||£322,500|
|Monthly service charge||£115|
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.
Moat is pleased to release details of these two bedroom apartments and two and three bedroom houses located in Haywards Heath, Sussex.
The first homes are expected to be released early 2019 and be ready to move into from the summer.
Please register your interest to be the first to hear when these homes are launched.
Please note: Moat do not allow pets in apartments.
Priority will be given to people who live and/or work in mid Sussex. In line with government priorities, top priority for these homes at Penlands Farm is awarded to serving military personnel and former members of the British Armed Forces discharged in the last two years