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%.
Viewings and mortgage workshop 11th January - book a place to see the property and discuss your affordability with a mortgage advisor for the shared ownership scheme.
This 2 bedroom shared ownership apartment features a fully fitted kitchen with integrated appliances and high quality fixtures and fittings. The apartment has a private winter garden and one allocated parking space.
Reserve by the end of January and receive 1 Year's free service charge worth up to £1,945 and pay just £99 reservation fee.
Share: From 25% - £65,500
Monthly Rent: £430
Monthly Service Charge: 162
Lease Length: 125 years
PRIME1 is a flagship new build development in Rochester, consisting of 53 one and two bedroom apartments available to buy through shared ownership.
Local area information
Ideally situated for commuters, PriME1 is located next to Rochester station, with trains running to London St Pancras in approx. 41 minutes, and London Victoria in approx. 46 minutes. For summer seaside away days, trains run to Whitstable, Broadstairs and Margate.
Rochester is an historic town, boasting the second largest cathedral in England, as well as being the childhood home of Charles Dickens.
To complement its historic and literary attractions, Rochester has many bars, restaurants and pubs making it a vibrant cultural hub. The high street maintains a quaint atmosphere, with boutiques, art galleries and antique shops. A flea market is held every month, making it a great place for vintage finds and local crafts.