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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Queens Drive, 2-3 bed homes
Introducing Queen's Drive, a collection of modern 2 & 3 bedroom homes for sale through Shared Ownership on behalf of Peaks & Plains Housing Trust, part of the popular Pear Tree Meadows development by Bovis Homes.
Shared Ownership is a part-buy, part-rent scheme for people who can't afford to buy a home with a commercially-available mortgage. It's backed by the government, and is a way to buy a share in a home now with the option to buy more of it in the future. You'll need a minimum level of income/savings depending on the value of the home you want to buy.
Each home features light, spacious rooms finished to a high specification. Kitchens include contemporary fitted units, an electric oven with gas hob and extractor fan. Homes also include modern fitted bathrooms with tiling and luxury vinyl flooring to both kitchen and bathrooms. Allocated parking also included.
Local area information
Nantwich is a thriving market town situated on the banks of the River Weaver. This
medieval market town is famous for the black and white timbered buildings dotted around the town. You can take a stroll through the atmospheric streets and visit bijoux boutiques or antiques dealers as well as traditional food shops and the Farmers Market which is held on the last Saturday of every month in Nantwich Square.