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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Saffron Walden, 1 bed homes


Water Tower Place, Saffron Walden, Uttlesford, CB11 4GA

Shared ownership

Starting prices

70% share from
£150,500
Full price
£215,000
Minimum deposit
£7,525
Monthly rent
£127
Monthly service charge
£90

Overview

This one bedroom first floor apartment is an ideal opportunity for a first time buyer to get on to the property ladder with Hastoe. It is being sold under the shared ownership scheme whereby you purchase a share in the property and pay a reduced rent on the remaining Hastoe equity. 

 


Local area information

Saffron Walden is a market town in the Uttlesford district of Essex, England, 12 miles north of Bishop's Stortford, 15 miles south of Cambridge and 43 miles north of London


Housing Provider

Hastoe
Shared ownership

Starting prices

70% share from
£150,500
Full price
£215,000
Minimum deposit
£7,525
Monthly rent
£127
Monthly service charge
£90