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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St. John's Walk, 2 bed homes


St. John's Walk, Poulton le Fylde, Wyre, FY6 7EU

Shared ownership

Starting prices

50% share from
£69,975
Full price
£139,950
Minimum deposit
£3,499
Monthly rent
£160

Overview

St. John's Walk, Poulton-le-Fylde is made up of 2 houses now available on part buy - part rent. 


Local area information

St. John's Walk is a superb new development of 2 bedroom family homes, set in the desirable ancient market town of Poulton-le-Fylde. Ideal for commuters, St. John’s Walk is just a short drive from the region's motorway network including the M55.

*Images are for illustrative purposes only. Please speak to Sales Adviser for full details*


Plot availability

Plot number Oakmere - 2 bed
Tenure Shared ownership
Availability Available
Bathrooms 1
Minimum share 50%
Minimum share price £69,975
Full market price £139,950

These stylish apartments are an ideal choice for first-time buyers or young professionals wishing to get on the property ladder.

Constructed to the highest specifications these apartments are built with practicality in mind and include large lounge/dining, adjoining kitchen, two good sized bedrooms and three piece bathroom.

*Images are for illustrative purposes only. Please speak to Sales Adviser for full details*

Luxury Fitted Kitchen with Choice of Finishes,
Stainless Steel Double Electric Oven & 5 Ring Gas Hob,
Integrated Fridge Freezer and Dishwasher,
Downlights to Kitchen,
Chrome Heated Towel Rail,


FAQ's

Min share price from: £69,975 for a 50% share
Full price from: £139,950
Minimum deposit from: £3,499
Bedrooms: 2
Bathrooms: 1

There is only one available priced at £69,975 for a 50% share.

It’s the same as buying on the open-market but you’re buying a share of a property, so therefore pay a mortgage on the part you own.

An independent mortgage advisor can help suggest which type of mortgage might be best for you, based on your situation.

Leasehold, which is essentially the contract for the share you've bought.

It means you've got the right to keep your home for a certain number of years (usually at least 125), but the land belongs to someone else. Your lease also sets out how much you need to pay each month, your responsibilities while living there and all the details of your agreement with the housing association. Make sure you go through it and ask lots of questions.

Your solicitor can help you with this.

It all depends on your lease (your contract with the housing association) so check it thoroughly and ask questions before you buy.

Housing Provider

Heylo Housing
Shared ownership

Starting prices

50% share from
£69,975
Full price
£139,950
Minimum deposit
£3,499
Monthly rent
£160