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%.
VIRIDO is a new development built by award-winning house builders Hill. This new complex of 1, 2 and 3-bed apartments, duplexes and houses are available through shared ownership in Cambridge and have just been awarded the London ECO-Living award at the London Evening Standard new homes award on May 2017.
Local area information
The grounds around VIRIDO are a hive of activity offering - Hobsons Square - bringing community facilities such as a new community health centre / library / shops and offices. The square will also promote a transport hub, space for food markets and musical events. Country Park - A 120-acre country park, offering woodlands, a bird reserve, 4 ponds, allotments, playing fields and is home to the new secondary school.