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%.
Read more about Shared ownership (Opens in new window)
Wallace Grove, 2 bed homes
Two bedroom end terrace house offered by SO Resi for shared ownership sale in Reading. The accommodation comprises of one master bedroom with wardrobe, second bedroom, lounge with access to rear garden, fitted kitchen, bathroom with 3 piece suite with shower over bath, W.C and hallway, also includes rear garden, two allocated parking spaces and has good local amenities. It's the perfect family started home.
A two bedroom end of terrace house located in Reading
Also available for £128,000 for 40% share - details below:
SO Resi Monthly Payment - £542.76
Monthly Service Charge - £20.75
Total Monthly Charge - £563.51 PLUS MORTGAGE REQUIRED FOR 40% SHARE
2.06m x 3.66m
Door to rear garden
Cupboard under stairs
4.43m x 4.28m
3 piece suite with shower over bath
Cupboard over stairs
3.26m x 3.34m + 1.17m x 0.33m + 0.70m x 1.30m
4.28m x 2.64m
Front pathway only
Rear garden - decking and artificial grass
2 allocated parking spaces
Energy Rating Band - C
Environmental Impact Band - C
All room dimensions approximate.
Please note figures given for SO Resi monthly payment and service charge are correct at time of marketing. There is an annual increase that takes place. Please contact us for more information.