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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Waltham Chase, 2-3 bed homes
100% Under Offer
Hyde New homes are pleased to be launching two and three bedroom houses in Waltham Chase, a village located in Hampshire.
Local area information
Waltham Chase has several green areas including, a children’s play area, recreation grounds, local footpaths and wildlife. Services and amenities in the village include two village stores, in one of which the post office is located, a unisex hair salon, a cycle repair shop, mobile library service and a busy village hall used by many local clubs and societies.
The major centres of Southampton, Winchester, Fareham and Portsmouth are easily accessible and offer a comprehensive range of high street shops, designer outlets and bars. The country town of Bishops Waltham with its traditional high street and shops is a short drive away.
- Botley Railway Station is the closest station to the proposed site located 3.9 miles away. Trains from Botley have direct routes to London Waterloo and trains in the opposite direction serve Portsmouth.
- Southampton Airport is 7 miles from the proposed site and offers flights to approximately 50 European destinations.
- The B2177, A32 and A334 all run close to the site. Waltham Chase is within easy access of the M27, M3 and the wider road network.
Prices are not available yet for Waltham Chase but you can register your interest to be notified when prices become available.
Plot breakdowns are not available yet for Waltham Chase but you can register your interest to be notified when prices become available.
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.