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)

Wistaston Brook, 2-3 bed homes


Drake Place, Crewe, Cheshire East, CW2 8EP

Shared ownership

Starting prices

40% share from
£52,000
Full price
£130,000
Minimum deposit
£2,600
Monthly rent
£179

Overview

Whether you are a first time buyer, looking for a bigger family home, or wanting to downsize; Cerris Homes are offering something for everyone here at Wistaston Brook with our stunning collection of 2 bedroom apartments and 2 and 3 bedroom houses. Living here you are surrounded by the beautiful Cheshire countryside, the village of Wistaston boasts a bowling green, tennis courts and recreation grounds and woodlands.


Local area information

You’re only short distance from Crewe’s town centre, where you will find an array of shops, bars, and restaurants. If a local market town is more you scene, then Nantwich offers a vast selection of boutiques, antique dealers and contemporary craft shops. 


Plot availability

Plot number 137
Tenure Shared ownership
Availability Available
Bathrooms 1
Minimum share 40%
Minimum share price £52,000
Full market price £130,000
Monthly rent £179
Ownership Leasehold

Coming February 2021!

The Shelley house type is a beautiful two bedroom apartment, offering a spacious open plan living with kitchen/living area, with a family bathroom and 2 good sized bedrooms.

 

https://www.cerrishomes.co.uk/view-property/property/shelley-171/ 

Plot number 287
Tenure Shared ownership
Availability Coming soon
Bathrooms 1
Minimum share 40%
Minimum share price £64,000
Full market price £160,000
Monthly rent £220
Ownership Leasehold

Coming in May 2021!

The Sinclair house type is a 2 bedroom home offering a spacious lounge and open plan kitchen & dining area with a door leading to the garden. 

The first floor offers a family bathroom with plenty of storage and two good sized bedrooms perfect for someone after downsizing or starting a family.

Shared ownership - minimum 40% share

Plot number 288
Tenure Shared ownership
Availability Coming soon
Bathrooms 1
Minimum share 40%
Minimum share price £64,000
Full market price £160,000
Monthly rent £220
Ownership Leasehold

Coming in May 2021!

The Sinclair house type is a 2 bedroom home offering a spacious lounge and open plan kitchen & dining area with a door leading to the garden. 

The first floor offers a family bathroom with plenty of storage and two good sized bedrooms perfect for someone after downsizing or starting a family.

Shared ownership - minimum 40% share

Plot number 289
Tenure Shared ownership
Availability Coming soon
Bathrooms 1
Minimum share 40%
Minimum share price £64,000
Full market price £160,000
Monthly rent £220
Ownership Leasehold

Coming in May 2021!

The Sinclair house type is a 2 bedroom home offering a spacious lounge and open plan kitchen & dining area with a door leading to the garden. 

The first floor offers a family bathroom with plenty of storage and two good sized bedrooms perfect for someone after downsizing or starting a family.

Shared ownership - minimum 40% share

Plot number 290
Tenure Shared ownership
Availability Coming soon
Bathrooms 1
Minimum share 40%
Minimum share price £64,000
Full market price £160,000
Monthly rent £220
Ownership Leasehold

Coming in May 2021!

The Sinclair house type is a 2 bedroom home offering a spacious lounge and open plan kitchen & dining area with a door leading to the garden. 

The first floor offers a family bathroom with plenty of storage and two good sized bedrooms perfect for someone after downsizing or starting a family.

Shared ownership - minimum 40% share

Plot number 292
Tenure Shared ownership
Availability Coming soon
Bathrooms 1
Minimum share 40%
Minimum share price £64,000
Full market price £160,000
Monthly rent £220
Ownership Leasehold

Coming in May 2021!

The Sinclair house type is a 2 bedroom home offering a spacious lounge and open plan kitchen & dining area with a door leading to the garden. 

The first floor offers a family bathroom with plenty of storage and two good sized bedrooms perfect for someone after downsizing or starting a family.

Shared ownership - minimum 40% share

Plot number 79
Tenure Shared ownership
Availability Available
Bathrooms 1
Minimum share 40%
Minimum share price £80,000
Full market price £200,000
Monthly rent £275
Ownership Leasehold

The Sorley house type is the perfect home for modern living, it offers spacious lounge and open plan kitchen & dining area with utility area and door leading to the garden. The first floor offers a family bathroom with storage and three good sized bedrooms perfect for families

*£500 Love2Shop vouchers if resereved before end of October 2020*


FAQ's

Min share price from: £52,000 for a 40% share
Full price from: £130,000
Minimum deposit from: £2,600
Monthly rent from: £179
Bedrooms: 2
Bathrooms: 1

There are 7 available ranging from £52,000 for a 40% share to £80,000 for a 40% 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.

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

Housing Provider

Cerris Homes
Shared ownership

Starting prices

40% share from
£52,000
Full price
£130,000
Minimum deposit
£2,600
Monthly rent
£179