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

25% share from
£32,500
Full price
£130,000
Monthly rent
£223

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 19
Tenure Shared ownership
Availability Available
Bathrooms 1
Minimum share 25%
Minimum share price £32,500
Full market price £130,000
Monthly rent £223
Plot number 21
Tenure Shared ownership
Availability Available
Bathrooms 1
Minimum share 25%
Minimum share price £32,500
Full market price £130,000
Monthly rent £223

FAQ's

Min share price from: £32,500 for a 25% share
Full price from: £130,000
Monthly rent from: £223
Bedrooms: 2
Bathrooms: 1

There are 2 available ranging from £32,500 for a 25% share to £32,500 for a 25% 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

25% share from
£32,500
Full price
£130,000
Monthly rent
£223