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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Yersin Court, 2 bed homes
Two bedroom third floor flat available in Swindon available through Shared Ownership Scheme. The accommodation comprises of master bedroom, second bedroom, hallway, modern kitchen, bathroom with 3 piece suite with shower over bath and lounge. Includes 1 allocated parking space, Electric heaters and immersion.
Available for £67,000 for 50% share based on the marketing figure of £134,000
SO Resi Monthly Payment - £178.38
Monthly Service Charge - £123.75
Total Monthly Charge - £302.13 PLUS MORTGAGE REQUIRED FOR 50% SHARE
1.80m x 4.22m
4.12m x 3.85m
3 piece suite with hand held shower over bath
3.43m x 4.38m
3.84m x 2.70m + 0.39m x 1.09m
1 allocated space in car park
Energy Rating Band - B
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.