Owning a property through shared ownership gives you more flexibility. You can buy a share in your home of anything from 25% to 75%, and pay rent on the remaining percentage.
Most people who choose to own their home this way like the flexibility it offers and it’s particularly popular with first time buyers because it helps to get a foot on the housing ladder without having to find the full amount for the outright purchase.
After a set period of time, you’ll be given the option to “staircase” out, which can be best described as being offered the option to buy additional shares in your home, therefore owning more of it.
Our dedicated sales team are on hand to offer you further information on shared ownership as well as help you to decide what percentage of purchase would be right for you.
If you want to read more about Shared Ownership or understand how you can own further shares in your Shared Ownership property, click on one of the links below to download our easy to read guides.
Alternatively, you can call our sales team on 0300 303 3619 or email firstname.lastname@example.org