Shared ownership
How does the Shared Ownership scheme work?
The size of the share you buy can be between 25% and 75% of the value of the property, although this does depend on individual circumstances. Normally we sell between 40% – 50% shares, although smaller or larger shares may be available on some new developments.
Shared owners pay a monthly rent on the share that has not been purchased. There will usually also be a monthly service charge to cover items such as buildings insurance, management and cleaning and maintenance of communal areas.
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