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Shared ownership
Can I choose the size of the share I buy, or is this decided by the housing association?

The minimum share of the equity you can purchase is determined by the Housing Association and you will be required to pay a subsidized monthly rent on the unsold share of the equity to the Housing Association. However, you may choose to…

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Shared ownership
Do I need to live or work locally to qualify for a shared ownership home? And if so, what is the definition of a local connection – does it mean living/working in the same borough?

Besides the general eligibility  criteria, additional criteria are often specified by the various Local Authorities, therefore, we recommend you check the property listing for the criteria of the scheme you are interested in.   A local area connection means you live or/and…

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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…

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Shared ownership
How do I register with Hyde New Homes?

You can contact us online, by email or by telephone to register, or make an enquiry using the ‘contact us’ page on this website. We will normally be able to accept your application to purchase a Shared Ownership property if you fulfil…

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Shared ownership
Who is eligible to buy a home through the Shared Ownership scheme?

The scheme is designed to help people who cannot afford to buy the type of home that they need or want on the open market. In most instances, existing council and housing association tenants and people registered for housing with their local…

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