Also known as shared ownership and part-rent, part-buy, this is an opportunity for you to buy a share of a property, through a morgage, and pay rent on the remaining share. Normally, applicants purchase a 50% share, but it depends on your income and savings.
The share you buy is based on your income and savings and ranges from 25% to 75% of the open market value.
Gradually, you may buy further shares and eventually, in most circusmstances, own your own home.
We have many part-rent, part-buy properties across Devon and Cornwall.
For more information about any of the properties on this site call the sales and marketing team on 01803 217580.
Home Owners Newsletter issue 1click here to see the new Shared Ownersip newsletter 2011.