Time to grow into your first home
Ready to grow into your first home, but need help getting that first foot onto the ladder? With Shared Ownership, you could buy a home sooner than you think. Here’s why you should think about Shared Ownership when buying your home.
The important bits:
- Shared Ownership could help you onto the property ladder
- you'll have freedom to decorate your home how you like
- we have a variety of homes in different locations to suit you.
Especially with the cost of living going up, buying on the open market is becoming more difficult for young people, so it could be time to look at other ways of putting down roots. That’s where Shared Ownership comes in. By buying a Shared Ownership home, you’ll buy a percentage of the property that’s affordable to you, and pay a low-cost rent to us on the rest. And, you’ll only need a deposit worth 5% of the share you’re buying (for some homes, this works out to less than £4,000). Visit our FAQs page for more details.
Shared Ownership is a great option for those looking to fly the nest and become more independent, or you might have already left home as a renter. Whether you're ready to settle down with a partner, or looking to move into a larger space to call your own, the thought of starting your journey as a first-time buyer is an exciting one.
So what’s next? If it's time to grow with a new home, but you're unsure where to start, take a look at our blog which will take you through the steps.
With Shared Ownership, you can live in the home you’ve been wanting without the restrictions of a private landlord. But what about after you've moved in? We know you'll be keen to make your home your own. There's no need to ask us for permission to redecorate your home. So, you’ll have more freedom to give it your own unique look.
If you do decide to make significant renovations as a shared owner, such as fitting a new kitchen, you’ll need to get the green light from us first. Take a look at our guide for full details.
So, now that you know how Shared Ownership can help you, why not start putting down your roots? We've picked our top three new communities to get you started.
One and two bedroom apartments in Hawley.
Deposits from £4,400.
Two bedroom houses in Haybridge, Wells.
Deposits from £5,600.
One and two bedroom apartments in Ascot.
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