The Shared Ownership scheme allows you to purchase a percentage of the full market value whilst paying a subsidised rent on the remaining amount. For example, on this development you will be able to purchase between 10% – 75% at the beginning on a 990-year lease. You will have the opportunity to buy further shares in your property and eventually staircase to 100% ownership if you have the funds to do so.
Applicants will also need to meet the minimum household income and deposit criteria for Shared Ownership to be eligible to purchase a property.
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