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Shared Ownership

empty kitchenWhat is Shared Ownership?

Shared Ownership was introduced to help people who cannot afford to buy a home outright.  Through shared ownership you buy an initial share of 50% or more in a property using either a mortgage or savings and pay rent on the remaining share you do not own.  Gradually you may buy further shares and eventually own your home outright.

Remember that house prices can go up and down. This means that sometimes you might pay more for buying additional shares or have to sell at a price less than you originally paid.

How can I buy a Shared Ownership property?

Shared Ownership properties are sold through normal estate agents. You cannot purchase a private property and then ask to own the property under the shared ownership scheme, the property must already be an Shared Ownership property.

Who is responsible for maintaining the property?

Repairs and maintenance are entirely your responsibility. You have to arrange for any work to be carried out and pay the bills.

Can I buy further shares in the property?

Yes, you can purchase further shares at any time in blocks of 10%.

How do I sell my house?
You can sell your share of the property at any time providing the intended purchaser fulfils our criteria.  If you need any help or advice please contact us.

Current properties available ​through Shared Ownership...

​​Sutton, St Helens
Finger Post, St Helens
Moss Bank, St Helens
Howley Meadows, Warrington

For more information regarding buying a property through Shared Ownership contact Helena Living​