Shared Ownership allows you to buy a share in a new home, ranging from 25% to 75%, depending on what you can afford.
You can buy your home with Shared Ownership if your household earns £80,000 a year or less or you’re a first-time buyer (or existing shared owner moving to another shared ownership home)
Buying a share in a Plus Dane property means you need to get a smaller mortgage to buy the property, and will also need a smaller deposit. It’s a great way to get your foot on the property ladder and you can also increase your share over time – known asstaircasing.
As a home owner, you will be responsible for the maintenance and repairs on your home. If you live in an apartment, we will be responsible for the communal areas.
Check out our HomesHub website here.