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Shared Ownership

What is Shared Ownership?

Shared Ownership makes it possible to own your home – even if you feel priced out of the property market. It’s an affordable home ownership scheme designed as a stepping-stone to outright ownership if you can’t afford to buy a home on the open market. 

Under a Shared Ownership scheme you can buy a share of between 25% and 75% of the property’s value and pay a subsidised rent on the remaining share. A key advantage is that, as part-owner, you have a security of tenure that renting cannot offer.

This gives you the long-term security and stability of home ownership at a price that’s still affordable.

 

The advantages of Shared Ownership:

  • You'll own part of your home, rather than paying rent with no return
  • Your monthly mortgage and rent can work out cheaper than buying outright and sometimes not much more than renting
  • You can buy more shares in your home or sell it if you want to
  • You only buy what you can afford so you don't overstretch yourself financially.


You can buy more of the property until you own 100%, this is called ‘Staircasing’ (unless otherwise stated in your lease). You will need a small deposit initially – generally a minimum of 5% of your share, subject to conditions – and you will need to raise a mortgage on the rest of the price. You will also be charged a service charge and ground rent (where applicable) for your home, normally paid on a monthly basis.  

 

Available Shared Ownership properties:

We have a number of sites available to purchase under Shared Ownership with prices starting from £40,625* for a 25% share.

 

Sandbach Road, Church Lawton, Alsager ST7 3BR:

Sandbach Road

Bedroon at Sandbach Road

Modern two and three bedroomed homes, close to thriving Alsager, with:

  • Modern Kitchen with fitted appliances
  • Semi-detached
  • Turfed rear garden
  • Off road parking
  • Downstairs WC
  • UPVC double glazed windows



Prices starting from £82,500 for 50% share

Deposit from as little as £4,875 (T&C's apply)

Complete our form below to register your interest

 

Hind Heath, Saxon Lea, Sandbach CW11 3AZ:

Hind Heath Hind Heath 2A Beautiful three bedroomed home in the heart of leafy Sandbach, properties include:

  • Modern fixtures & fittings
  • Semi-detached
  • Off road parking
  • Two double bedrooms
  • UPVC double glazed windows
  • Excellent road and railway links to Manchester




Prices starting from £64,750 for 35% share

Deposit from as little as 5%

Complete our form below to register your interest


*Prices vary depending on site and percentage of Shared Ownership property purchased. A member of the Equity Living team will be able to answer any questions you may have.

If you would like to find out if you qualify for any of the schemes above, please complete the interest form below and a member of our team will be in contact with you shortly.
 

Shared Ownership Interest Form

Note: Questions marked by * are mandatory