Shared Ownership
 

We have a small number of homes which are part owned and part let - known as shared ownership - which are managed by our subsidiary, Linnet Homes.

Shared ownership is a way of enabling people who cannot afford to buy their own home outright to get a foothold in the housing market.

The principle of shared ownership is that homes are part purchased and part rented with purchasers buying the share that they can afford, normally with a mortgage, and paying rent for the rest. Residents can increase their ownership as and when they are able to.

Normally purchasers are expected to buy 50% - 60% of the property.

For more information contact Linnet Homes.