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Shared Ownership Week 2017

Shared Ownership Week 2017

It's Shared Ownership Week!

Shared -ownership -rosa

‘Shared Ownership’ is a Government funded scheme aimed at helping first-time buyers get on to the property ladder. The scheme lets you buy a share of the property, meaning you only have to apply for a mortgage on the share you are purchasing and this is based on your affordability, therefore increasing your chance of being accepted by a Bank or Building Society and allowing you to take that first step on to the property ladder.

Some shared-ownership schemes are on a part-buy, part-rent basis, so you will have to pay rent on the share of the property that you don’t own. This share is retained by the Housing Association but on many schemes you are able to purchase more shares when you are able to, even up to 100% and own the property outright.

Rosa Homes, part of Together Housing Group, provides good quality, low cost housing for Shared Ownership, Leasehold for schemes for the elderly, or rent to buy. We offer new build and resale properties just waiting for you to start your home ownership journey.

Find your perfect Rosa Home: www.rosahomes.co.uk

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Ross is the Digital and Social Media Officer at Together Housing.