With Shared Ownership, you can buy a 25 – 75% share of your home now and pay a monthly payment on the remaining share of your home until you are ready to buy 100%.
Share Price - 25% |
5% Deposit* |
Rent (pcm) |
Service Charge (pcm) |
£70,000 |
£3,500 |
£481.25 |
£13.36 |
Share Price - 50% |
5% Deposit* |
Rent (pcm) |
Service Charge (pcm) |
£140,000 |
£7,000 |
£320.83 |
£13.36 |
Share Price - 75% |
5% Deposit* |
Rent (pcm) |
Service Charge (pcm) |
£210,000 |
£10,500 |
£160.41 |
£13.36 |
*5% Deposit based upon mortgage lender. Calculations based on Plot 43, with a full market value of £280,000.