openmoves
a home choice that suits your needs

shared ownership, what is it?

Shared ownership is a “part buy, part rent” scheme and can be an affordable 1st step on the property ladder. It is aimed at helping 1st time buyers but it is also open to anyone who can demonstrate that they fulfil the eligibility criteria.

The scheme allows you to purchase a share of the property and pay a discounted rent on the remaining share. Purchasers are only required to obtain a mortgage for the value of the share being purchased and usually the cost of the rent plus mortgage will be less than a full mortgage on the property.

To make an enquiry about a shared ownership property you can submit an online expression of interest or for further details and a full application pack please contact us 01274 254127 or write to Incommunities, Shared Ownership Officer, Trust House, New Augustus Street, Bradford BD1 5LL

If you are interested in applying you can read the Home Ownership Eligibility Criteria document below and download and fill in the Expression of Interest form and send it by post or fill in and submit the on-line Expression of Interest form

Click here to submit the online Affordable Home Expression of Interest Form

New build shared ownership available:

None available at the moment

Other shared ownership properties available in the district:

  • 55 Victoria Road, Saltaire
    Turn of the century 2 bedroom bungalow in need of improvement. A 50% share is available for £43,750 with rent on the unpurchased share of £109 per calendar month

For further information or an information pack about the scheme please contact us:

Incommunities
Shared Ownership Officer
Trust House
New Augustus Street
Bradford BD1 5LL

tel: 01274 254 127
fax: 01274 254 015
email: affordablehomes@incommunities.co.uk
 

 

 

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