Shared Ownership is part buy and part rent, buy between 25% - 75% of the market price and pay rent on the rest.
Who?
Everyone! As long as you are employed, have a household income of less than £80k and do not own another property.
What would the rent be?
You will pay 2.75% rent per annum on the unowned share. For example on £150k, if your mortgage is 50%, your rent would be
£172 pcm on the remaining 50% (These are only indicative figures and are subject to market change and mortgage approval).
Buying a new home outright at Neighbourhood?
Choose your 100% owned home
Reserve your new home with £500
Mortgage approval.
Legal process and completion .
Generally mortgages are based on a 10% deposit.*
You can call our Sales Agents, Willo Homes, on 0161 537 3123 email us on neighbourhood@willohomes.co.uk. or use the form below.
You'll find Neighbourhood at Kara Street, Salford, Manchester M6 5QD - see Google Maps