Boston Mayflower Ltd

Thursday, November 20, 2008

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Shared Ownership

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Shared Ownership

Sometimes there are opportunities to purchase part of a property and pay rent, at a reduced rate, for the remaining part of the property.

The proportion you normally purchase initially is 50% of the property and rent the other half. In some schemes the amount you purchase can be increased in steps, until you purchase the property outright.

You can express an interest in Shared Ownership through the Common Housing Register.

When a shared ownership opportunity arises, your housing need and your ability to pay your mortgage and rent is taken into account.

Take a look at our current development projects to see our most recent schemes.

If you are interested in this or any other property which may come available, please feel free to call us on 01205 318606.

Shared Ownership leaflet - [580 KB] More information about shared ownership

Have you heard about Shared Ownership - [353 KB] More information about shared ownership

Shared Ownership application form - [215 KB] Please download and complete the form to apply for shared ownership

Currently Available Properties

Property Type	Road	Town	Full Valuation (£)	Details
2 Bed Bungalow	Olde Farm Court	South Kelsey	143,495	35% share=£50,223, 40% share=£57,398, 50% share=£71,747. All prices are approximate.
2 Bed Bungalow	Olde Farm Court	South Kelsey	146,000	This property also features a garage. 35% share=£51,100, 40% share=£58,400, 50% share=£73,000. All...
2 Bed House	Harvest Way	Skegness	121,995	35% share=£42,698 40% share=£48,798, 50% share=£60,998. All prices are approximate.
2 Bed House	Bells Yard	Horncastle	130,000	Coming soon! Available end of November.
2 Bed House	The Courtyard	Kirton	105,000	35% share=£36,750, 40% share=£42,000, 50% share=£52,500. All prices are approximate.
2 Bed House	Hunters Close	Tattershall	126,500	35% share=£44,275, 40% share=£50,600, 50% share=£63,250. All prices are approximate.
3 Bed House	Woolpack Meadows	North Somercotes	109,995	WAS 112,995! 35% share=£38,500, 40% share=£44,000, 50% share=£55,000. All prices are approximate.