Boston Mayflower Ltd

Friday, July 03, 2009

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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 may initially purchase can be from 25% to 75%, depending on the property, and you pay rent on the remainder. 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 guide - [1.58 MB] Shared Ownership guide

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

Shared Ownership application form - [169 KB] Shared Ownership application form

Currently Available Properties

Property Type	Road	Town	Full Valuation (£)	Details
2 Bed Bungalow	Olde Farm Court	South Kelsey	125,000	35% share=£43,750, 40% share=£50,000, 50% share=£62,500. All prices are approximate.
2 Bed Bungalow	Olde Farm Court	South Kelsey	129,000	This property also features a garage. 35% share=£45,150, 40% share=£51,600, 50% share=£64,500. All...
2 Bed House	Harrow Road	Skegness	115,000	35% share=£40,250 40% share=£46,000, 50% share=£57,500. All prices are approximate.
2 Bed House	Harvest Way	Skegness	119,000	35% share=£41,650 40% share=£47,600, 50% share=£59,500. 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.