Take your first step onto the property ladder, and make your dream home reality with shared ownership!
Also known as part rent, part buy, shared ownership allows prospective homeowners to buy a share in the property, putting forward a much smaller deposit and mortgage. They can then move into their home, paying affordable rent payments on the share of the home that they do not yet own.
The initial share purchased will be based on an affordability assessment carried out by an independent financial advisor, and can be anywhere between 25% and 75% of the property depending on your financial circumstances. Lower shares from 10% may also be available on some homes. Once you own a share in one of our properties, it becomes possible to gradually increase your share through buying increments, and you will soon own 100% of your home!
View our current developments or find out more about our shared ownership resale properties below.
BUYING A SHARED OWNERSHIP HOME
Buying a property can feel overwhelming at times, and at Viola Homes, we aim to do everything we can to make sure your homebuying process goes as smoothly as possible. With our shared ownership scheme, your dream home can be closer than you think.
With our shared ownership scheme, you can remove the stress of substantial deposit and mortgage payments, and enjoy a straightforward, affordable route to your perfect home.
Want to know more about our shared ownership team? The Viola Homes team are on hand to answer any of your questions. Enquire here.
FREQUENTLY ASKED QUESTIONS (FAQs)
We understand the process of buying a property can sometimes feel overwhelming. With our shared ownership scheme, you can look forward to a straightforward and affordable process that lets you open the door to the perfect home.
We’ve put together a list of useful FAQs to address any queries you may have regarding our convenient home ownership scheme.