Shared Ownership is a form of Low Cost Home Ownership and offers a route into owner occupation for those who would not normally be able to afford their own home outright.
The Council has an interest in approximately 1632 shared ownership properties most of which were originally built by the Development Corporation. The majority of the properties are houses but there are a number of flats and bungalows.
By buying a share in the property, the purchaser may pay a mortgage on the purchased share and will pay a rent on the unsold share of the property.
As part of your decision to buy your home, you need to consider the charges we make to pay towards the upkeep of the local estate or block you live in.
The Shared Owner may buy more shares in the property, which is called staircasing, and eventually can own their home outright.
Shared Owners are bound by conditions of their lease.
Here are some of our Frequently Asked Questions:
To contact the Shared Ownership Team, please call
Shared Ownership Officer - 01908 253068
Shared Ownership Assistant - 01908 253055
Or by email firstname.lastname@example.org
If you are experiencing any money worries there is a free and impartial service, please click here to go to the Money Advice Website
Pension credits via the Pensions service
Housing Corporation Homebuy advice
We are constantly trying to improve our service to our customers. To do this please could you complete the survey below, thank you
To enable us to improve the service that the Home Ownership Team provide, we would like to ask you to complete this survey.