Shared ownership is a lower cost route to owning your own home. This scheme helps those individuals who wouldn’t typically be able to afford to purchase a property to get that initial foot on the property ladder through part buying and part renting.
Shared ownership offered by Loddon Home allows you to buy a share in a home and pay an affordable rent on the part you don’t own (typically set at 1.5% of the unsold equity). You buy a share, usually between 35% and 75%, for which you will need to get a mortgage, pay for out of your own savings, or a combination of the two. We can help you work out what you can afford to buy so that you won’t be stretched financially. For more information and to express your interest in shared ownership please complete the form below.