Register with your local HomeBuy Agent, who has been tasked by the Government to act as an intermediary between you, the housing association and the property builders. Our partners can help with your move. Resales are homes that the current owner bought through shared ownership and now wishes to sell on. Shared ownership is the UK government approved scheme allowing first-time buyers to purchase a share of the property. You can buy a share of your selected home from 25%–80% and pay a subsidised rent on the remaining share. Are you moving soon and looking for a removals quote? Laminated floor. We are delighted to bring to the market this stunning 3 bedroom semi-detached property under the shared ownership scheme. You will probably need to res… You can increase your share at any time through a process called staircasing and, in most cases, buy your home outright. It’s still the same shared ownership government-backed product but you normally purchase at least the share that the seller currently owns. Copyright © 2020 Moat Sales | All Rights Reserved, Buying your shared ownership resales home. third floor apartment located in Kidbrooke, Greenwich. Get in touch today to check your affordability and eligibility ! Buying a Resale Shared Ownership Home. We offer both brand new and pre-owned Shared Ownership homes for sale. Data Protection reference Z2785557. Resales. You can staircase as many times as you like to reach 100%, though each additional share must be at least 10%. We have a database full of people looking to buy a Shared Ownership home, who we can contact directly. These part buy part rent homes are available for resale in London and across South East England. Kitchen 8’7″ x 8’7″ (2.619m x 2.611m) UPVC double…, Shared Ownership available in Deddlington, Oxfordshire – 2 bed semi detached house available for £115,000 for 40% share Key features of this part buy part rent Oxfordshire home Stonewater Homes are marketing this stunning shared ownership property on behalf of the vendor.…, Three bedroom semi-detached house available in Thirsk, North Yorkshire through Shared Ownership £110,000 for 50% share 25 Bluebell Court WDH is delighted to offer this fabulous property on a shared ownership basis, this three-bedroom home built by STG on St Mary’s Close in…, Three bedroom semi-detached house available in Thirsk, North Yorkshire through Shared Ownership £113,750 for 50% share 12 Bluebell Court WDH is delighted to offer this fabulous property on a shared ownership basis, this three-bedroom home built by STG on St Mary’s Close in…, Two bedroom semi-detached house available in Thirsk, North Yorkshire through Shared Ownership £92,500 for 50% share 5 Bluebell Court St Mary’s is situated in a quiet location on a residential cul-de-sac, within walking distance to local shops, amenities, and the town centre.…. 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What is a shared ownership resale? If you have staircased and now own 100% of your home, you will be able to sell it yourself. Final three-bedroom apartment available! © 2020 2020 - MovingSoon - Rent, Shared Ownership & Sale Properties. For further information about buying a resale home with us, please read our guide to 'Buying your shared ownership resales home. This means they will need to check that you pass a few criteria to make sure that shared ownership is the right option for you. From time to time, shared ownership properties become available for resale. A great selection of 2 and 3 bedroom shared ownership properties for sale. Wandle sells these properties on behalf of the owner. ', Springhead Parkway is a one bedroom, third floor apartment located in Gravesham, Kent. The principle is the same as buying a new build home through shared ownership, but you must purchase at … Radiator. Please enter your email address below to check if you have an account with us. Shared ownership resales. The principle is the same as buying a new build home through shared ownership, but you must purchase at least the share that the seller currently owns. You could buy a shared ownership resale home in England if: your household earns £80,000 a year or less, or £90,000 a year or less in London. 2. This is used for marketing purposes. This is a process known as staircasing. The property will be known as a 'Shared Ownership resale property'. If you are interested in buying a shared ownership property, please register with Help to Buy South.Once you have registered, you can search for properties by location, number of bedrooms, and price. Itâs still the same shared ownership government-backed product but But if Radian can’t find a buyer for your property in the allotted time, you are welcome to head onto the open market to find a buyer. This is because, as you are the current home owner, you will have a better idea of the selling points of your property which will appeal to a potential buyer. A deposit for a shared ownership home can start from just 5% of the share value you’re looking to buy. It really is that simple (and no you don't have to share with anyone else, except maybe your partner, children or the cat). There are certain criteria which you must meet to qualify for shared ownership resales: You must not have a household income of more than £80,000 You must not own another property You must be in permanent employment or self-employed Some shared ownership property leases include clauses such as sinking funds and mandatory buy-backs. Guest Cloakroom 6’5″ x 4’5″ (1.951m x 1.354m) Vinyl flooring, radiator, low level WC, wash hand basin with tiled splash-back, extractor fan. Resale homes can be anything from traditional houses or flat conversations, to flats in a large development. Representing a 75% share value, and available to purchase through the Older Persons Shared Ownership scheme is this very well presented two double bedroom apartment positioned on the 5th floor of this well located modern development, close to Canary Wharf. Shared Ownership homes: Resale. This property is available through Moat's resales team. Under-stairs store. How does Shared Ownership work? This three-bedroom apartment is in the perfect location for anyone looking for lots of green open space and excellent links to central London. Ring the number on the advert and check eligibility with the housing association. Shared Ownership offers rent that is less than the rate charged on the open market and most people can start off with a 40% share but in some cases as little as a 25%. You have the opportunity to … You’ve never bought a home before, or you can’t afford to buy one now, or you’re currently a shared owner. If you continue to use this site we will assume that you are happy with it. Search our developments for the your perfect home. L&Q offer pre-owned shared ownership homes across the UK, also known as a resale home. NEXT: check out our Shared Ownership frequently asked questions The content of the site is for information purposes only and does not constitute advice. When deciding to purchase through the Shared Ownership scheme, one of the decisions you’ll have to make is the type of home you’d like to buy – whether that be new build or resale. Shared Ownership available in Southampton, Hampshire – 2 bed flat available for £84,000 for 50% share Key features of this part buy part rent Southampton home Stonewater Homes are marketing this lovely shared ownership property on behalf of the vendor. Help to Buy is a Government-backed scheme, and local agents ensure that affordable homes are available for those that need it in their area. Shared ownership resales A list of shared ownership properties now available for resale. Shared Ownership Resales: Also known as part buy part rent on second hand homes, with this affordable home ownership scheme you purchase a share of the property and … If the current owner has carried out improvements to the property, then you'll pay for these separately. With a Shared Ownership home you buy a percentage share of the property and simply pay rent on the remainder. This apartment is available through Moat's resales team. Resale properties are homes that a current owner bought through Shared Ownership and now wishes to sell on. 5 bedroom house; 1 allocated parking space; The share held is 40% which is valued £284,000 (FMV is £710,000). One of the benefits of shared ownership is that you can buy what you can afford first, then when the time suits, you can buy bigger shares until you own your home outright. All principle…, Three bedroom semi detached house available in Howden, East Riding of Yorkshire through Shared Ownership £104,998 for 50% share 45 Burgess Avenue, Howden, DN14 7ZN WDH is delighted to offer these three bedroom semi-detached houses built by Bellway Homes on this mixed…, Shared Ownership available in Banburt, Oxfordshire – 2 bed apartment available for £71,980 for 40% share 27 Hardwick Hill, Banbury Key Features of this part buy part rent home Stonewater Homes are marketing this lovely, well-kept shared ownership property on behalf of…, Two bedroom semi detached bungalow available in Thirsk, North Yorkshire through Shared Ownership £96,250 for 50% share 3 Bluebell Court, Thirsk, YO7 1UJ St Mary’s is situated in a quiet location on a residential cul-de-sac, within walking distance to local shops, amenities,…, Shared Ownership available in Wyboston, Bedford – 2 bed semi detached house available for £96,000 for 40% share 32 The Lane, Wyboston Key Features of this part buy part rent home Stonewater Homes are marketing this lovely shared ownership property on behalf…, Shared Ownership available in Bedfordshire – 2 bed terrace house available for £106,000 for 40% share 52 Woodpecker Close, Great Barford Key Features of this part buy part rent home Stonewater Homes are marketing this lovely shared ownership property on behalf of…, Two bedroom end town house available in Selby, North Yorkshire through Shared Ownership £72,500 for 50% share 4 Whitley Garth, Kelleythorpe, Driffield YO25 9FF WDH is delighted to offer for sale on a shared ownership basis, these two and three bedroom houses…, Three bedroom end town house available in Selby, North Yorkshire through Shared Ownership £95,000 for 50% share 4 Staynor Link, Selby, YO8 8GE WDH is delighted to offer for sale on a shared ownership basis, this three bedroom mid-townhouse built by Persimmon…, Three bedroom end town house available in Selby, North Yorkshire through Shared Ownership £97,500 for 50% share 2 Staynor Link, Selby, YO8 8GE WDH is delighted to offer for sale on a shared ownership basis, this three bedroom end-townhouse built by Persimmon…, Shared Ownership available in Malmesbury – 3 bed terrace house available for £104,000 for 40% share 23 Tetbury Hill Key Features of this part buy part rent home Stonewater homes are marketing this stunning shared ownership property on behalf of the vendor.…, 15 Lomas Close, Burnage, Greater Manchester M19 1TE Two bedroom bungalow for sale on a shared ownership basis 70% share for £180,000 FMV £257,143 Service charge £93.73 pm Lomas Close and Lavister Avenue provide a range of 45, one and two bedroom apartments…, 11 Lavister Avenue, Burnage, Manchester, Greater Manchester M19 1TE Two bedroom bungalow – Available for sale on a shared ownership basis: 70% for £180,000 FMV £257,143 Service Charge: £85.56 per month. Or get in touch if you are interested in listing your shared ownership property for sale. You will need to fully complete the Shared Ownership Resale Instruction Form, which includes information about your home and the area. You have enough savings to … You should follow the same process as the HomeBuy shared ownership (new homes) scheme: 1. There are certain criteria you’ll need to meet to qualify for a Shared Ownership resale home: – Your household’s combined income is £80,000 a year or less – You’ret a first-time buyer or you’ve sold/had a firm offer on your current home – Your income is sufficient to … Shared Ownership is designed to enable people to buy a home when they are unable to afford to buy on the open market. Look at the properties housing associations have on offer in your chosen area on the HomeBuy Agent’s website. Through Help To Buy South, we are able to offer 5% deposits on our Shared Ownership properties for sale. Advertise your shared ownership property for free on our platform.. We already help housing associations and their owners to sell their shared ownership homes. Buying a resale property can be a more flexible route into shared ownership for many people. What is a shared ownership resale? Company No. So you’ve decided your are selling your shared ownership property.This is typically called selling a shared ownership resale property. All rights reserved. The resale of an existing shared ownership property – also known as part-buy, part-rent – is where the current owner wishes to sell it on. you normally purchase at least the share that the seller currently owns. We use cookies to ensure that we give you the best experience on our website. Quick Links Continue reading to find out more about Shared Ownership. You could buy a shared ownership resale home in England if: your household earns £80,000 a year or less, or £90,000 a year or less in London. Shared Ownership with Sanctuary Homes is a great option for anyone looking to get a foot on the property ladder, even if you’re not able to afford to buy your own property outright. This property is available through Moat's resales team.
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