With Shared Ownership, homes are mainly brand new flats or houses for sale on a part buy/part rent basis through different housing associations. It is possible to purchase shares of between 25% to 75% of the home's value and you pay a low rent on the remaining share. Please note that if you buy a flat you will also have to pay service charges to cover the cost of maintenance of communal areas. All applicants are expected to purchase the maximum share that is assessed as affordable.
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