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Unlock Your Path to Homeownership with Shared Ownership!
Buying a home can feel overwhelming—especially with today’s high costs making it tough to save for a big deposit. But there’s a solution that’s making homeownership more achievable: Shared Ownership.
So, What is Shared Ownership?
Shared Ownership lets you buy a percentage of a property—typically between 25% and 75%—and pay rent on the rest. This makes owning a home much more affordable, especially for first-time buyers or those with limited budgets.
Imagine needing only half the deposit for a 50% share of your home rather than the full amount for outright ownership. That’s half the savings goal, and your monthly payments are typically lower because the rent on the remaining share is set below market rates.
Why Choose Shared Ownership?
- Lower Upfront Costs: Buy only the portion you can afford, with a deposit to match.
- Build Ownership Over Time: You can increase your ownership stake whenever you’re ready, a process called “Staircasing,” until you reach 100%.
- More Security: Unlike renting, you own a part of your home, giving you greater stability and investment in your future.
- Make Your Move Today!
If you’re ready to take the next step toward homeownership or want more information on upcoming Shared Ownership properties please contact Barcud on 0300 111 3030.
We’ll keep you updated on new developments and help you start your journey to owning your dream home!