Shared Ownership Week 2015: 5th-11th October
Tuesday 22 September 2015
October 2015 sees the launch of this year's Shared Ownership
Week, a great way for homebuyers to find out more about the Shared
Ownership scheme and to browse the thousands of affordable homes
available across the country.
Shared Ownership is a government backed, part buy-part rent
scheme aimed at helping people get onto the property ladder, who
otherwise wouldn't be able to afford it.
Shared Ownership Week 2015
Housing associations, including Riverside Home Ownership,
develop brand new homes to buy especially for first time buyers and
other eligible people who want to become home owners.
- You buy a share of one of these properties, from as little as
25% of the full value, usually with a mortgage
- The housing association still owns the remainder, so you pay a
reduced monthly rent and a service charge to them on their
- You can buy more shares of your home as and when you can afford
- In most cases, you can eventually own your home 100%
- The initial monthly cost is usually around 20% less than what
it would be if you owned the property outright, or comparable to
what it would cost to rent the same property
Take a look at the properties that Riverside Home Ownership has available.
You can also find details of your local Help to Buy
Agent whose website lists properties available from all housing
associations with Shared Ownership developments in your region.
There's lots more information at www.sharedownershipweek.co.uk and
you can follow all the buzz on Twitter @soweeklive