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News & Events

Shared Ownership Homes in Claughton on Brock and elsewhere

There are affordable shared ownership properties available for eligible first time buyers. A quick overview of the scheme and the main requirements for eligibility is given:- - You must be a first time buyer or first time buyer after a relationship breakdown; - Your household income must be under £80,000 per annum The scheme offers purchasers the potential to buy a share ranging from 40-75% (initially, based on an affordability assessment) of the value of the property, meaning they require less deposit but will be living in a property valued at considerable more than they may be able to initially afford. There will be a reduced rent payable on the share owned by Redwing Living. The intention of the reduced rent is to allow the purchaser to save up to buy more shares in the future with the overall goal of eventually owning 100% of the property and the freehold. David Briscombe Sales Advisor Regenda Homes Redwing Living | | Liverpool L1 5AY Customer Services: 0344 736 0066 Direct Tel: 0151 703 3206 www.regenda.org.uk Get Regenda's latest news straight to your inbox every three months - sign up to their e newsletter.
category:News
added:2017-09-28

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