Are you looking to get onto the property ladder, but can't quite afford it? We can help.
Our shared ownership scheme has been designed specifically for those who have a small deposit available but can't quite afford the mortgage on 100% of a home.
Buying a Shared Ownership property gives you the chance to buy a share of your home (between 25-75% of the property value) and pay rent on the remaining share. Then, as and when you can afford to, you can buy bigger shares and eventually own 100% of your home.
As of 2018 anyone using the Shared Ownership Scheme for homes worth up to £500,000 does not have to pay the Stamp Duty. This means that you could save up to £4000 on a home worth £200,000, making it easier for first time buyers.
To find out more about shared ownership, take a look at the information below, get in touch with us or visit the The Help to Buy North East Yorkshire and Humber website.