You searched for affordable property in Tyne And Wear

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Shared ownership in Tyne And Wear

Shared-ownership is a great way into home ownership. If you can't afford to buy outright, you can part buy and part rent your home in Tyne And Wear.

You might buy 25%, 50% or 75% share in your home. You pay a small rent on the share that you don't buy. The bigger the share that you purchase, the less rent you have to pay. The monthly cost of buying a 50% share is about two-thirds of what you would pay on a mortgage if you bought the property outright. When you can afford to do so, you can buy more shares until you own your home outright.

Who can buy shared ownership housing?

Shared ownership housing schemes are usually intended for people who cannot afford to buy a suitable home in any other way. Applicants must usually be in housing need and be unable to afford outright purchase. Priority will often be given to people on local authority or housing association waiting lists.

About us and affordable property & homes in Tyne And Wear

The site has been designed to be as user friendly as possible. To give home hunters access to an extensive number of affordable homes in Tyne And Wear online and to give new home developers a showcase for their properties to the audience of home hunters. You can find new homes available on new-homes-in.com with an extensive range of apartments, retirement & new homes.

You can view where new home builders have affordable and retirement homes & property available.