You would pay a mortgage on the share you own, and pay a subsidised rent on the remaining share to a housing association (like us).
Although the housing association owns part of it — it's your home. You will own a share of the property on a leasehold basis and have the same rights and responsibilities of a full homeowner.
Because you'd only need a mortgage for the share you're purchasing, the amount of money required for a deposit is usually a lot lower than the amount required when purchasing a home outright.
Due to planning conditions in rural areas, most of our shared owners are restricted to 80% ownership. This restriction enables us to keep our properties as affordable homes and ensure they benefit local people.
For most of our homes, purchasers will need to have a local connection to the village.
For this area the agent is Help to Buy Midlands and London.
On their Help to Buy website you can:
If you'd like any further information, please get in touch with us at firstname.lastname@example.org or on 0300 1234 009.