Shared Ownership

House prices have increased enormously in recent years. For many first time buyers this has made the prospect of buying a home of their own unachievable. 

In an attempt to redress this balance, Stamp Duty has now been abolished for all first time buyer purchases up to £300,000, which will come as a small relief to those struggling to save up for deposits and Stamp Duty.

More and more people are looking to purchase through Shared Ownership schemes. Only certain lenders and solicitors facilitate these types of purchases and we are one of those. 

Shared ownership allows you to buy a share of your home (between 25% and 75% of the property’s value) and pay rent on the remaining share. There are certain criteria to be met which we can discuss with you in more detail over the telephone or at our first meeting together. Our specialists will deal with the legal requirements efficiently and professionally.

For further enquiries, please contact:

James Colville

Tel: 01489 785737

Email: jcolville@driverbelcher.co.uk

 

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