dreams come true
Shared ownership is our most flexible purchase option; you can choose how much of a property you buy and buy more if you want to as and when it’s convenient for you.
Typically, you buy a share of between 50-65% of a property and pay a rent on the part that you don’t own. The higher the share you purchase, the less rent you will have to pay. Over time you have the option to increase your shares if you can afford to do so, this is called staircasing.
We either offer our own Shared ownership scheme or the Welsh Government’s Shared Ownership Wales initiative. Shared ownership is a great way of getting your foot onto the property ladder and we’re passionate about promoting the benefits of shared ownership to more buyers in Wales.
Help to Buy Wales
We can also offer Help to Buy Wales on the homes we sell on the open market.
Help to Buy Wales is a Welsh Government-backed scheme that assists buyers who cannot afford a large deposit.
Purchasers pay just 80% of the property price now and the remaining 20% is provided by an equity loan which is interest free for the first 5 years. Buyers pay just a 5% deposit and need to secure a mortgage for up to 75% of the property’s value.
Occasionally, when we work in partnership with local authorities or national house builders we are able to offer buyers our homebuy or shared equity option.
Homebuy allows you to buy 100% of a property for a percentage of its open market value. The remaining cost is funded by an equity loan, unlike shared ownership there isn’t any rent to pay on the equity loan.
You can repay this loan at any time, otherwise, when the property is sold, the sale price will be split according to the relevant percentages.
Building high quality homes across south Wales, we’re confident that we can offer just what you’ve been looking for. Our homes are always meticulously designed with you in mind.
We use our in-depth knowledge of Wales to inspire and influence our developments to create homes and neighbourhoods where people love to live.
Selling your Home
If you ever want to move, you can sell your share with the help of our dedicated Home Ownership Team.
If you would like more information please email us.