Celebrating Shared Ownership Week
19/09/2018
‘Be smart. Buy a share’
Today we are celebrating the start of national Shared Ownership Week 2018 (20th-26th September).
Shared ownership (alternatively known as part-rent, part-buy) provides a smart, affordable way to buy a new or resale home.
You buy a share in a new home – usually 40% to 60% of the home’s value – and pay a subsidised rent on the part you don’t own. Then in the future, if you wish, you can buy further shares until you own your home outright.
Cornerstone is pleased to be joining the campaign, supported by the National Housing Group, to raise awareness and promote shared ownership as an affordable housing option.
Throughout the year we market a mix of brand new homes and quality homes for resale in Devon.
We are currently inviting applications for brand new 2 & 3 bedroom homes at our flagship Valley Park development in Exmouth. Prices start at £108,750 for a 50% share, plus £240.38 in rent and service charge. You can view the properties here.
To find out more about shared ownership or to view our latest available properties, click here to Find a Home with Cornerstone.
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