Are you looking to own your dream home? With shared ownership, your journey to home ownership could be much more affordable.
Shared ownership can give you access to homes that may otherwise be out of your budget such as new builds or homes in desirable locations. Our developments offer brand-new, energy efficient homes through shared ownership, making your dream home within reach.
It works by offering a ‘part buy, part rent’ way of purchasing your home for a smaller upfront payment – making it easier for you to get on the property ladder. The shares sold are usually between 10-75% of the property with a rent charged on the remaining share.
There’s also the flexibility to increase your share. You can start with a share that suits your budget and lifestyle and gradually increase it over time through staircasing (buying more shares). This process reduces the amount of rent you pay and increases your share of the home. Eventually, you may be able to own 100% of your home.
At Severn Homes, we're dedicated to making your shared ownership journey seamless. This month we have helped families move into homes in Oaken, Bicton Heath and Tibberton. Our experienced team are here to guide you through every step, ensuring you feel supported along the way.
So why wait? If shared ownership sounds like it could be the key to unlocking your dream home, the next step is to explore our latest developments. Get in touch with us today to discover how we can make your home ownership dreams a reality!