Shared ownership is a fantastic way of helping people who can’t afford to buy a home outright, get onto the property ladder. We have properties available across East Anglia, offering shares from as little as 25% to as much as 75%, paying rent on the remaining share, making it affordable for you. When you’re able to do so, you can purchase more shares, meaning you can eventually own your home outright (some properties are exempt from outright purchase, just check with our team first).
Purchasing the home that you love, at an affordable price. Welcome to home ownership!
Take a tour
Have a look around one of our new shared ownership homes in Red Lodge.
Am I Eligible?
To be eligible you need:
- A household income lower than £80,000.
- Minimum of 5% deposit.
- Approved by the Help to Buy Scheme.
- To not own or have a mortgage on any other property.
- To be unable to afford to purchase a home on the open market.
Why buy a home with us?
We are passionate about providing affordable homes for people in need in the East of England.
Our skilled and friendly sales advisors will offer you expert guidance, practical assistance and continuous support throughout your journey. We will be right by your side, ensuring you find the right home for you.
What are the costs involved with purchasing?
You’ll need to think about the following costs, for example:
- Minimum deposit of 5% of the share value
- Reservation Fee
- Solicitors Fee
- Mortgage arrangement
No need to worry, we can talk this through with you...
How do I purchase more of my home?
The great thing about purchasing more shares means your rental costs will reduce, this is called staircasing.
You can purchase as little as 10% or purchase the full remaining share in your property, giving you opportunity to have 100% ownership of your home (some properties are exempt from outright purchase, just check with our team first).
How can I sell my property?
Time to move on, no problem!
When you decide the time is right to sell your home our sales advisors are here to help guide you through the process.
The cost is 1.5% + vat of the agreed sale price of your share.
Want to know more? Call us on 01603 255444
Or email firstname.lastname@example.org
Want to discover your new home?
Make your first home a Flagship Home
At Flagship Homes, we have a variety of shared ownership properties in Norfolk, Suffolk, Essex and Cambridgeshire. Follow the link to YOUR new home.
Find out more
Get in Touch
Complete the form below and we will get in touch with you to help with your enquiry