Shared Ownership
If buying a home outright isn't an option, Hightown Homes can help you get on the property ladder with shared ownership. Buying your first home in manageable, affordable stages is the smarter way to home ownership and you can start by purchasing as little as 25% in some developments.
With Shared Ownership you can buy part of your home now and pay rent for the remaining part. Your total costs of rent and mortgage payments will be lower than the cost of buying the same home outright. This is because we use government grants to cover some of the cost of building your home, which is why all buyers will need to register with Lea Valley Homes - the HomeBuy agent for Hertfordshire.
We can put you in touch with an Independent Financial Advisor to help you arrange a mortgage to cover the share that you are buying, although some people buy with savings. We can also recommend solicitors who are familiar with the shared ownership process.
You can also purchase further shares in your home with the option of eventually owning the property outright - this is known as staircasing.
For enquiries about Shared Ownership properties, please contact our Shared Ownership Sales Team on tel. 01442 292381 or email us at sales@hpcha.org.uk
Click here to fill in a Shared Ownership Application Form.
To view our homes for sale under the Shared Ownership scheme please click here
