Are you looking to buy a new home, but only have a low deposit saved or struggling with affordability for a mortgage?
The government backed shared ownership scheme allows you to buy a 25%, 50% or 75% share in a selected Gentoo home with the option to purchase further shares in the property as your finances and personal circumstances allow, whilst paying a rental charge on the share you don’t own.
Increases your opportunity to get onto the property ladder
Buying a Gentoo shared ownership property makes you an owner
You have the option to purchase a 25%, 50% or 75% share to start with
Options to buy further shares in your home with minimum 10% increments
Rent is payable on the share you do not own
Affordability criteria applies