Find your space at
One and two bedroom apartments and three bedroom houses available through Shared Ownership now.
Shared ownership is a Government-backed housing scheme designed to help those people who would like to buy a home of their own but can’t afford to buy outright. It allows you to purchase on a part buy, part rent basis, where you purchase a share of a property based on the maximum you can afford. Initially you can purchase up to 75% of the total market value. You then pay rent on the remaining share of the property which is owned by Paradigm.
As and when your circumstances allow, you can buy further shares from Paradigm – this is known as staircasing. The more you own of the property the less rent you pay to Paradigm. In most cases, if your lease allows, you can go on to own 100% of the property and if it is a house, and again your lease allows, Paradigm will transfer the freehold to you.
How to apply
Buying your first home can be a daunting but exciting time. We set very high standards in the quality of service we deliver, as well as the homes we provide. We want to make the process of buying your first home as simple and trouble-free as possible. Our experienced Sales Team will be on hand to help you every step of the way.
Contact our dedicated Milliners Place Sales team on 01582 597 671 for more information and to arrange a viewing.