Dove Mews, Doncaster

A spacious three bedroom family home available to purchase via Shared Ownership with shares starting from just 40%.

Shared Ownership could be your step onto the property ladder. This home ownership scheme allows you to buy a share in your home and rent the remaining share. Overtime, you can buy more shares in your home until you
own the full 100%.


How Does Shared Ownership Work
The Shared Ownership scheme is simple, you buy an initial share of between 40% and 75% of the homes full value and pay a subsidised rent on the remainder.
You may purchase further shares (up to 100%) as your circumstances change, should you choose to.

Is It Cheaper Than Renting?
Shared Ownership can be cheaper than renting privately as the mortgage cost and low rent usually add up to less than the equivalent rental payments to a landlord.

What If I Already Have A Home?
If you already own a property you would need to have confirmed the sale of your home when you apply to buy via Shared Ownership.
Your application would be assessed based on your housing need for you to be considered for Shared Ownership.

Will I Need A Deposit?
Yes you still need a deposit, but only on the percentage of the property you are buying. Mortgage deposits can often be from 5% of the share value.

What Is The Eligibility?
If you earn or have a household income up to a maximum of £80,000 (or £90,000 in London) per annum, you could be eligible. You can also use Shared Ownership to buy alone or with another person as long as your joint incomes don't exceed the maximum earnings bracket.

What Share Is Availableto Me?
You can purchase any share from 40% to 75% of the initial purchase price, but some properties may carry specific minimum share restrictions. You will be asked to speak to a financial advisor to assess what share you can buy that is both affordable and sustainable.