Shared Ownership Opportunity with Lincolnshire Housing Partnership
Lincolnshire Housing Partnership is pleased to offer two 2-bedroom houses for shared ownership, providing an excellent opportunity for those looking to step onto the property ladder. Each property is valued at £170,000*, with a minimum initial share purchase of 25%.
The remaining equity will be retained by Lincolnshire Housing Partnership, with rent payable on the unowned portion. The monthly rent will depend on the share purchased. An example of the rent figures are:-
If purchasing a 25% share, the rent will be £292.18 per month*.
If purchasing a 50% share the rent will be £194.79 per month*.
If purchasing a 75% share the rent will be £97.39 per month*.
This flexible scheme enables buyers to choose an ownership level that aligns with their budget while benefiting from affordable rent on the remaining share.
In addition to rent, a monthly service charge will be applicable to cover the maintenance of communal areas and essential services. The exact amount will be confirmed upon enquiry and will contribute to the upkeep of shared facilities, ensuring a well-maintained and high-quality living environment.
For further details or to express your interest, please contact Lincolnshire Housing Partnership at SharedOwnershipRTB@lincolnshirehp.com
*Estimated price – to be confirmed upon application.