Shared Ownership

Family Homes Shared Ownership in Essex

Shared ownership is a government scheme which helps individuals, mostly first-time buyers to get onto the property ladder. Shared ownership Essex means that you can purchase a share of a property, and then rent the remaining share as you can’t afford to purchase it all at once. You will have the option of purchasing more shares into the property at a later date once everything has been sorted and you have settled into your new home. To be eligible for shared ownership with Moat Homes you will need to at least 18 years of age, and not able to purchase a property which is suitable to your needs on the open market and plus you will need to be a first time buyer or already be a shared owner, however there are some other circumstances which will be accepted depending on your current situation. Also, your household income must be under £80,000, although if you live in the London borough it will need to be less than £90,000. Moat Homes is a fantastic association which currently has a fantastic team of over 300 members of hard working, dedicated staff and the provide high quality provides homes in different communities throughout the South East of England.…