Celebrating shared ownership week
NCHA have been selling shared ownership homes since 1986 and have already helped over 1300 people buy a new home. So we thought we would support Shared Ownership Week, from 5 – 12 October by sharing information about the scheme. Ensure you follow NCHA Sales on Twitter, Facebook and Instagram.
About shared ownership
Shared ownership is another way to buy your home. You buy a percentage, and pay rent on the rest. The housing association owns part of it — but you’re living there, you decorate it, and you decide when to sell. Buying a percentage means a smaller deposit and smaller mortgage. It’s a sooner first step on the ladder for lots of people.
Usually, you can also carry on buying shares, to own your home 100%. This is called staircasing. For many people, especially first-time buyers, it can be an easier way to own your first home. In 2021 – 2022 we had 37 buyers staircase to 100% out of 48 total staircasing completions.
92% of our customers were satisfied with our sales service. Check out some of the latest customers’ stories on our website.
Information on our schemes
NCHA design, develop and build homes for all tenures to meet the housing need across Derbyshire, Leicestershire, Lincolnshire, Northamptonshire, Nottinghamshire and Rutland. Our target is to increase the amount of high quality, energy efficient new homes for people across the East Midlands from 1,457 in the last five years to 2,100 by 2026.
We are building for the future. If you are considering buying a home, explore our new developments.
Visit the Shared Ownership Week website for more on this year’s campaign.