Buying & Selling Shared Ownership
The Association has a small number of shared ownership properties in Katewell Avenue, Achamore Road, Fettercairn Avenue and Achamore Crescent. Shared Ownership is where a resident can purchase 25%, 50% or 75% share of their home while paying rent for the remaining percentage owned by the Housing Association. Shared ownership properties are always leasehold homes. When you buy your home, you become the owner of the lease. As the owner of the lease, you have rights and responsibilities just like any other owner. As an owner you will be responsible for any repairs inside the property.