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A two bedroom semi detached house built to accommodate adaption for a household with a wheelchair user.
Shared Ownership - Shares available from 25%
If you can't quite afford a mortgage on 100% of a home or are struggling to save for a big deposit, Shared Ownership offers you the chance to buy a share of your home. You would then be able to buy your home in stages as and when you can afford it, this is called stair-casing.
Lincolnshire Housing Partnership will own the remainder that you don't buy and you will pay a rent to them for this share.
Full market value £190,000
Initial shares available between 25% and 75% of the full market value with the possibility of purchasing 100% in the future
25% share £47,500 rent payable on 75% share £326.56 pcm plus service Charge
50% share £95,000 rent payable on 50% share £217.71 pcm plus service charge
75% share £142,500 rent payable on 25% share £108.85 pcm plus service charge
Current service charge Building Insurance £2.41 pcm & Admin charge £0.24 pcm