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Featured Property

Shared Ownership

Coronavirus

We’re still here for you

Although we’ve changed the way in which we work during the pandemic, we are still on hand to answer any queries that you may have about shared ownership. Whether you’re weighing up the shared ownership scheme or you are one of our buyers with a question, feel free to get in touch in the usual way. Our team is available via email or over the phone. It may just take us a little longer to get back to you during this time.

We will continue to launch new schemes, process applications, take reservations for properties and work with buyers where they wish to progress through to completion.

Buying FAQs

Can I still buy a home?

Absolutely. You are able to reserve your new home. However, in most cases, your application will be placed on hold at this point until the current restrictions are lifted.

Will my purchase be delayed?

We are still able to progress sales and facilitate completions whilst adhering to the government’s social distancing advice.

However, there may be a delay if your property has not been built yet as many building sites have made the decision to close in response to the outbreak. This may have an impact of timescales and the delivery of your new home. However, we will try to keep you updated with any news throughout the pandemic. 

My mortgage offer is due to expire

The advice from lenders is changing frequently. We recommend that you speak to your lender/broker to see how the current situation affects your mortgage and if it is possible for the lender to extend the offer.

Can I view my new home?

The safety of you and our employees is our priority at this time, so we are not carrying out viewings while social distancing guidance is in place. However, it may be possible to have a virtual viewing or property video of your new home. Please discuss this with a member of the sales team. 

 

 

Shared ownership is aimed at people who need a helping hand to purchase a property.

The scheme allows you to buy part of your house (between  a quarter and three quarters of the value) and then rent the remaining part at a subsidised rate.

There are no size restrictions on the home you choose as long as it is affordable to you. 

 

Take a look at our handy guide to Shared ownership here

 

You can find out more on the how shared ownership works page, and see our properties for sale below.

Alternativley contact us on 01209 200230 or email the team on home.ownership@coastlinehousing.co.uk

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