Shared Ownership Properties For Sale in Colwick, Nottingham 🏡

There are several attractive Colwick shared ownership developments popping up across Nottingham right now. One option I came across is a lovely Colwick new build complex located just outside of Nottingham. These two bedroom townhouses are ideal for first time buyers or growing families. You can purchase an initial 50% share of the property for around value. That gives you a mortgage that's much more manageable than trying to purchase the full property amount outright Nottingham. Then you pay a low rental rate on the remaining 50% share still owned by the housing association. Even better, the housing association has committed to allowing residents to staircase up to full ownership within 5-10 years, increasing their share by around 10% each time. So within a decade, this could fully be your property. The location is fantastic, with quick commuter links into Nottingham and a new retail development planned next door. the service charges are very reasonable and include building insurance and exterior property maintenance. If the Colwick area isn't quite right for you, there are shared ownership options popping up all across Nottingham. It's definitely worth exploring if you've been saving diligently for a deposit but home prices still seem out of reach. Colwick Shared ownership could be your chance to finally have a place to call your own.