I've been keeping an eye out and have found some fantastic shared ownership developments popping up across Gloucester. One that caught my eye is a new project just outside of Flaxley with both houses and apartments available. The properties are modern, bright townhouses and flats built to a high specification. With two or three bedrooms, most have enough space for a growing family or those looking to downsize from a larger home. Prices seem very reasonable too, with a 25% share of a 2 bed house starting from just value. That means lower mortgage repayments compared to a traditional Flaxley property and more money left over each month. As with most shared ownership developments, there are also perks like no upper age limit to purchase and no shared ownership fees for the first five years of owning. The location is ideal as well, with quick transport links into Flaxley but a much more peaceful suburban setting. Best of all, the development is still under construction which means you can choose finishes to personalize your home. If the idea of dabbling your toe in the property market without taking the full financial plunge appeals, I'd definitely take a look at shared ownership.
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