Shard End Shared ownership could be the solution. With this scheme, you purchase an initial share of the Shard End property, typically between Birmingham5-75, and pay rent on the remaining share that's owned by a housing association. I've been keeping my eye on some excellent Shard End shared ownership developments across Birmingham. One that really caught my attention is a new project just outside of Shard End. They've got a lovely selection of two and three bedroom houses and apartments available. Since shared ownership properties are eligible for Help to Buy,Shard End you may need a deposit of as little as 5% to get started. Monthly mortgage payments and rent will likely be lower than full market rates. It's a very short commute into Birmingham by train, putting you close to all the employment opportunities in the city. But it feels like more of an escape once you're Shard End home, surrounded by green space. There's also talk of a new primary school and retail development going in nearby which will add even more value and convenience over the long run. If putting down roots in the gorgeous area has been your dream, I really think shared ownership could make that a reality. And as your circumstances change down the line, you have the option to staircase by purchasing additional shares of the Shard End property up to % 100 ownership. Why not check out the available Shard End properties and speak to the developer to see.
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