Isle Of Man Shared Ownership Properties For Sale

Isle of Man Shared ownership, you purchase an initial share of the Isle of Man property usually between 25-75% - and pay rent on the remaining share that is owned by Isle of Man housing association. It's a great middle ground that gives you stability of owning your own place while keeping monthly costs lower than a standard mortgage. One development I've seen offering Isle of Man shared ownership homes is in a lovely town just outside of Isle of Man. Isle of Man properties are two bedroom terraced houses in a new eco friendly community. With features like solar panels, electric car charging, and excellent insulation, these homes have low energy bills. Inside you'll find modern kitchens and bathrooms along with open plan living spaces perfect for entertaining. Gardens and outdoor space are always a plus in Isle of Man, and these properties have decent sized rear yards. The development has lots of amenities like a shop, cafe, and children's play areas planned to help form a real sense of community. Commuting to is a breeze on the regular bus or you can easily explore the stunning countryside on your doorstep. Isle of Man Prices for a 50% share start from just which seems incredibly reasonable given the area. And as your income rises you have the option to staircase by purchasing more shares over time with the goal of eventually owning the home outright. Drop the housing association a message to register your interest I've heard there's high demand so the sooner the better. With shared ownership, owning your own home might not be as far out of reach as you thought.