New Build HomeBuy (Shared Ownership)

What is New Build HomeBuy?

New Build HomeBuy (formerly Shared Ownership or part-buy, part-rent) acts as a stepping-stone between renting and home ownership. You buy a share of a newly built home (normally via a mortgage) and pay a rent to Aragon on the share that you don’t own. For example, you purchase a 50% share of the property and pay a rent on the remaining 50% still owned by Aragon. When you can afford to do so, you may purchase additional shares and eventually own the property outright.

The flexibility of the scheme enables a wide range of people to buy a home, including:

• first time buyers
• families needing accommodation
• people who are starting over (i.e.) following a relationship breakdown
• older people looking to downsize

For more information, just click on the following items to view:

How to apply

For an application pack, either contact us on
01525 840505

or email andrea.fisher@aragon-housing.co.uk.

You can also download an:

application form