Shared Ownership Schemes
The shared ownership scheme is one of a range of government initiatives to help people who would otherwise be unable to buy their own homes.
Under this scheme, individuals are able to buy a share of a housing association property and pay rent on the remaining share.
The amount of equity initially purchased is normally between 25% and 75%. Gradually the shared owner may buy further shares and eventually own their home outright.
The scheme is intended to help those in housing need who would otherwise be unable to buy a property outright. Anyone who wishes to be considered for shared ownership properties must be registered with Lea Valley Homes (01582 869440) Lea Valley Homes. ![]()
The Council works with local housing associations to ensure that an appropriate number of shared ownership properties are provided on new housing developments to meet local need.
A small number of shared ownership properties may also become available if an existing owner wants to sell their share of the property. These properties will be advertised in local estate agents.
Please contact Lea Valley Homes
(01582 869440) for full information about shared ownership and home ownership schemes throughout Hertfordshire.
Our address is:
Housing Options Team
Council Offices
Gernon Road
Letchworth Garden City
Herts SG6 3JF
You might also find information on the Department for Communities and Local Government ![]()
There are also numerous Housing Associations who are landlords of existing shared ownership properties including;
