SO, what's it all about?

Shared Ownership is a part-rent, part-buy government-backed scheme that makes it easier for aspiring homeowners to buy an affordable share in a new property.

It makes the homeowner dream more affordable and achievable by supporting you onto the property ladder.

  • You buy a share of your home, rather than paying rent with no return
  • You only buy what you can afford so you do not stretch yourself financially
  • You can claim up to £500 in repair costs for the first ten years 
  • You need a much smaller deposit than buying the property outright and the initial buying costs are lower.
  • It’s flexible, so when your financial situation allows, more shares can be purchased

 

You can visit the Own Your Home website here to find out more about the government guidelines for this scheme.  

At Gentoo we believe everyone has the right to live in a good quality home that they can afford. Buying a home is one of the biggest investments you'll ever make, and through our Shared Ownership offer we're helping to make the process easier and more affordable. We follow the Consumer Code for Homebuilders which is in place to ensure new home buyers are treated well, know what to expect and are always given reliable information by their builder.

SO, where can I buy a home?

Crosstree Park

Crosstree Park

Crosstree Park is a new housing development in the Downhill area of Sunderland

Coming Soon
Wellspring Park

Wellspring Park

Wellspring Park is a new housing development in the Town End Farm area of Sunderland

Coming Soon

Register your interest