1Eligibility
The first step in buying a home with Shared Ownership in Cheshire is to assess your eligibility. If you meet the criteria, you’re ready to start home hunting!
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Register your interest for Cheshire
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Shared Ownership in Cheshire
Explore idyllic Shared Ownership houses in Cheshire, and immerse yourself in this stunningly beautiful and richly historic county
Exceptional Shared Ownership homes in Cheshire
Cheshire is perfect for first-time buyers, families, or individuals seeking a blend of cosy country living and convenient urban life. The county has enviable travel links to some of the UK’s most bustling regions, and some of the country’s best schools are right on your doorstep.
If you’re looking for affordable Shared Ownership homes in east Cheshire, you’re in the right place. Our brand-new Millbrook Place development has a wide range of two- and three-bedroom houses to get you on the property ladder.
Get ready to call Millbrook Place your new home
When it comes to Shared Ownership homes in east Cheshire, Millbrook Place is the place to be. This brand-new development is located just 10 minutes from the centre of Crewe, and has a range of two- and three-bedroom Shared Ownership properties to suit any kind of lifestyle or budget. It’s also surrounded by lots of open green spaces with play areas and space to exercise, alongside a community orchard to build lasting relationships with your neighbours.
If you travel into Crewe, you can hop on direct trains to some of the UK’s most exciting cities, including London, Manchester, Cardiff, and Edinburgh. And in less than an hour’s drive, you’ll find yourself at the Peak District National Park – one of the UK’s most picturesque areas of natural beauty.
Millbrook Place is a truly forward-thinking place to live, with solar panels and electric charging points to every Shared Ownership home. So if you’re looking to get on the property ladder this year, get in touch with our friendly team to learn more.
Why Cheshire?
- Our Shared Ownership homes in Cheshire mirror the county’s blend of modern and traditional living, with contemporary home design situated amongst stunning natural beauty and open green spaces.
- Residents living in Millbrook Place can reach several nurseries, primary schools, and secondary schools within a 10-minute drive; perfect for growing families wanting to immerse themselves in the local area.
- Cheshire has a thriving food and drink scene, with countless farm shops selling fresh produce and popular independent restaurants to cater to every preference.
- Walking trails and country parks can be found all across the Cheshire countryside, including Tatton Park with 50 acres of landscaped gardens to explore.
How does Shared Ownership in Cheshire work?
The Shared Ownership scheme is simple: you buy an initial share (typically between 25% and 75%) of the property’s full value and pay a subsidised rent on the remainder.
You may purchase further shares (up to 100%) as your circumstances change, should you choose to. This is a process known as ‘staircasing’.
How do I know what percentage I can purchase?
You can purchase a share of the initial purchase price, typically from 25% to 75%. Some properties may carry specific minimum share restrictions. You will be asked to speak to a financial advisor to assess what share you can buy that is both affordable and sustainable.
Is Shared Ownership cheaper than renting in Cheshire?
Shared Ownership homes in Cheshire can be cheaper than renting privately as the mortgage cost and low rent sometimes add up to less than the equivalent rental payments to a landlord. The specific costs of your new home will be outlined prior to purchasing your share, so you’ll be aware of what’s being charged before signing.
How do I view a Shared Ownership home in Cheshire?
Once our homes are ready to be viewed, we welcome visitors to book a viewing with our sales consultants and take a look around our show homes. At this time, we will also have a discussion around your requirements for your new Shared Ownership home and will provide more information on how the scheme works.
However, if our homes are not yet ready to be viewed, our sales team will make sure that you’re provided with as much information as possible about your new home and the wider development.
How to buy a Shared Ownership home in Cheshire: a step-by-step guide
2Find a home
Browse through our available Shared Ownership properties in Cheshire. Once you’ve found one you’re interested in, you’ll need to arrange a viewing and see your prospective new home in person.
3Arrange a viewing
To find the ideal home that suits you, it’s best to see the property yourself. Book an appointment with us here to arrange online or in-person viewings.
4Affordability
Speak to a mortgage broker to understand your affordability and see how much of the home you can buy.
5Application
To secure the Shared Ownership property in Cheshire that you’ve fallen in love with, complete the application paperwork and pay the reservation fee.
6Legal paperwork
With the reservation complete, you’ll need to instruct a solicitor and begin your legal paperwork to purchase the property. We make the process as smooth and seamless as possible, including breaking down technical terms with our jargon buster.
7Secure mortgage
Alongside the legal paperwork, you need to find a Shared Ownership mortgage that suits you and complete your mortgage application. You can either do this yourself or use a mortgage broker. Your lender will carry out affordability checks to ensure that you can afford the mortgage repayments. See our affordability calculator to understand what you can afford.
8Sign contract
With the mortgage in place, get ready to sign on the dotted line and pay your deposit. This is an exciting part of the process where you’re really close to your dream of homeownership.
9Exchange
It’s time to exchange contracts, which are legally binding agreements between you and us for the purchase of your property. You will also find out more about your It’s time to exchange contracts, which are legally binding agreements between you and us for the purchase of your property. You will also find out more about your completion and move in date during this stage of the process.
10Move in
Congratulations! You can now move into your new Shared Ownership home in Cheshire and make it your own.
You’ll still need to pay rent on the remaining share of the property you don’t own. The rent is usually set at 2.75% of the share that you don’t own. You can also choose to increase your ownership share over time via staircasing.
Get in touch
We look forward to hearing from you. Please contact our dedicated Sales Team who will be delighted to help you find your new home.