Find out how shared ownership works and what it can do for you.

:Shared ownership with Guinness Northern Counties.

Guinness Northern Counties

If you are looking for a new build development, please take a look at our properties in our Property Showcase

CENTRAL GRANGE, NEWCASTLE NE3: CLICK HERE

Shared ownership allows people who cannot afford to buy a home outright to buy it in stages. Purchasers buy a share of a house or flat and pay rent on the rest. A percentage of the price is paid and further shares may be bought until you own all of the property (with some exceptions for retirement schemes).  You can sell your share at any time.

CLAYTON, GREATER MANCHESTER M11: CLICK HERE

You normally buy your share with a mortgage. High street lenders are happy to loan on shared ownership properties. Ask your building society or bank about the mortgage repayments. This mortgage payment will be as well as the rent and other related costs.

As a shared owner you have the normal responsibilities of being a home owner and are responsible for paying all household bills and maintaining the property to a reasonable standard. If the property is a house the Association does not make any repairs to the property, this is your responsibility and is laid down in the Lease.

CRUMPSALL, GREATER MANCHESTER M8: CLICK HERE

You must ask us for written approval before you carry out any improvement or alteration. We will need to see the plans and details of the work you want to do. Structural alterations may require Building Regulation Approval and/or Planning Consent and we will only consider requests once these consents have been granted.

OLDHAM, GREATER MANCHESTER OL1: CLICK HERE

If you have any questions or would like a printed copy of the Shared Ownership booklet please contact us.

Guinness Northern Counties


CENTRAL GRANGE, NEWCASTLE NE3: CLICK HERE | CLAYTON, GREATER MANCHESTER M11: CLICK HERE |

CRUMPSALL, GREATER MANCHESTER M8: CLICK HERE | OLDHAM, GREATER MANCHESTER OL1: CLICK HERE |


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