Half of the new homes built in the regeneration area will be affordable and 25% of these affordable homes will be available for shared ownership or shared equity.
Details of new homes for shared ownership will be available from 2017.There'll be a mixture of home types and sizes on offer ranging from 1-bedroom flats to 4 bedroom houses.
Shared Ownership enables you to buy a share of a property that you can afford – usually between 25% and 75% - and pay Notting Hill Housing rent at a level below market value on the rest. We’ll help you work out what share you can afford to buy so that you won't be stretched financially. With shared ownership you can usually buy further shares of your home as and when you can afford to.
As part of the Aylesbury Development Partnership Agreement, Notting Hill Housing will be offering a number of new shared ownership homes in the regeneration area to existing resident Aylesbury homeowners on terms tailored to meet the needs and the financial circumstances of individual leaseholders.