Shared Ownership in Hertfordshire
Amid unspoilt countryside and thatched cottages lies the beautiful county of Hertfordshire. With its commuter towns, picturesque location and unbeatable connections to London, this county has been voted the third best place to live in the UK by Uswitch.
Regarded as a Garden City and located just North of the Capital, this pocket of green space is quickly becoming a sought after hotspot for young professionals and families alike. And with Shared Ownership, Hertfordshire is now very much a favourite among first time buyers looking to get on the property ladder in a prime location.
From 4 bedroom detached homes with spacious gardens and driveways to open plan apartments with a spare room for guests, there’s something to suit everyone.
A hint of history in Hertfordshire
Think ornate Cathedrals, tree-line boulevards and medieval castles, Hertfordshire is steeped in history that infuses an undeniable sense of character and quirk. With St. Albans’ bustling markets, independent shops and unbreakable community spirit, there’s no shortage of charm in Hertfordshire’s main city. Home to the grandiose St Albans Cathedral, Verulamium Park with its ornamental lakes and ancient Roman walls, there’s always something new to discover. The area is also home to 10,000 acre Lee Valley Regional Park, miles of whimsical woodland and enchanting nature trails with plenty of adventures to be had in the great outdoors.
Visions for the future
New homes for sale in Hertfordshire are perfect for families and first time buyers alike. With trains to the capital getting you to King’s Cross Station in under 30 minutes, the commuter lifestyle is a real appeal here. Tranquil stretches of greenbelt are ideal to return to after a day in the fast-paced urban jungle.
A Hertfordshire Home To Call Your Own
With the laid-back pace to life here in Hertfordshire, an easy move onto the property ladder and into your shared ownership home really seems quite fitting. So, what does ‘Shared Ownership’ mean? When buying a Shared Ownership home, initially you can buy anywhere between 25% and 75% of the home. You would take out a mortgage for the share you are buying, or in some cases you can be a cash buyer. On the outstanding percentage of the property that you don’t yet own, you pay a subsidised rent. Shared Ownership is a ‘part buy, part rent’ way of owning your own home for a smaller upfront payment – making it easier for buyers to get on the property ladder. The combined monthly mortgage and rent payments are often less than if you were to buy the home outright and can sometimes be less than if you were renting.
What are the next steps?
Or complete the Property Enquiry form to find out more about new homes in Hertfordshire.
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