LoginSubscribe to Alerts

North Yorkshire Village Living Possible Through Shared Ownership

Posted 2 June 2020 by Keith Osborne

Purchasing as little as 25% of a new home could make rural living in Yorkshire more affordable than you think...

With PropertyData reporting that house prices are rising faster in Yorkshire and the Humber than anywhere else in the UK outside the capital, you could be forgiven for thinking that buying your own home in the region is nothing but a pipe dream.

However, with the option to purchase a share as little as 25% on some developments, rural living in ‘God’s Own Country’ could be more affordable than you think.

Claire McCourt, sales manager for Together Homes, said: “With Shared Ownership, you buy a percentage and pay rent on the rest with the option to buy more shares as your circumstances change. This makes it ideal for first time-buyers just starting out on the property ladder or those starting again after a relationship breakdown.

“However, Shared Ownership [sometimes referred to as part buy-part rent] is also perfect for retired couples who don’t want the financial commitment of owning a house outright or who may need to downsize, unburden themselves of a mortgage and enjoy their retirement.”

Hambleton Chase is a striking, contemporary collection of three-bedroom homes in the historic North Yorkshire Village of Easingwold with prices starting from £64,750 for a 25% share (full market value £259,000).

EasingwoldThe village of Easingwold

Easingwold is known as the gateway to the North York Moors, Yorkshire Dales, the resorts of Scarborough and Filey and the historic Dinosaur Coast of Whitby.

This picturesque market town offers a great atmosphere in a countryside setting, with the Market Square and Georgian buildings providing an unspoilt and welcoming place to explore.

Foxley Meadows is a contemporary collection of three-bedroom homes in the charming market town of Market Weighton with prices starting from £66,400 for 35% share in a three-bedroom semi (full marketing value £189,750), which will be ready to move into in November 2020.

Located in the heart of the East Yorkshire Wolds but just 20 miles from historic York, Market Weighton has all the hustle and bustle of a thriving town, with the peaceful sanctuary of the rolling Yorkshire hills just a stone's throw away. The development is a 10-minute walk from the town centre and could be the perfect place for you and your growing family to call home.

Coming soon are new builds in the desirable village of Kirk Hammerton, which enjoys easy access to York and Harrogate, with prices starting from £60,000 for 30% share of a two-bedroom semi (full market value £200,000).

For more information, ring 0300 330 5533 or email [email protected]

 

Find retirement homes developments in the North East/Yorkshire
Find affordable homes developments in the North East/Yorkshire
Find luxury homes developments in the North East/Yorkshire

 

Sign up for email alertsGet the latest properties and updates sent directly to your inbox daily, weekly or immediately you are in control.
Subscribe to Alerts
Search news and advice

Click here to see your activities