Description

We have a selection of 100 affordable homes coming to Leicester in 2024/2025. 42 of these will be available to purchase with the help of shared ownership.

We'll let you know more soon

Register your interest by completing the online enquiry form below. As soon as we have more information about the development and the homes on offer, you’ll be the first to know. In the meantime, learn more about shared ownership by reading further.

What is shared ownership?

Shared ownership is another way to buy your own home. You buy a percentage, and pay rent on the rest. The housing association owns part of it - but you're living there, you decorate it, and you decide when to sell.

Buying a percentage means a smaller deposit and smaller mortgage. It's a sooner first step on the ladder for lots of people. Usually, you can also carry on buying shares, to own it 100%.

The properties are sold on a 990 year shared ownership lease.

Who qualifies?

Anyone who does not currently own or part own a property and has a household income of less than £80,000 per year can apply.

How to apply

You will be required to complete an application form when we start advertising the homes for sale.

Your affordability will be assessed based on the information you provide on the application form. NCHA will make an offer based on the amount you can afford, between 25 - 75%. If your application is successful a non-refundable reservation fee of £350 is required to reserve your new home, this amount goes towards your deposit on completion.