Posted: 18 Oct 2017
#New Home #First Time Buyer
Shared Ownership pricing structure
Buying a new home is exciting yet nerve-wracking at the same time. Typically, you can’t wait to purchase your own home, decorate it any way you like and be happy that every time you improve your home or make a mortgage payment it is an investment.
However, the process of buying a house can also seem daunting if you’re not armed with all the right knowledge. Some questions you may ask yourself are, how much is your property actually worth? How do you know if you’re paying over the odds? Who can you trust for a reliable valuation?
Shared Ownership House Prices
With Shared Ownership, you can breath a sigh of relief. We’ve made the pricing structure for all Shared Ownership homes extremely straightforward in order to give our customers peace of mind.
The price for a Shared Ownership home isn’t dreamed up. Instead, The Royal Institute of Chartered Surveyors (RICS) strictly regulates the price of all our Shared Ownership properties. As a third party, RICS ensures that the price you pay accurately reflects the current market value. This means that you’ll never pay an inflated price for your home, only what it’s actually worth.
Also, if you want to sell your Shared Ownership in the future, RICS will value the property again to ensure it isn’t undersold and that it is in line with the market value at that given time.
Are you looking for a stylish and modern home?
Southern Home Ownership is dedicated to providing stylish, high quality and contemporary new homes for sale on a Shared Ownership basis.
If you're a first time buyer and interested in owning a shared ownership property in London and the South East then click on this link to take a look at our latest developments.