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Buy a new home - shared ownership

Shared ownership

Colne offers a variety of types of shared ownership housing schemes. Most of the properties available are one or two bedroom apartments or maisonettes. A share of the property is sold to you and then you may pay a rent on the remaining share. Often a mortgage is used to help buy your share. For a summary of the available properties and for further details please follow the link to www.helptobuyeastandsoutheast.uk.com

We have low cost home ownership properties for re-sale. Click here to see the available properties. 


Switch with Colne

 

Are you looking for your new home? Have you thought about shared ownership and staircasing to owning your own property?

We have already sold phase one at both Marconi in Chelmsford and Cottingham Park in Great Chesterford. 

But don't worry we have more affordable homes coming soon in Chelmsford at our new development Channels. 

For more information on all of our shared ownership properties and how you can apply, simply visit www.switchwithcolne.co.uk.

Leasehold retirement housing

Colne manages four leasehold retirement schemes, these contain a mixture of apartments and bungalows for people aged 55 and over. The schemes are in Colchester, Manningtree and Clacton on Sea.

Some of the schemes have a residential scheme officer, and all benefit from a 24 hour emergency alarm system so if you need to summon help you can do so easily.

Residents have use of the communal facilities such as a lounge, laundry room and gardens.

With leasehold properties you are responsible for the maintenance and decoration inside your property, but Colne are responsible for maintaining the communal areas and services. You will pay a monthly service charge towards the cost of this maintenance.

Right to Buy or Acquire schemes

If you currently rent your home from Colne you may be able to buy it under the Right to Buy or the Right to Acquire schemes. Whether you are eligible will depend on your tenancy, your property and the time that you have held a tenancy. You will receive a discount off the current market value of your property. For more information, visit the websites belo