Finding a home to buy

shared ownership header

Shared ownership: also known as part buy, part rent - allows you to purchase a share of a home

Shared ownership homes for sale in the Peak District

  • New build - shared ownership homes for sale

    Three brand new homes for shared ownership sale
    Appletree Fields, Marston Montgomery

    • Two 2-bedroom bungalows
    • One 2-bedroom mid-terrace house

    All three are available to buy as a shared-ownership home (part-buy, part-rent).
    Shares can be purchased from 25% to 75% initially (dependent on affordability and approval of eligibility for the Shared Ownership Scheme).

    Price for a 25% share

    • 2-bedroom bungalow: £65,000
    • 2-bedroom house: £56,250

    Features

    • 2 bedrooms
    • Open plan kitchen, dining and lounge
    • Electric hob, oven and extractor hood
    • Family bathroom
    • Downstairs toilet
    • Vinyl flooring to kitchen, bathroom and downstairs toilet
    • Light oak internal doors
    • Air source heat pumps and hive
    • Turfed rear garden

    Local connection

    These homes are open to applicants with a connection to Derbyshire Dales District Council area with priority given to applicants from Marston Montgomery.

    Find out more

    • on our partner website
    • or contact the Sales Team at: sales@emh.co.uk
    • or call Philippa Osborne at Peak District Rural Housing on 0300 1234 009.

What is shared ownership?

  • How does shared ownership work?

    You buy a percentage of a home, and pay a below-market-value rent on the rest, which is owned by the housing association — but you are 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, although lease restrictions apply when buying a shared ownership home in a rural area. These often include being able to only purchase up to 80% of the property and also having a local connection to the village.

    You will be required to obtain a mortgage or use savings (depending upon your circumstances) in order to purchase the share.

    To ensure our properties are priced fairly, all home valuations are carried out by RICS surveyors.

    The rent you pay is calculated on the share that you do not own.

    On some sites a service charge may also be payable to cover the costs of things such as communal landscaping, cleaning, lighting, and lift maintenance.

  • What will you own?

    You will own a share of the property on a leasehold basis. You will have the same rights and responsibilities of a full homeowner.

  • Where do PDRHA have shared ownership homes?

    We have shared ownership across rural Derbyshire.

    Take a look at all the villages where we have shared ownership properties - please note, this is a list of all our properties, not a list of available/vacant homes.

    Register your interest

    If you'd like to be notified if any shared ownership homes become available in the village you're interested in, please complete the register of interest form (below).

  • Where do you advertise homes for shared ownership?

    Facebook

    We advertise shared ownership resale homes on our Facebook page - please follow our page to see available homes.

    Register your interest

    If you'd like to be notified if any shared ownership homes become available in the village you're interested in, please complete the register of interest form (below).

  • Further information

    To find out more about living in a Peak District Rural Housing shared ownership home, please take a look at our online shared owner handbook.

    This includes information on:

    • Responsibilities as a shared owner
    • Buying more shares and selling
    • Rent and service charges

    Register your interest

    If you'd like to be notified if any shared ownership homes become available in the village you're interested in, please complete the register of interest form (below).

    If you'd like more information

    If you'd like to find out more, please get in touch with Philippa Osborne at Peak District Rural Housing on 0300 1234 009 or at enquiries@midlandsrural.org.uk

Register of interest form:

As per our privacy policy. You can remove consent by contacting us dataprotection@emh.co.uk
To be placed on our register of interest, the Association does require applicants to meet a strict section 106 local connection criteria. Please select from the following options your connection to the village you are applying for;




(eg. renting with social housing provider, private renting, living with family etc)