Shared Ownership is a ‘stepping stone’ between renting and owning your home, enabling people who cannot afford to buy a suitable property on the open market, to purchase a property on a part buy part rent basis. It is an alternative to renting and full ownership.

The scheme is particularly suitable for people with a regular income who want to buy their own home but cannot afford to do so.

The purchaser usually purchases 50% of the value of the property and pays the rent on the part they do not own. The scheme enables people to buy a home in stages with an option to buy more shares later on.

The total monthly costs of the rent and mortgage are lower than the cost of a mortgage needed to buy the same property on the open market.

The applicant will be assessed for affordability and eligibility to see if they qualify for shared ownership.

Contact us:

Sales office open daily 9.00am – 5.00pm

Call our hotline on 01935 404639 or email us direct on corporate@yarlingtonhomes.co.uk for an appointment to view.

Price of property and weekly rent will be confirmed at the time of purchase. In addition to the capital cost of 50% share of the dwelling there is a rental and service charge payable to South Somerset Homes. The rent and service charge will increase annually.

Download the brochure:
Click on the images below to download the form.

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Register your application:
Click on the images below to download the form.

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To register an application with a zone agen please contact My Place on 0800 707 6 707 or online at www.search4myplace.co.uk

Redwood Grange, Langport

Set in a stunning rural location, at the heart of the Somerset Levels, lies Bartletts Elm; a newly createdprivate country estate set in its own groundsRedwood Grange, Phase I of the development, is the conversion of the main house to create 12magnificent apartments The original cottages create two stunning coach houses.

Each property has been designed with effortless style and elegance, using a palette of texturesand materials that compliment and contrast to enhance the character of the original buildings andcreate cool contemporary interiors.

Please click on the image below to view the brochure.

SHARED OWNERSHIP PROPERTIES AVAILABLE TO RESERVE NOW ...

Burton Close, Curry Rivel - ready now

*Also available as 45% share at £67,478 with a monthly rent of £206.18 and a 40% share at £59,980 with a monthly rent of £224.93.

Paulls Close, Martock- ready now

*Also availabele as 45% share at £49,500 with a monthly rent of £151.25 and a 40% share at £44,000 with a monthly rent of £165.

Jocelyn Park , Chard Phase 1- ready now

*Also availabele as 45% share at £44,977 with a monthly rent of £137.43 and a 40% share at £39,980 with a monthly rent of £149.90.

The Manse, Yeovil
completion March 2009

West End View, South Petherton- completion January 2009

Jocelyn Park, Chard Phase 2- completion December 2008

Bonfire Close , Chard - completion
March 2009

The Paddocks , Galhampton - completion
April 2009

South Cadbury
Brand new two bedroom bungalow

Local people will have priority allocation.

The property has been designed to meet very high ecological standards. It will be fitted with Solar Panels, Air Source Heat Pump and Mechanical Ventilation with Heat Recovery. This will reduce the impact on our environment and lower resident’s running costs.

Download the Site Plan
Download the Floor Plan

For more information please contact Karolina Davies on 01935 404639.

Resale Properties Currently Available

Ellworthy Court, Frome

Three bedroom house - just over 3 years old in an immaculate condition.

The asking price is £84,750 (50% share) with a monthly rent at £210.60

Wheathill Way, Milborne Port

Stonehill, Stoke-sub-Hamdon

COMPLETED SCHEMES ...

Jocelyn Park, Chard
Brand new one and two bedroom apartments

Northbrook Road, Yeovil
two bedroom houses

Mere Lynches Close, South Petherton
4x 2-bedroom houses
4 x 3-bedroom houses

Seymour Court , Yeovil
One bedroom ground floor flat

Barley Yard, North Street, Crewkerne (aka Old Brewery Site)
SOLD

4 x 1-bedroom apartments
11 x 2-bedroom apartments
5 x 2-bedroom houses

Charlton Adam, Neville Close - SOLD
9 x 2-bedroom houses

Larkhill Road, Yeovil - SOLD
6 x 2-bedroom flats
2 x 1-bedroom flats
4 x 3-bedroom houses

Bracey Road , Martock - SOLD
4 x 2-bedroom houses

Summerfields, Henstridge - SOLD
6 x 2 and 3-bedroom houses

Shrewsbury Road, Yeovil - SOLD
2 x 1-bedroom coach houses

Chatham Place , Curry Rivel - SOLD
1 x 2-bedroom house
2 x 3-bedroom houses

Wheathill Way, Milborne Port - SOLD
9 x 2 and 3-bedroom houses

Vincent Way, Martock - SOLD
4 x 3-bedroom houses