If you’ve ever dreamed of owning your own home, but you’ve not been able to afford to so far, take a look at our new shared ownership homes available at The Cedars.
They’re in a highly sought-after area in Reading and are a group of 17 one and two bedroom apartments, and three bedroom houses.
These brand new properties all have a bright, modern finish and are ideally located with easy access to Reading town centre and its many transport connections.
Reading’s highly desirable mix of retail, restaurants, schools and leisure activities make The Cedars a fantastic opportunity for first-time buyers.
Register your interest in one of the homes available at The Cedars.
What is shared ownership?
Shared ownership (also known as part buy, part rent) is a Government-funded initiative aimed at first-time buyers. It is a great way for you to have the chance to own a home in an affordable way.
You start by buying a percentage share of your chosen home (starting at 25%) and then pay a discounted rate of rent on the share that you don’t own. Over time you can buy more shares, which will reduce your rent, and you can keep buying shares until you own 100% of your home.
You only need to raise a mortgage for the share that you’re buying and the minimum deposit required starts at just 5% of the share.
Find out more about shared ownership.