If you would like to buy a new home, but cannot afford current prices, a Landspeed shared purchase unit may be the answer.

We at Landspeed Affordable Homes have many years experience in dealing with shared ownership and shared equity properties and answers to some of the most frequently asked questions may address some of your queries. To view these frequently asked questions click here.

What is Shared Purchase?
An affordable way to get onto the property ladder.

Through our schemes you will initially buy a share of a property, based on no more than 75% of the open market value for shared ownership or 80% for shared equity.

Your purchase can be funded by a mortgage but unlike other schemes, we do not charge rent on the unsold part (apart from an annual ground rent).

We are presently (November 2009) working on bringing forward a number of schemes delivering, in excess of 300 affordable units, across England.

We currently have 3 shared equity apartments available in central Birmingham priced at 50% of open market value (see below)

Planning has recently been granted for 2 two bedroom houses alongside 2 luxury homes in the village of Clapham near Exeter.

To register or apply for one of our future developments please print off, fill in and return the application form which you can find by clicking here.

Current Schemes:

Central Birmingham Shared Equity Apartments -Bishopsgate Street, Birmingham All units are reserved as at 13th January 2010 Plot No. Size Purchase price (50% of market value) Annual service charge & ground rent Status 1 1 bed £56,000 £1,132.75 (£94.40 pcm) Available 2 2 bed £66,000 £1,322.11 (£110.18 pcm) Reserved 4 2 bed £70,000 £1,407.74 (£117.31 pcm) Reserved Price represents 50% of open market value and will be secured via a shared equity sale. All properties have fully fitted kitchens and bathrooms, electric storage heating and are carpeted throughout. For more information please contact us on the telephone number above. If you would like to know what your mortgage capacity would be we work closely with a mortgage broker, 'New Homes Mortgage Helpline' Click here for more infomation on these and the free information they can offer to you.

 

Previous Developments:

	Hastings, East Sussex - Completed 2006 Situated in an attractive hillside location, less than four miles away from the town centre, these high quality apartments are constructed by Persimmon Homes one of the UK's most successful housebuilders. NO PROPERTIES AVAILABLE
	(read more)
	Little Plumstead, Norwich, Norfolk - Completed March 2007 Situated in an attractive countryside location, approximately 8 miles from Norwich City Centre, this selection of 29 shared ownership houses forms part of a larger development. The scheme comprises a mix of 12x2 bed and 17x3 bed houses. NO PROPERTIES AVAILABLE
	(read more) Please click here to see recent photographs of Little Plumstead.

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