Partially owned homes for residents who require extra care
What is extra care partial ownership?
You can purchase as little as 40% of a property or as much as 80% at the time of initial purchase. The percentage that you initially purchase is based on the amount of funds / income that you have at the time of purchase. You will be required to purchase the highest percentage that your funds allow.
You will need to make your own financial arrangements for purchasing your home. If you do not have the funds available, but you currently own property, you will need you sell your property to release the funds.
You will then be required to pay rent for the remaining percentage.
Who do I contact for more information?
Please contact the GHA and ask to speak with one of the Housing Officers who deal with Extra Care - they can be reached on 01481 245530.
