Applicants who become shared owners can purchase additional shares in their home as their income increases. The price of the whole property may have changed since being originally bought; the price can go up or down. You will pay the current market value. When you purchase more shares your rent decreases.
Newlon will arrange for your home to be valued by an Independent Valuer, you will have to pay the valuers fee.
The additional share purchased must be a minimum shared of 10% up to the maximum of the remaining share. You may staircase, as many times as you wish until you own 100% of your property.
To buy more shares please contact:
Olubukola Adedokun-Abiiba
D/D 020 76137539
mob 07767787685
olubukola@newlon.org.uk