Shared Ownership for the Elderly

Designed specifically for the over 55's our Shared Ownership scheme for the over 55’s offers buyers a flexible, low cost way of buying a new home, even if you can’t afford the full market price.

Shared ownership for the over 55’s couldn’t be simpler. You buy 50% of your new home, and pay us a subsidised rent on 25%, with the remaining 25% being retained by Longhurst &Havelok Homes (L&H Homes). The scheme enables you to buy a brand new retirement property at half its true value, without overstretching yourself financially or tying up all your money in your home.

After 12 months, you can choose to increase your share as and when you want. If you increase the share in your home to the maximum of 75%, you won’t pay any rent on the remaining 25%. The choice to buy further shares is entirely up to you.

Our shared ownership schemes for the over 55’s enable you to enjoy all the benefits of an independent lifestyle at a price to suit your budget.

All of our properties have been designed exclusively for retired people to provide you with exceptional comfort, independence and peace of mind