Shared Ownership Milton Keynes

The benefits of Shared Ownership near Milton Keynes

• When buying a share in a property in the Milton Keynes area with a Shared Ownership scheme, the deposit and mortgage borrowing or cash needed is considerably lower than a standard purchase of a similar home.
• Shared Ownership offers flexibility, because you’re able to buy more shares in the home as time goes on; in some cases up to 100% ownership.
• You pay a subsidised rent on the part of the property that you don’t own. When combined with your mortgage repayments, this is often a lower monthly cost than renting privately or repaying a mortgage on a similar home in the Milton Keynes area.
• If your home increases in value over time, so does the value of your share in the property.

Living near Milton Keynes

With a Shared Ownership property in Milton Keynes you can enjoy all of the benefits of:

• Great transport links and straightforward commutes to London, Oxford, Cambridge and Birmingham
• Green spaces
• Thriving Communities
• Excellent amenities

Things to do

Milton Keynes has more than 200 parks, including the renowned Emberton Country Park, as well as everything from outdoor water parks and high rope adventures to nature reserves and almost endless opportunities for walking, cycling and spending time outdoors with family and friends.

With lakes and canals to explore too, like the Grand Union Canal, along with a wide range of indoor and outdoor sporting and leisure facilities across the city, you don’t have to look far for your next adventure.

Milton Keynes also has a bustling arts and culture scene, with everything from art installations and galleries to theatres, live music venues and more.

Schools and education

There are fantastic primary and secondary schools in Milton Keynes, making it an ideal place for families - most schools in the area have great Ofsted ratings, with 9 in 10 rated Good or Outstanding.

There are also plenty of options for further education nearby, whether it’s colleges or universities like Cranfield University, The University of Buckingham or The University of Bedfordshire.

Amenities and shopping

Milton Keynes also provides a fantastic retail and entertainment experience, with two large shopping locations, along with many independent shops, markets, cafes and restaurants.

Just 10 minutes from the centre of Milton Keynes, the Community of Laconia Place offers all of the local amenities you need, including great schools, nearby parks and green spaces, along with shops, restaurants and cafes.

Why choose Shared Ownership new builds in Milton Keynes?

Our Shared Ownership new builds in Milton Keynes are designed with flexible and practical living in mind, with plenty of storage and a great blend of indoor and outdoor space - plus high-specification kitchens and bathrooms.

Our Shared Ownership houses in Laconia Place include kitchen/diners at the rear of the properties, leading directly onto the garden space. Our two-bedroom houses have two spacious double bedrooms, and our three-bedroom houses include a utility room, along with two double bedrooms and a single.

Our properties offer modern living in a vibrant Community, with our Shared Ownership scheme giving more people the opportunity to get onto the ladder.

Buying Shared Ownership Properties near Milton Keynes

In order to apply for Shared Ownership properties in Milton Keynes with Places for People, you’ll need to:

• Be eligible for the scheme
• Have a deposit available
• Be able to take out and afford repayments on a mortgage for the share of the property you are buying, if you’re not a cash buyer
• Be able to pay a subsidised rent on the share of your home that you don’t own.

For many people, the upfront and ongoing monthly costs of Shared Ownership will be lower than when buying a property important to seek independent financial advice for your own circumstances.

Find out more about the Shared Ownership process and eligibility requirements.