Housing Hartlepool

Housing Hartlepool currently has several shared ownership schemes, providing family sized accommodation, at various locations throughout the town. They include properties at Trinity Square on Hart Lane, Sedgewick Park, Lower West View, The Headway near Raby Rd and Warren Rd.

Future developments include

Laurel Gardens, Marlowe Rd, Hartlepool

2 bed apartments for the over 55's available now for September 2010

Easington Rd, Hartlepool

2 & 3 bed houses available from Dec 2010

Redbrooke Ave, Stockton

2&3 bed houses available from Dec 2010

New Build Homebuy (sometimes called shared ownership or part-buy/part-rent) enables people to buy a share of a property being sold by Housing Hartlepool and pay rent on the remainder.  You can usually buy as little as a 25% share and up to a 75% share.  The exact share you buy will depend on what is affordable to you. As a general rule of thumb, applicants will require a minimum income of £15,000 p/a and will need funds for a deposit. The combined monthly costs of the rent and the mortgage will normally be significantly less than buying a home outright.  Later, when you can afford it, you can increase your share until you own the whole property outright, but there is no obligation to do this -  the choice is yours.

 

You can get more information by contacting the Home Ownership Team on 01429 525246 or e mail joanne.atkinson@housinghartlepool.org.uk giving your name, address, contact telephone number and e mail address and we will contact you.

 

General information on New Build HomeBuy is available at http://www.housingcorp.gov.uk/upload/pdf/Homebuy_20060621165051.pdf