Shared equity homes sell out
PART-OWNERSHIP: Sheffield Housing Company has been overwhelmed by demand for the first batch of shared ownership properties it is building in the city. Homes at its Brearley Forge development in Parson Cross were snapped up within weeks and the firm is now considering more shared ownership development. The homes were sold through Plumlife from £38,500 for a 35 per cent share of a two-bedroomed home, with a monthly rent of £164. SHC is a joint venture between Sheffield City Council, Keepmoat and Great Places Housing Group, which has a 15-year plan to build 2,300 new homes in seven of the city’s suburbs.