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Home Ownership Services

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Leaseholders, Shared Ownership and Right to Buy

Leasehold

If your home is a flat or a maisonette and you have brought it you will have purchased the lease.  The lease is purchased for a set period of years and is managed by the freeholder, Maidenhead and District Housing Association.  This means you are a leaseholder.

Gas Servicing - All leaseholders are responsible for servicing their gas boiler annually. For more information about gas servicing please click here.

For more information about being a leaseholder please click here.

Shared Ownership - The ideal stepping stone to owning your own property

Shared Ownership is designed for people who cannot afford to buy a property outright on the open market.

Under shared ownership the purchaser buys a share of a property and then rents the remainder. The initial share bought is normally between 25 and 50 per cent of the property value. You will be the owner of this share of the property and will pay an affordable rent on the remaining share of the property, which continues to be owned by us. 

The share you purchase is usually funded by a mortgage, which you will need to arrange with a bank or building society. Although you have not bought the property outright you will have all the normal rights and responsibilities of home ownership.

Shared Ownership enables you to buy in stages. After twelve months you can increase the share you own – this is usually called staircasing - or you can stay with your original share. It's your choice! 

To view our shared ownership properties for sale please click here.

To view a copy of our leaflet, All about Shared Ownership, please click here, or you can request one by calling 0800 876 6060.

Selling your shared ownership property

If you wish to sell your home at any time in the future we will help you by offering it to applicants on our shared ownership waiting list. For more information about selling your shared ownership property please click here.

Right to Buy

If you have a protected tenancy with Maidenhead and District Housing Association you may have the right to buy your property under the Right to Buy scheme.  For more detailed information on buying your property please click the Right to Buy leaflet link. 

 PDF Right to Buy Leaflet

 

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