South Liverpool Homes has launched a new tranche of Shared Ownership properties in Speke through its sales arm Redwing, offering local buyers the chance to purchase a stake in a new home from as little as 25% while paying subsidised rent on the remainder. The scheme arrives at a pivotal moment for the city's housing market, as Liverpool continues to grapple with a widening gap between wage growth and house price inflation that has locked a generation of aspiring homeowners out of conventional mortgage routes.
Speke Shared Ownership Scheme Signals Liverpool's Affordability Push
South Liverpool Homes' Redwing partnership brings part-buy homes to Speke, spotlighting shared ownership's growing role in the North West.
Source
Developed from the original report.
Topics
Shared OwnershipLiverpool PropertySpeke RegenerationAffordable HousingHousing Associations