Key Worker Shared Ownership is a government funded scheme to
help key workers buy a share in a home close to their place of
work.
Similar to other shared ownership schemes buyers usually
purchase 40-50% of the property and pay a subsidised rent on the
balance to Raglan who own the remaining share.
Sometimes homes are specifically built for key workers, as the
need is identified by the local authority but key workers can apply
for any shared ownership homes not just those marketed to them.
For information on eligibility and on key worker homes generally
check
the Department
for Local Government and Communities website.
Raglan is pleased to advise that 6 shared ownership apartments
available for keyworkers are currently being developed at
Elm Park Court, Eastbourne. Successful applicants will
need to be registered with
Moat Housing Group,
the Keyworker Zone Agent for East Sussex.
Later in 2006, further key worker shared ownership apartments will
be available in Southampton. For more information, please contact
our Home Ownership Team by
email sales@raglan.org
or call 01202 296991.
If you would like to rent a property then Raglan currently has
several
refurbished
studio flats available to rent at Bickley near Bromley in
Kent.