Shared Ownership
We have a great choice of quality new build Shared Ownership homes available for sale now. Take your pick from a choice of exciting developments in great locations across the North Home Counties.
Homes for sale-
Social and affordable rent
At the heart of Thrive Homes is the provision of social housing, available through the Housing Register for social and affordable rent.
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Shared Ownership
Thrive is a reliable Shared Ownership developer. We offer quality, modern homes at affordable prices.
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Rent to Buy
A great option for people who are looking to save a deposit to buy their own home. The scheme is designed to ease the transition from renting to buying a home by providing subsidised rent.
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Private Market Rent
Thrive Places offer homes for market rent with a well-established, trusted and professional landlord.
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Mutual Exchanges
Mutual Exchange is often the quickest way of moving home if you already live in rented social housing across the UK. This scheme is ideal if you are looking to move into a new area or you are a low priority on the housing register.
Providing homes where people can thrive.
Definitions of tenure types:
Affordable housing options
- Social rent is based on a government formula equating to approximately 50% of local market rent. At Thrive Homes, social rent is on average 40% of the market value.
- Affordable rent is the usual rent for newly developed homes, set at up to 80% of the local market rent. Thrive Homes cap this at Local Housing Allowance rate which is less than 80%.
- Intermediate rent comprises of homes for rent at a cost above social rent but below the market level.
- Shared ownership is where the occupier of the home buys a percentage of the property and pays rent on the rest (typically to a local authority or housing association). These homes are for those that meet the national qualifying criteria of income less than £80,000 per annum.
- Rent to buy is a government scheme designed to ease the transition from renting to buying a home by providing subsidised rent. It is often seen as ‘try before you buy’.
Other
- Market rent is the average in an area (by property type) that someone would pay if renting a property from a private landlord.