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Purchase a 25% share for £39,987 of a 1 bedroom apartment valued at £159,950

For example, with shared ownership live in an idyllic location on the river Purwell in the historic town of Hitchin from just £418 per month.**

This figure is based on a shared ownership mortgage purchasing a 25% share of a one bedroom apartment (valued at £159,950) with rent payable on the remainder – plus a mortgage subsidy of £200 per month for 2 years. Offer available on limited plots. The assumed mortgage term is based on a mortgage term of 25 years mortgage at a rate of 7.0% with a deposit paid on the share. A minimum income of £21,000 (single or joint) is required.

Click here to use our Shared Ownership Calculator.

Key Features
· Purchase from 25% to 75% of the property value, paying rent on the remaining share
· Contemporary interiors with high quality fittings in kitchens and bathrooms
· Secure allocated parking
· Only 5% deposit required on your mortgage (subject to status)
· Stamp duty paid*
· Legal fees paid up to £1000

Typical interior images

Assettrust@Riverside Court has both maisonettes and apartments for sale so whether you have a family, a partner or live alone, there’s a perfect home for you. All homes have well planned contemporary interiors with high quality fittings from leading manufacturers.

The name Hitchin is associated with the small river that runs through the town, most picturesquely in front of the east end of St. Mary’s Church, the town’s parish church.

Hitchin is close to the larger centres of Luton and Stevenage, and is linked by the A505 to both the A1M and M1. Trains to London Kings Cross take about 40 minutes on average, making Hitchin an ideal town for city commuters. Also about three miles from the A1(M) and about ten miles from the M1, giving easy access to London, Stevenage, Peterborough and Cambridge.


About Assettrust Shared Ownership

If you’re trying to buy a home of your own, then you probably know how difficult it is to make that first step onto the ladder. Assettrust Housing is here to help, with shared ownership schemes that reduce start-up costs and monthly repayments.

Assettrust Housing is a privately financed company established in 2003 to provide affordable homes on a rental or shared ownership basis throughout England and Wales. We do not use government grants to fund any of our schemes.

Our policy is to combine traditional values with state of the art management and financing techniques. We are governed by a charter which ensures fair rents, high standards of maintenance and effective long-term management. Assettrust tenants and owners live in high quality new homes of modern design, which include large urban mixed-tenure developments or smaller schemes.

* Stamp duty paid where applicable up to a maximum share value of £250,000.
** An additional service charge will be payable. The overall cost of comparison in this example is 7.3%. Your home may be repossessed if you do not keep up with the repayments on your mortgage.

Interior images are indicative only and may not accurately reflect the final specification or aspect of the apartments.