3-4 bed from £87,500 (25% minimum share)
From £87,500 (25% minimum share)
Elegant homes located just a 30 minute walk away from Birmingham city centre.
Ideal for singles, couples or young families in this exciting new community of homes and leisure facilities.
These fantastic new homes are offered for sale through shared ownership meaning you could move in for a lot less than you think.
Port Loop is an exciting new development surrounded by canals and is Birmingham’s exciting new island community.
Modern and elegant Town Houses are available, with open plan living spaces, parking available and plenty of green space to enjoy.
Our unique homes at Port Loop are offered to you under shared ownership. This means you can be living in one of these new homes by only purchasing a share between 25% and 75% and paying rent on the rest. It’s a simple and cost effective way of owning your own home.
Port Loop is a fantastic new neighbourhood with potential for up to 1,150 homes, retail and leisure facilities.
Situated just a 15 minute walk from Birmingham City Centre, the development is ideally placed to offer access to both local amenities and the city centre where a vast range of shops, leisure and eateries are available. Other interesting locations like the Edgbaston reservoir, Jewellery Quarter, Brindleyplace and Westside even closer.
Such is the uniqueness of Port Loop, you could even kayak across the canal to make your way to the city centre!
Shared ownership is a great way to get onto the housing ladder if you can't afford the full purchase price of your home straight away.
With shared ownership you purchase an initial share of your home, between 25% and 75% of the property’s value and then pay a rent on the remaining share. It’s a simple and cost effective way of owning your own home.
Even better, because you are buying a share of the property the deposit you need to have saved is smaller too.
If you wish to in the future you can decide to buy further shares in your home in stages or all at once, this is called staircasing.
You can apply to buy with shared ownership if:
This will vary depending on your circumstances. An Independent Financial Advisor will carry out a financial assessment and affordability calculator to determine the exact share you can afford to buy. They will also carry out a basic affordability check with the most appropriate lender, to ensure you are able to secure a mortgage to assist with your purchase.
Absolutely. You can choose to increase the amount you own gradually, until you own 100%. The cost of the additional shares will depend on the current market value of your home at the time you wish to buy more. By doing this you reduce the rent you are paying as you buy more of the home.
You will have a shared ownership lease which tells you your rights and responsibilities which include being responsible for the maintenance and repairs on your home as well as paying your rent, service charges and your mortgage payments.
Contact our Sales Team at your nearest development who’ll talk you though the scheme, answer any questions you may have and even help you to purchase a beautiful new home.