We provide people with different options for owning their own home. Our communities come in all shapes and sizes, providing quality homes for individuals and families across the country.
Homes for shared ownership
We offer shared ownership homes to people who want to become homeowners but are priced out of the private market. Our homes range from city centre apartments to family homes in communities throughout England. Buying a stake in a home means that people part own their home and pay rent on the remainder. They can buy additional shares in their home from Clarion at any time, in a process known as “staircasing.”
We have more than 8,500 shared ownership properties and built almost 800 in 2019/20.
Getting a foot on the property ladder
Having started a family, Arron and Lauren had outgrown their home and wanted a place to call their own for their young daughter to grow up in. They wanted to be able to stay near their family and friends but could not afford to buy a home. We found them a new Clarion home available for shared ownership.
Lauren said: "Financially, our only other alternative would have been to rent a larger property locally, so this was a no brainer for us. When we first started looking at home ownership, we weren’t sure it was going to be possible for what we required, at least not yet, so it’s a great feeling to be able to get a foot on the property ladder. We love it, our daughter loves it, we have more space - it feels like a family home, and it’s ours."
Latimer offers homes for sale on the private market. There are various new developments to choose from, featuring homes in different styles, sizes and price points.
Our income from private sales rose by £17 million in 2019/20 and our sales rose to 109 from 97 the year before.
As with all our companies, Latimer’s profits are reinvested in our work to provide affordable housing and develop communities.
Some of Latimer’s current developments can be seen here.