Over 55s Calculator
Let's see how much it will cost
The decision that the calculator gives you is a guide only, and not the full application assessment that takes place. This means that the decision this calculator gives you and our final decision may vary.
Here's your results!
Your contribution towards your new property
£110,000.00
Share percentage
60%
Monthly Co-Ownership rent
£145.83
This calculator is a tool for you if you hope to buy a home through Co-Own for Over 55s. The figures and shares calculated are only a guide, a full assessment of your application will take place before we can issue a Co-Ownership Approval. All applications are subject to terms and conditions and full assessment. You should not put your home on the market on the market or agree it for sale until you have received your Co-Ownership Approval.
Find out more about applying to Co-Own for Over 55s here or call us on 028 9032 7276.
We have deducted £5,000 from the sale proceeds for sale expenses.
Find out more about applying to Co-Own for Over 55s here or call us on 028 9032 7276.
We have deducted £5,000 from the sale proceeds for sale expenses.
Based on the information you have provided, it would appear that you do not currently meet the criteria for Co-Own for Over 55s. Remember, you neeed to contribute between 50% and 90% of the value of the property to be eligible.
We recommend that you give us a call on 028 9032 7276 to discuss your circumstances further.
This calculator is a tool for you if you hope to buy a home through Co-Own for Over 55s. The figures and shares calculated are only a guide, a full assessment of your application will take place before we can issue a Co-Ownership Approval. All applications are subject to terms and conditions and full assessment. You should not put your home on the market on the market or agree it for sale until you have received your Co-Ownership Approval.