£80,000
Spacious 1 bedroom apartments
You can apply to buy the home if all of the following apply:
- your household income is £90,000 or less
- you cannot afford all of the deposit and mortgage payments to buy a home that meets your needs
One of the following must also be true:
- you're a first-time buyer
- you used to own a home but cannot afford to buy one now
- you're forming a new household - for example, after a relationship breakdown
- you're an existing shared owner, and you want to move
- you own a home and want to move but cannot afford to buy a new home for your needs
If you own a home, you must have completed the sale of the home on or before the date you complete your shared ownership purchase.
As part of your application, your finances and credit history will be assessed to ensure that you can afford and sustain the rental and mortgage payments.
Also, you must have a local connection to St Albans, Welwyn Hatfield either through residency, work or family.
Settle are delighted to announce brand new shared ownership homes available now at Colney Manor.
Homes will be allocated in line with WelwynHatfield and St Albans' Local Priorities. These are (in order of priority) 1. First Time Buyers, 2. Existing Shared Owners, 3. Existing Owners. Irrespective of which Priority Group you meet, you must live or work in either Borough or have a close relative living in either Borough. Unless you are in, or have been in, eligible roles within the Ministry of Defence, in which case the local connection isn't required. For more information please read our https://settlesales.co.uk/wp-content/uploads/2025/06/Settle-Sales-Allocation-Guide-2025.pdf
You can add locations as 'My Places' and save them to your account. These are locations you wish to commute to and from, and you can specify the maximum time of the commute and by which transport method.