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Does Magna operate a shared ownership scheme?
Yes, we do, but currently on limited sites. The grant funded scheme is based on buyer taking a 40% - 50% stake in the property and paying a rent on the balance - usually less than 2.5% of the equity value + a small service charge . In overall terms, this is cheaper than outright purchase. Shared owners are fully responsible for maintenance matters on the home. We have shared ownership homes just starting on site at McCreery Rd, Sherborne and off Pottery Lane, Weymouth.
If you are interested in Shared Ownership please contact Lin Burt on 01305 214063.
What can I expect from the Sheltered Housing Service?
Please click here
for a list of what you can expect from our Sheltered
Housing Service.
How can I get more involved in what Magna does?
There are many, exciting ways you can get involved in what Magna does. If you are a tenant, you should speak to the members of staff that deal with tenant participation (Jason Webster on 01305 216086 for Dorset or Clive Barclay on 01984 635134 for Somerset)
You could also become a member of one of our Boards, please contact Christine Curran (01305 216111) to find out more details (anyone can apply to become a Board member).
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