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Shared ownership houses

Westcombe Park

by CHP

Maldon, Essex, CM9 4HE

1 bedroom apartments

From £70,000 for a 35% share
(From £200,000 Full Market Value)

A selection of one bedroom new build apartments available for Shared Ownership in the Crest Nicholson section of Westcombe Park in Heybridge, Maldon, Essex. Expected July / August 2025 (subject to change). Features include: • Fully fitted kitchen with integrated appliances • Flooring throughout • Neutral décor • Double glazing • Electric heating • Allocated parking with electric vehicle charging point • New build warranty Situated next to the historic market town of Maldon, Westcombe Park in Heybridge is a new community of homes set in a semi-rural location. Westcombe Park is surrounded by woodland and farmland but is still well-connected, with convenient access to shops, schools and a wide range of other amenities in both Heybridge and Maldon. There are an abundance of waterways and open spaces for all the family to explore, including Heybridge Basin and Promenade Park. For those preferring indoor activities, Blackwater Leisure Centre and Park Drive Health Club in Maldon offer a range of sporting activities. There is a selection of primary schools and pre-schools / nurseries in the area, with the Plume Academy being the local catchment secondary school. To expand on the existing local facilities, the masterplan for Westcombe Park includes future provision for a new primary school and nursery, sports pitches, allotments and neighbourhood centre. Access to Essex’s main road route, the A12, is just nine miles away, providing convenient connections to the A120, A414 and M25. Chelmsford can be reached in around 20 minutes and Colchester in around 25 minutes. There are two train stations to choose from at Witham and Hatfield Peverel; from either, London Liverpool Station is around a 40-minute journey. Westcombe Park is served by local bus routes which run along the edge of the development connecting Heybridge with Chelmsford, Hatfield Peverel and Witham railway station. For international travel, Stansted Airport is a 50-minute drive away.
Shared ownership

Broadland Fields

by Legal & General Affordable Homes

Thorpe St Andrew, Norfolk, NR13 5AX

1 bedroom houses

from £51,250 for a 25% share
£205,000 Full Market Value

FINAL HOME AVAILABLE!Discover Broadland FieldsA stunning collection of contemporary 1 bedroom houses available for Shared Ownership. Located on the edge of Norwich, north of Postwick, close to the River Yare, this new community offers the perfect place to put down roots in a home of your own.Your new home at Broadland Fields has been built around your lifestyle including modern, open plan living areas that are full of natural light. Kitchens are streamlined and well equipped, with integrated appliances and ample workspace to show off your culinary skills. Finished to a high specification, every home has space for a home office helping you strike the perfect work-life balance.Benefitting from a superb range of nearby amenities, including local pubs, schools, restaurants and sports clubs, you'll never be bored at Broadland Fields. And you'll have all the facilities of a major city - including excellent shopping - on your doorstep. Whether you're heading into Norwich for a big night out, or enjoying a boat ride along the Norfolk Broads, this is a location that offers the best of town and country.Legal & General Affordable Homes is offering a unique opportunity to purchase a new home here through Shared Ownership. Thanks to this scheme, you can get on the property ladder sooner than you think with a lower deposit.Financial Breakdown houses:Full Market Value: £205,00025% Share Value: £51,2505% deposit of 25%: £2,563Rent on unowned share: £352.34 per monthService Charge: £65.04 per monthCouncil Tax: TBC*Estimated monthly cost: £705* per monthFor more information, please register or contact our Sales Consultant who will be delighted in helping you find your new home. WHAT IS SHARED OWNERSHIP?Shared Ownership is a more affordable way to have the security and stability of owning your own home. Shared Ownership is a government backed part buy/part rent scheme designed to help you take that first step on the property ladder. The scheme enables buyers to purchase a share of the value of the home - this is usually between 25 to 75 percent of the value of the property - and pay a subsidised rent on the remaining portion. You have the option to buy a bigger share in the property at a later date (known as Staircasing).Legal & General Affordable Homes are a Registered Provider offering these apartments for sale on a Shared Ownership basis. We are creating communities to live, grow and flourish and are committed to removing the stress and anxiety associated with moving house, whilst delivering customer satisfaction and quality new homes. ELIGIBILITY CRITERIA:To be eligible for a home at Broadland Fields, you'll need to:Have a combined household income under £80,000 per annumNot already own a property, or part of a property, at the time of completing on your purchaseBe unable to purchase a suitable home to meet your housing needs on the open marketHave a minimum of £5,000 to cover the costs of buying a home If you don't meet the eligibility criteria for this development, you may still qualify for a shared ownership purchase at one of our others, so take a look at our website for more information.*Council tax bands are often not released until the property is complete. If you need any guidance, please get in touch with our Sales Consultants otherwise the local authority or the developer may be able to help.Exterior image of homes at Broadland Fields has been edited for visual purposes and is indicative only. Interiors CGI's are taken in an actual 2 bedroom apartment and are representative only. Please speak with a Sales Consultant for full information. 
Shared ownership

By The Park

by VIVID

Littlehampton, West Sussex, BN17 6FE

1 bedroom apartments

From £80,000 for a 25% share
(From £320,000 Full Market Value)

Apply now for brand new1 bedroom apartments coming soon to Littlehampton!​ By the Park is a unique Scandinavian inspired development of 1 bedroom flats . Located in the bustling, traditional seaside town of Littlehampton. The development is aptly named, sitting alongside Rosemead Park. Littlehampton’s main high street in town is a few minutes drive by car and features a whole host of shops, from fashion and food stores to a pharmacy & post office. Bars and restaurants are plentiful, you will be spoilt for choice when dining out. As with any historic town there are various points of interest. Along the High Street you will find the Millenium Clock Tower and Littlehampton Museum with its collections of art, natural history and war time artefacts, to name a few. If you enjoy being outdoors, Littlehampton is a great place to be. There are several recreation grounds and parks nearby, ideal for a picnic or leisurely dog walk. For budding footballers in the family, there’s a football club close by, catering for children up to 8 years old. Heading South to the beach makes for a great day out. There’s everything you would expect from a seaside town. Get yourself tickets for a movie at the Windmill Cinema, win a toy at the amusements, play a round of crazy golf or visit the miniature railway. All situated close to the promenade where you can grab refreshments, relax and breathe in that fresh sea air whilst taking in the view. Just across the River Arun, accessible by car, you will find a golf club and the local jet ski/yacht club. There really is something for everyone. Primary & secondary schools are close by, easily accessed by foot or a few minutes by car. If transport links are high up on your list of must haves, you will find Littlehampton ideal. Surrounding areas are well serviced by bus and for trips further afield, the train station links to the major hubs. You can be in Portsmouth in just under an hour and London in under 2 hours. By road you are approximately 10 miles east of Chichester and heading the same distance west you will be in Worthing. If you are planning a trip to the vibrant and diverse town of Brighton, a 45 minute drive will be all it takes to get you there. View Brochure
Shared ownership
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How does Shared ownership work?

Shared ownership allows you to buy a share of a new house and pay rent on the remaining part. It is a government-backed incentive scheme, primarily aimed at helping first time buyers onto the property ladder. You can also use it to buy a bigger home than you can afford on the open market.

The percentage you can purchase may be different depending on where you buy the home:

Shared ownership is also known as ‘part-buy, part-rent’.

You will purchase your shared ownership property via a housing association or council. The home will be a new build or a re-sale of an existing shared ownership property, of which you’ll need to purchase the same percentage of shares as the existing owner, or more.

You will need a deposit and a mortgage on your share of the property that you are buying. The remaining share is owned by the housing association or council, and you will pay rent comprising up to 3% of this amount.

Although the housing association may have shares of up to 90% in your home, you will become the owner of the lease. As the leaseholder, you will be responsible for repairs inside the property and the housing association will take care of the outside.

To cover any costs that might be necessary for outside work, you will need to pay a service charge, usually paid monthly. It is a good idea to find out how much the service charge is and factor that into all monthly outgoings before you agree to buy.

Shared ownership eligibility

In England, this scheme is available to those in a household with a combined income of less than £80,000 a year (or £90,000 in London), and you are unable to afford a deposit and mortgage payments on a suitable property for you and your family. In Wales, you must have a combined income of less than £60,000.

There are other criteria you must meet, such as:

  • being a first time buyer, or
  • if you used to own a home but can no longer afford to buy outright, or
  • you want to move from one shared ownership property to another, or
  • you're setting up a new household, for example after a relationship breakdown, or
  • you currently own a home, and wish to move but cannot afford to buy outright.

You will also need to have no outstanding credit issues, so make sure you get your finances in order before you apply.

Criteria varies by country, so be sure to check before applying.

A development of Shared Ownership homes in England

What is Staircasing in Shared ownership?

You can buy additional shares of your home, usually in increments of 10%, until you own the majority or all of your home. Some older leases set the minimum amount at 25%, and newer ones may allow you to buy as little as 5% at a time. There are some instances where you may be able to buy 1% shares.

This process is called staircasing and allows you to own more of your home as you earn more money or can afford a bigger mortgage. Each time you wish to purchase more shares, these will be based on the value of the home at the time of buying the shares, and not the value of your home when you first bought it.

You will need to pay for a professional valuation of your property to determine the value of the shares before you can buy them. Buying more shares in your home will also mean paying less rent.

Things to consider before buying a Shared ownership home

There are other factors which may impact your decision on whether shared ownership is right for you:

  • You will still need a deposit for the mortgage portion of your home, usually between 5% and 10% of the value of the mortgage.
  • All usual moving fees apply including surveys, stamp duty and legal costs.
  • If you’re aged 55 or over, you may be eligible for Older People’s Shared ownership (OPSO) but bear in mind, you will only be able to own up to 75% of your home.
  • If you are a key worker, then a percentage of properties through housing associations will be allocated to those who work for the NHS, police, local authorities, Ministry of Defence and many more. Ask the housing association for more information.

Useful links

Shared ownership providers

The following housing associations and developers have shared ownership properties available throughout the UK which you can enquire via this website: