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Shared ownership houses

Cygnets Rest

by Rooftop Housing Group

Drakes Broughton, Worcestershire, WR10 2HB

2 & 3 bedroom houses

£146,250 - £176,250 for a 50% share
(£292,500 - £352,500 Full Market Value)

Rooftop Housing Association, in conjunction with Kendrick Homes is pleased to advise of the impending release of 4 shared ownership homes (1 x 2 bed and 3 x 3 bed homes in Drakes Broughton. This well designed development will offer village living with a wildlife ponds, orchard and recreational open space nearby. Each home will combine modern layouts with quality finishes, creating comfortable energy efficient living in a well connected location. Cygnets Rest, is located on the outskirts of the popular market town of Pershore and just 10 minutes from the bustling historic city of Worcester, it is a village known for its rural charm, community atmosphere, and convenient location to the A44 and junction 7 of the M5 motorway. The village offers a blend of traditional countryside appeal and modern conveniences, with easy access to footpaths, two pubs, a village hall, and a recreation ground, providing a peaceful setting with essential amenities. There is a excellent range of schools throughout Worcestershire. Drakes Broughton offers in the centre, St Barnabas C of E First and Middle School which caters for children between the ages of four and twelve plus there are several other good primary schools within a 5-mile radius. The closest Secondary options are at Evesham, Pershore and Worcester which boasts the excellent King’s School and popular Royal Grammar School as well as Tudor Grange Academy and Nunnery Wood High School Local Connnection Criteria will apply. REGISTER YOUR INTEREST NOW TO ENSURE YOU ARE KEPT UP TO DATE WITH THIS EXCITING DEVELOPMENT ‍Price list will be added when properties are released for off plan reservation.
Shared ownership

Elsea Park

by Legal & General Affordable Homes

Bourne, Lincolnshire, PE10 2AQ

2 & 3 bedroom houses

£100,000 - £117,500 for a 50% share
(£200,000 - £235,000 Full Market Value)

Elsea Park is a welcoming new community surrounded by plenty of green space just outside Bourne You will find this superb new collection of 2 and 3 bedroom Shared Ownership houses are designed for family life and modern living. Surrounded by green open spaces and several ponds, these homes are close to everyday amenities and within walking distance from the centre of Bourne, meaning everything feels within easy reach. Bourne is a place where family life feels easy, combining the charm of a historic market town with the convenience of everything you need close by. Surrounded by green open spaces, woodland walks and safe places to explore, it’s ideal for growing families to enjoy time outdoors, from Bourne Woods to the town’s parks and play areas. It is also perfectly placed for access to nearby Stamford and Peterborough for more shopping and entertainment options with a direct service to London King's Cross from Peterborough taking approx. 47 minutes. While the A15 and A1 are both easily accessible making travel to Stamford, Peterborough, Grantham and Lincoln all within an hour. Alongside this, a range of local leisure facilities, including a swimming pool, fitness centre and sports clubs, make it easy to stay active and entertained. Whether it’s school runs, weekend activities or meeting friends in local cafés and restaurants, everything feels close to hand, creating a place where families can truly feel at home. For more information, please register or contact our Sales Consultant who will be delighted in helping you find your new home. 2 & 3 Bedroom Houses Financial Breakdown: • Full Market Value: £200,000 - £235,000 • 50% Share Value: £100,000 - £117,500 • 5% Deposit of 50%: £5,125 - £5,875 • Rent on unowned share: £229 - £269 per month • Service Charge: £74- £86 per month • Council Tax Band: Tbc* Key Features: • Local amenities within walking distance • Surrounded by green open spaces and ponds • Just 6 minutes drive to the shops, bars and restaurants of the market town of Bourne • Easily accessible for local road and rail connections and direct access to London via Peterborough in 47 minutes • Rich mix of woodland, parkland and wetlands within easy reach • Family-friendly with a good selection of schools, nurseries and community facilities • Two allocated parking spaces L&G 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. For more information, please register or contact our Sales Consultant who will be delighted in helping you find your new home. Local Area Surround yourself with nature Life in Bourne brings the outdoors into everyday living, with a rich mix of woodland, parkland and restored wetlands all within easy reach. From peaceful morning walks to family adventures, it’s a setting that naturally encourages time outside. At the heart of the town, Wellhead Park and Gardens offers 21 acres of beautifully maintained green space, known for its seasonal spring blooms, landscaped gardens and tranquil, spring-fed water features. It’s a place to pause, explore and enjoy time together, with open lawns and play areas perfect for families. Bourne Woods provides miles of walking trails beneath mature trees, ideal for weekend exploring, while nearby nature reserves open up a wilder landscape to discover. Willow Tree Fen Nature Reserve, managed by the Lincolnshire Wildlife Trust, is a unique wetland habitat where cranes and other birdlife thrive, offering a rare chance to experience nature up close. From accessible parks to protected natural spaces, Bourne places nature at the centre of daily life, creating a lifestyle where fresh air, green views and outdoor freedom are always within reach. What Is Shared Ownership? If you can't afford the mortgage on 100% of a home, Shared Ownership offers you the chance to buy a share of your home (between 25% and 75%) and pay rent on the remaining share. Later on, you could buy bigger shares when you can afford to and, if you chose, own the property outright. Monthly costs to purchase via Shared Ownership are generally less than purchasing outright or renting, making it a fantastic option to get onto the housing ladder. L&G 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 Elsea Park, you'll need to: • Have a combined household income under £80,000 per annum • Not already own a property, or part of a property, at the time of completing on your purchase • Be unable to purchase a suitable home to meet your housing needs on the open market • Have a minimum of £5,000 to cover the costs of buying a home • Nomination criteria may apply - please speak to our Sales Consultant for further details 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 and Cgi Disclaimer: Council tax bands are often not released until a property is complete. For guidance, please speak with a Sales Consultant or contact the local authority. Cgi interior images are indicative of house styles from the previous phase houses.
Shared ownership

Netherhall Meadows

by DOMOVO / BPHA

Cambridge, Cambridgeshire, CB1 8AL

3 bedroom houses

From £167,750 for a 25% share
(From £671,000 Full Market Value)

Set just three miles from the heart of Cambridge, Netherhall Meadows offers the best of both worlds with modern living and natural beauty both at its fingertips. This collection of 3-bedroom homes offers more than just a place to live. With countryside views stretching for miles and Beechwoods Nature Reserve and Wandlebury County Park just moments away, it’s easy to enjoy life outdoors. You’re well connected with Cambridge Leisure Park and Cambridge train station within easy reach. Nearby top-rated schools and everyday essentials from Tesco to pharmacies to gyms, all add to the convenience, comfort, and natural beauty that makes Netherhall Meadows a truly special place to call home. Pricing: Three bedroom semi-detached houses: prices from - £167,750 for a 25% share and £506,250 for a 75% share (Based on a full market value - £675,000). Monthly Service Charge: from £45.46 (This is an estimate only) Lease Term: 999 years £1,500 incentive by way of allowance upon completion. Initial shares available to purchase between 25-75%*. *(Your application will be affordability assessed by an Independent Mortgage Advisor to determine what share you can afford to buy). Specification: Kitchen - Woodbury White kitchen cupboards - Copper Slate worktop - Matt nickel wide bow handle - Built in oven, hob and cooker hood - Integrated dishwasher, washer/dryer and fridge freezer - White prismatic kitchen tiles - Comfytex vinyl flooring – Calais 548 Bathroom - Darwin Clay Matt tile to wet areas - Comfytex vinyl flooring – Calais 548 General - Smokestack carpet - Private garden - Plot 7 – 1 car parking space - Plot 8 – 2 car parking spaces - EV charging point provided - Air source heat pump system *We reserve the right to change the specification at any time. **For further advice on EV tariff and connection criteria, please speak to your Sales advisor ***Spaces to be measured on completion of the homes Please note that the internal images are virtually staged. The property comes unfurnished. A new community built around you At Netherhall Meadows, you’ll find a welcoming community designed with you in mind. Surrounded by green spaces, wildflower meadows, and peaceful nature walks, it’s a place to unwind, explore, and feel connected. With shared ownership, owning a home here is more accessible than ever. Well-connected for a greener commute. Netherhall Meadows offers excellent access to Cambridge city centre in only 9 minutes. From here you can catch the train to Stansted Airport in 37 or London in 1 hour and 25 minutes. Alternatively, Netherhall Gardens is situated just an 11 minute drive from the M11, providing direct access to both destinations and beyond. Shared Ownership, how does it work? If buying a home seems out of reach, Shared Ownership* could be the answer and offers a great alternative to renting. Initial shares of between 25% and 75%** of our properties are available, you will pay a subsidised rent on the remaining share. In the future, you can purchase further shares in your home*** or sell your share and move on. *Properties are offered as leasehold, with a lease term of 999 years. **Shares offered are based on the affordability determined by an Independent Mortgage Advisor. ***Some properties are restricted to the level of share you can purchase. Disclaimer The information provided by Domovo, the sales and marketing brand for bpha, is prepared as a general guide only and should not be relied upon as a basis to enter into a legal contract or to commit expenditure. All measurements are approximate. Floorplans are for illustration purposes only. Photographs/CGIs provided are for guidance only, could be from a previous phase, and may not reflect items included in the property sale. Any interested party is advised to check the measurements and to consult their own surveyor, solicitor and/or other professionals before committing themselves to any expenditure or other legal commitments. All customer reviews were obtained by incentive. While we strive to provide accurate and unbiased reviews, we cannot guarantee that all information is accurate, complete, or up to date. Any reliance placed on such information is strictly at your own risk. Any interested party is encouraged to conduct their own research and make decisions based on their own individual circumstances. Please note: Your home may be repossessed if you do not keep up repayments on your mortgage
Shared ownershipGreen features
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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: