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The Fairacre Collection in Witney by Sage Housing

Witney, Oxfordshire, OX29 0YA

1 & 2 bedroom apartments and 2 & 3 bedroom houses
From £79,000 for a 40% share

 
Request Brochure 0845 224 3597
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The Fairacre Collection includes a range of 1 & 2 bedroom flats and 2 & 3 bedroom houses located on the new build development, Windrush Place. The development is close to the picturesque market town of Witney in the beautiful Oxfordshire Cotswolds. The town centre offers great shopping and there are local schools, health and leisure facilities, as well as easy access to nearby Oxford and the M40.

About the home
The homes include of a contemporary style kitchen with fitted white cabinets, living/dining area, with modern appliances including oven, hob, stainless steel extractor hood. The homes also have flooring throughout and allocated parking.

Pricing and Affordability Example
1 Bedroom Apartment example

Full Market Value-£197,500
40% share-£79,000 – Rent £271.56
50% share-£98,750 – Rent £226.30
75% share-£148,125 – Rent £113.15
Service charges estimated-£79.37 per calendar month

2 Bedroom Apartment example
Full Market Value-£225,000
40% share-£90,000 – Rent £309.38
50% share-£112,500 – Rent £257.81
75% share-£168,750 – Rent £128.91
Service charges estimated-£79.37

2 Bedroom House example
Full Market Value - £275,000
40% - £110,000 - Rent £378.13 pcm
50% - £137,500 - Rent £315.10 pcm
75% - £206,250 - Rent £157.55 pcm
Service charges estimated- £43.39 pcm

3 Bedroom House example
Full Market Value - £312,500
40% Share £125,000 – Rent £429.69 pcm
50% Share £156,250 - Rent £358.07 pcm
75% Share £234,375 – Rent £179.04 pcm
Service charges estimated- £43.39 pcm

Shared Ownership
The Shared Ownership scheme is a Part Buy, Part Rent way of owning your own home for a smaller up front payment. With Shared Ownership, you buy a share of your home using a mortgage from a bank or building society and pay a subsidised rent on the share you did not purchase. The combined mortgage and rent is usually less than you’d expect to pay if you bought a similar property outright.
At The Fairacre Collection you can buy a minimum 40% share of your home (the maximum you can buy initially is 75%). When you’re ready, you can buy more shares until you staircase to owning 100% of your home.
Prices on this development start from 40% equity share.

You will need a minimum 5% deposit (of the share value) for mortgage purposes, plus monies to pay for solicitor fees, moving costs & furnishings.

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Images may not necessarily depict the actual development and in some cases may be a typical example.