1/14
£69,000
Shared ownership
Shared ownership is when you buy a share in the property of between 25 and 75 percent of its market value and pay rent on the share that you do not own. The exact percentage is subject to the individual criteria of each new development or scheme.
Most people put down a small deposit on their share (minimum 5 - 15%, depending on your mortgage lender) and take out a mortgage on the rest. You can then 'staircase' your share in the property - building up to 100% in most cases.
Register for shared ownership
You will need to register your interest via our website and complete an affordability assessment with one of our panel mortgage advisors.
Am I eligible?
Serving MOD, all first time buyers and social tenants will be given priority.
If your annual household income is more than £80,000 you will not be eligible.
You will also need £2,000 to cover the legal costs of buying a home, plus enough money saved for your deposit. You must not be in mortgage/rent arrears. You must be able to obtain a mortgage and prove that you can pay your rent and service charges.
Remember you will also have to pay household bills including council tax, gas, electricity and water.
This one bedroom, second floor apartment is now available for Shared Ownership resale and offers bright and spacious open-plan living spaces moving out to a private balcony. There's a generous double bedroom with fitted wardrobes, contemporary bathroom and storage off the hall. Built in 2019 this property is in excellent condition and is within walking distance to Horsham town centre, train station and supermarkets along with other local amenities.
- One bedroom apartment
- Town centre location
- Open-plan living
- Integrated Appliances
- Fitted Wardrobes
- One allocated parking space
- Private balcony
- Close to Town Centre
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.