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£251,300
Three-bedroom end of terrace house for Shared Ownership resale
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 around £5,000 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 excellent three-bedroom end of terrace house is now available for on a Shared Ownership resale basis and shares start from 70%. Set in a quiet location only five minutes walk from the local high street, this property is also close to shops, excellent schools and amenities as well as the Billingshurst train station.
Purchase breakdown
Shared ownership - minimum share of 70% at £251,300
Monthly rent of £277.86
Monthly service charge of £79.06
(within the financial year ending 31 March 2027) - subject to final confirmation)
Council Tax Band - D
EPC - C