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£174,000
Welcome to The Skylarks … we're excited to announce the further release of shared ownership properties on this popular development in Westoning, Bedfordshire.Properties a...
You can apply to buy the home if all of the following apply:
- your household income is £80,000 or less
- you cannot afford all of the deposit and mortgage payments to buy a home that meets your needs
One of the following must also be true:
- you're a first-time buyer
- you used to own a home but cannot afford to buy one now
- you're forming a new household - for example, after a relationship breakdown
- you're an existing shared owner, and you want to move
- you own a home and want to move but cannot afford to buy a new home for your needs
If you own a home, you must have completed the sale of the home on or before the date you complete your shared ownership purchase.
As part of your application, your finances and credit history will be assessed to ensure that you can afford and sustain the rental and mortgage payments.
Welcome to The Skylarks … we're excited to announce the further release of shared ownership properties on this popular development in Westoning, Bedfordshire.
Properties are estimated to be build complete Autumn 2026 and delivered to the marketplace by Vistry.
The Elm - Our detached three bedroom home with approximate floor space of 94m2. Entrance hall leads to lounge front of property with large bay window, cloakroom, and kitchen/diner offering access to separate pantry. Stairs lead to three bedrooms, master bedroom with ensuite, a further double bedroom and a single bedroom, and family bathroom with shower over bath.
The Maple - 2 x three bedroom semi detached homes with approximate floor space of 94m2. Entrance hall with ground floor cloakroom leading to spacious open plan living area with French doors leading to rear private garden. Stairs lead to three bedrooms, master bedroom with ensuite, a further double bedroom and a single bedroom, and family bathroom with shower over bath.
The Willow - 2 x two bedroom semi detached homes with approximate floor space of 71m2. Entrance area with ground floor cloakroom leading to large open plan living area with French doors leading to rear private garden. Stairs leading to two double bedrooms, ensuite to master bedroom, family bathroom with shower over bath.
New properties - Council tax band to be confirmed.
Eligibility rules apply: You cannot own another property, single or combined income cannot be more than £80K per annum.
Shared Ownership
Shared Ownership is a great way for you to get a foot on the property ladder if you can't afford to buy a home outright on the open market. It can ease the pressure of needing to save for a large deposit, or having to make high mortgage repayments.
Essentially, it means you'll be buying a share of your home - usually up to 75% - and paying an affordable rent on the remainder. When you're in a position to do so, it's also possible to buy further shares in your home. This is known as Staircasing.
Shares are available from 10% to 75%. Lower share possible to support affordability.
Example of price and rent based on our detached three bedroom home, The Elm,
40% Share - Purchase Price £182,000 - Rent Charges of £625.63 per month
75% Share - Purchase Price £341,250 - Rent Charges of £260.68 per month
