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£107,500
A well presented 1st floor flat, great for first time buyers.
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 resale property.
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 will be given priority, otherwise allocated on a first time basis.
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.
A well presented 1st floor flat, great for first time buyers. Located in the popular area of North Horsham with great transport links, bus stops right outside and 10 minute walk to the train station. The property comprises of 1 large double bedroom with built in wardrobes, 1 bathroom with integrated shower over bath, a large open plan kitchen and living area with bay window that provides plenty of natural light. Energy efficient, requires minimal heating, council tax band B.
Purchase breakdown
Shared ownership - minimum share of 50% at £107,500
Monthly rent of £138.45
Monthly service charge of £127.14
(within the financial year ending 31 March 2027) - subject to final confirmation)
Council Tax Band - B
EPC - C
- Littlehaven Rail Station (0.9km)
- Horsham Rail Station (1.7km)
- Warnham Rail Station (3.0km)
- Faygate Rail Station (3.5km)
- Christs Hospital Rail Station (5.2km)
- Ifield Rail Station (7.5km)
- Crawley Rail Station (8.9km)
- Ockley Rail Station (9.0km)
- Three Bridges Rail Station (10.7km)
- Balcombe Rail Station (11.5km)