ELIGIBILITY CRITERIA:

To be eligible for a home at Oakcroft Chase, you'll need to:

• Have a gross household income of no more than £80,000 per annum
• Be unable to purchase a suitable home to meet your housing needs on the open market
• Not already own a home or you will have sold your current home before you purchase
• Have a minimum of £5,000 to cover the costs of buying a home

If you don't meet the eligibility criteria for this development, you may still qualify for a shared ownership purchase at one of our others, so take a look at our website for more information.

ELIGIBILITY CRITERIA:

To be eligible for a home at Oakcroft Chase, you'll need to:

• Have a gross household income of no more than £80,000 per annum
• Be unable to purchase a suitable home to meet your housing needs on the open market
• Not already own a home or you will have sold your current home before you purchase
• Have a minimum of £5,000 to cover the costs of buying a home

If you don't meet the eligibility criteria for this development, you may still qualify for a shared ownership purchase at one of our others, so take a look at our website for more information.

The Shared Ownership scheme is a Part Buy, Part Rent way of owning your own home for a smaller upfront 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.

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.

AFFORDABILITY

The share purchase price is calculated using the full market value and the percentage share purchased. If you buy a 40% share, the share purchase price will be £164,000 and the
rent will be £563.75 a month. If you buy a larger share, you'll pay less rent. The table below shows further examples.

40% share (£164,000) Rent = £563.75
50% share (£205,000) Rent = £469.79
60% share (£246,000) Rent = £375.83
70% share (£287,000) Rent = £281.88
75% share (£307,500) Rent = £234.90

The percentage share and rent amount will change depending on the amount you can afford. You'll receive a worked example after a financial assessment. Initial rent is calculated as 2.75% of the remaining share of the full market value owned by the landlord.

T&Cs *Please note images are for information purposes only and may not represent a true likeness for the units being sold. Some or all images have been digitally furnished to represent how the home could be laid out and the final colours/appearance may differ from the images.*Services Charges will apply, speak to our Sales Agent for more information. Costs are subject to change.

The Shared Ownership scheme is a Part Buy, Part Rent way of owning your own home for a smaller upfront 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.

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.

AFFORDABILITY

The share purchase price is calculated using the full market value and the percentage share purchased. If you buy a 40% share, the share purchase price will be £174,000 and the
rent will be £598.13 a month. If you buy a larger share, you'll pay less rent. The table below shows further examples.

40% share (£174,000) Rent = £598.13
50% share (£217,500) Rent = £498.44
60% share (£261,000) Rent = £398.75
70% share (£304,500) Rent = £299.06
75% share (£326,250) Rent = £249.22

The percentage share and rent amount will change depending on the amount you can afford. You'll receive a worked example after a financial assessment. Initial rent is calculated as 2.75% of the remaining share of the full market value owned by the landlord.

T&Cs *Please note images are for information purposes only and may not represent a true likeness for the units being sold. Some or all images have been digitally furnished to represent how the home could be laid out and the final colours/appearance may differ from the images.*Services Charges will apply, speak to our Sales Agent for more information. Costs are subject to change.

The Shared Ownership scheme is a Part Buy, Part Rent way of owning your own home for a smaller upfront 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.

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.

AFFORDABILITY

The share purchase price is calculated using the full market value and the percentage share purchased. If you buy a 40% share, the share purchase price will be £118,000 and the
rent will be £405.63 a month. If you buy a larger share, you'll pay less rent. The table below shows further examples.

40% share (£118,000) Rent = £405.63
50% share (£147,500) Rent = £338.02
60% share (£177,000) Rent = £270.42
70% share (£206,500) Rent = £202.81
75% share (£221,250) Rent = £169.01

The percentage share and rent amount will change depending on the amount you can afford. You'll receive a worked example after a financial assessment. Initial rent is calculated as 2.75% of the remaining share of the full market value owned by the landlord.

T&Cs *Please note images are for information purposes only and may not represent a true likeness for the units being sold. Some or all images have been digitally furnished to represent how the home could be laid out and the final colours/appearance may differ from the images.*Services Charges will apply, speak to our Sales Agent for more information. Costs are subject to change.

Applicants must not be able to afford full value.

You may be eligible for this property if:

• You have a gross household income of no more than £80,000 per annum.
• You have a connection to the Districts of Horsham, Mid Sussex, Chichester, Adur or Waverley. This may be by you living or working in these Districts or by having a parent, child or sibling living in these areas.
• You are unable to purchase a suitable home to meet your housing needs on the open market.
• You do not already own a home or you will have sold your current home before you purchase.
• You are qualified by our Financial Advisor subject to Raven's terms and conditions.

Please note that eligibility conditions apply and applicants will be means tested for affordability. You may be assessed to purchase a larger share than advertised depending on your finances. Prices are subject to change.

Applicants with local connections may take priority.

You may be eligible for this property if:

• You have a gross household income of no more than £80,000 per annum.
• You are unable to purchase a suitable home to meet your housing needs on the open market.
• You do not already own a home or you will have sold your current home before you purchase or rent.