Helping you along the buying process

Search for a property in Wychbury Fields
Search for a property in Wychbury Fields
Tools to check your affordability
Tools to check your affordability
Contact a mortgage broker
Contact a mortgage broker

Shared Ownership FAQs

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Does Shared Ownership mean sharing with someone else?

No – this is a common misconception but the ‘shared’ aspect of the scheme simply means you’re sharing ownership of your home with a housing association.

If you decide to buy a Shared Ownership home in Wychbury Fields, you’re effectively purchasing a portion of your property. Your initial share will usually be between 25% to 75%, paying a mortgage on the part that you own and a below market value rent on the remaining share.

Can I ever fully own a Shared Ownership home in Wychbury Fields?

Yes – Shared Owners can choose to buy additional shares in their property by ‘staircasing’.

When buying a Shared Ownership home, you will initially purchase a minimum percentage somewhere between 25% to 75%. Down the line, if you find that your financial circumstances have changed, buyers will have the option to buy more shares.

If you choose to buy a higher percentage, your mortgage repayments will increase while the rent you pay will decrease. In the majority of cases there aren’t any restrictions and you can buy 100% of your home – in this instance, you would become the outright owner.

Do I meet the eligibility criteria for Shared Ownership homes in Wychbury Fields?

As a home-buying product aimed at helping those who can’t afford to purchase a property on the open market, there are certain requirements that buyers will need to meet to be considered eligible for Shared Ownership.

For example, there are caps on household income which means that you must earn less than £80,000 to be eligible for the scheme – or less than £90,000 if you would like to buy a home in London. The criteria also states that buyers must be at least 18 years of age and do not own another property either in the UK or abroad.

How much does Shared Ownership cost in Wychbury Fields?

Shared Ownership properties enable you to put down a smaller deposit compared to those required on the open market – buyers will usually need to put down 5% to 10% of the share that they’re buying, rather than the full market value of the home.

On a monthly basis, buyers will be required to pay their mortgage, a subsidised rent and service charge on their home, however, these repayments often work out cheaper than or equal to renting privately in the same area. Other costs to consider when buying a home include solicitor and mortgage broker fees – you can find out more about these costs on Share to Buy.

Are there Shared Ownership homes in Wychbury Fields?

Share to Buy lists thousands of Shared Ownership homes all across Wychbury Fields and beyond – including new build properties and those available through resale.

Shared Ownership is available on a variety of homes including cosy studios, stylish apartments and traditional family homes. Check out our property search tool to start looking for your new home today!

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The steps to find your new Shared Ownership home

We have a wealth of tools, FAQs, guides and blogs to help you understand your options
Search for a property
Find the right home for you in Wychbury Fields and register your interest
Speak to the specialists
Contact a Mortgage Broker and Solicitor Panels to help you through the buying process

Find your home with Share to Buy

Learn more about the UK's leading first time buyer property portal, specialising in affordable home ownership options including Shared Ownership and Help to Buy
Start your search today
Who are Share to Buy?

Share to Buy is the leading online portal for Shared Ownership properties. Established in 2004 as the UK’s first specialist online mortgage broker for affordable home ownership products, the site has since developed into a one stop shop for first time buyers, offering the country’s largest listing of Shared Ownership homes from many of the UK’s biggest housing providers.

Why should I register with Share to Buy?

Share to Buy is the nation’s biggest and best established affordable home ownership property portal, making it the ideal website for first time buyers looking to take that first step onto the property ladder.

Using our property search tool, you can search for homes that suit your needs via filters such as location, number of bedrooms, monthly outgoings and deposit amount. You can also set up alert preferences so you’ll be notified when new properties that meet your search are announced by email.

Acting as a one stop shop for first time buyers, Share to Buy also offers handy FAQs and guides, interactive mortgage tools, mortgage broker and conveyancing panels, and live events to help potential purchasers on their home-buying journey.

Can I advertise my home on Share to Buy?

If you are a housing association or developer selling properties through Shared Ownership, Help to Buy and other affordable home ownership schemes, we can list your new build and resale homes on the Share to Buy property portal.

As well as working alongside Registered Providers, we also partner with private sellers who are looking to sell their current Shared Ownership home.

Find out more about advertising your Shared Ownership property on Share to Buy.

Shared Ownership Wychbury Fields - Shared Ownership Properties for Sale in Wychbury Fields - Share to Buy

Many first time buyers can feel disheartened that their home ownership ambitions are beyond their reach. Thankfully, Shared Ownership homes in Wychbury Fields can be the answer you need to take that vital first step onto the property ladder. Help to Buy homes in Wychbury Fields also offer fantastic options to buyers looking to lay down roots in locations they love.

Staying up to date with the latest Shared Ownership and Help to Buy properties in Wychbury Fields couldn’t be simpler. All you need to do is sign up to Share to Buy and register to receive alerts when relevant properties become available in your desired area.

The half-a-century odyssey which has been the Wychbury Fields housing development is coming to an end and considering the high demand these properties have seen, it already looks like an overwhelming success. This shouldn’t be too much of a surprise though as Wychbury Fields – found off Kidderminster Road – is an astonishingly beautiful part of Hagley. It’s surrounded by gorgeous woodlands which would make even the most ardent nature lover feel right at home.

When you combine this with excellent local facilities, it’s clear that these properties are going to be highly sought-after for a very long time. These facilities include a primary school a mere mile from the site, making it an ideal location for young families, alongside the buildings themselves. These not only provide generous spaces but are also 1930s inspired architectural delights.

Of course, what’s on offer here only begins at Wychbury Fields, as the location of Hagley itself is just as appealing as the housing development found within this Worcestershire gem. The picturesque village is situated between Dudley and Kidderminster, and, in contrast to the newly built Wychbury Fields, has a fascinating history. This provides the area with a distinctive depth and character that has been formed across centuries.

Just as with the charming Wychbury Fields, Hagley is filled with wonderful natural assets. Most famously, there’s the astonishing Hagley Park, consisting of 350 acres of magic, as well of the likes of Clent Hills, Kinver Edge and Waseley Hills Country Park, to give a few examples.

When you match this kind of all-natural goodness with the spectacular architecture found throughout, then it is clear where Wychbury Fields found its inspiration. And of course, this is without talking about the surrounding counties, which provide more than a lifetime’s worth of opportunities and experiences to every resident lucky enough to call this part of the country their home.


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