Shared ownership is another way to buy your own home. You buy a percentage, and pay rent on the rest. The housing association owns part of it — but you’re living there, you decorate it, and you decide when to sell.
Buying a percentage means a smaller deposit and smaller mortgage. It’s a sooner first step on the ladder for lots of people. Usually, you can also carry on buying shares, to own it 100%.
Ash Tree Court
The best of city and country
Ash Tree Court is situated on the edge the historic market town of Andover and offers a choice of one and two bedroom homes available through shared ownership.
- On the edge of the attractive historic market town of Andover and near the North Wessex Downs
- Excellent transport links, with Andover station linking to London Waterloo in just over an hour. The A303 easily links to the M3 with access to Salisbury, Swindon and Southampton Airport
- Range of amenities in Andover including cafes, restaurants, shops, a theatre, a cinema and a leisure centre
- Local amenities right on the doorstep for everyday needs
- A number of high quality schools nearby
- Bright and airy homes with contemporary interiors
- Minimum of one parking space
To register your interest or if you have any questions, please contact the Customer Service Team – Sales as soon as possible - call 0300 100 0309
For further details on Shared Ownership please visit myclarionhousing.com/sharedownership
All images displayed throughout are examples of previous Clarion developments and are not indicative of the specification at this development and may not correspond exactly to the available properties described.
Local area information
Min share price from: £77,875 for a 35% share
Full price from: £222,500
Minimum deposit from: £3,894
Monthly rent from: £331
There is only one available priced at £77,875 for a 35% share.
It’s the same as buying on the open-market but you’re buying a share of a property, so therefore pay a mortgage on the part you own.
An independent mortgage advisor can help suggest which type of mortgage might be best for you, based on your situation.
Leasehold, which is essentially the contract for the share you've bought.
It means you've got the right to keep your home for a certain number of years (usually at least 125), but the land belongs to someone else. Your lease also sets out how much you need to pay each month, your responsibilities while living there and all the details of your agreement with the housing association. Make sure you go through it and ask lots of questions.
Your solicitor can help you with this.