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%.

Read more about Shared ownership (Opens in new window)

Birnam Mews, 1-3 bed homes


Oak Road, Stratford upon Avon, Stratford-on-Avon, CV37 7BU

Shared ownership

Starting prices

25% share from
£57,500
Full price
£230,000
Minimum deposit
£2,875
Monthly rent
£395
Monthly service charge
£59

Overview

For those who would like to and are able to visit us, the Sales and Marketing Suite at Birnam Mews is now open on an appointment-only basis, with extra measures in place to ensure your wellbeing. Please call us to book your appointment. If you would prefer to speak to our Sales Team from your own home, they are still on hand and can conduct appointments via phone, email and, where possible, by virtual tour.*

Reserve a 1 bedroom house in June at Birnam Mews for £99 and your stunning new home will come fully furnished!*

At Birnam Mews you can reserve your dream home for just £99 with a little added flexibility in case things change for you in these uncertain times. Not only can you reserve your chosen home for just £99 but you will be given the peace of mind that if you decide not to proceed your reservation fee is fully refundable. What’s more, you are given first refusal on your chosen home

KEY WORKER DISCOUNT
Reserve with us for £99 and receive a £5,000 discount at Birnam if you are a key worker*

About The Development

Available through Shared Ownership, Birnam Mews will offer the ultimate lifestyle for those who want to choose their pace in life. The development is located just 1.5 miles away from the attractive market town of Stratford-Upon-Avon. The town has more than 800 years of history, best known for being home to the world’s most famous playwright, William Shakespeare.However, that is not all. The blend of heritage, culture, theatre, arts and gardens along with a thriving community offers a wide variety of leisure and shopping experiences. There is also a great selection of restaurants and bars to experience before you take the scenic route alongside the River Avon as you wander back to your peaceful countryside retreat.

At L&Q, we place an emphasis on quality and all of our homes at Birnam Mews come with a high specification. The homes are also larger than a standard new build property which brings benefits such as additional storage and more space for you and your family to enjoy

- Prices from £57,500 for a 25% share of a 1 bedroom house. Full purchase of £230,000

- Prices from £139,000 for a 40% share of a 2 bedroom house. Full purchase price of £347,500

- Prices from £156,000 for a 40% share of a 3 bedroom house. Full purchase price of £390,000

Unfamiliar with Shared Ownership?

With Shared Ownership you purchase a share of between 25%-75% of a home and pay subsidised monthly rent on the remaining share*. It’s a great opportunity for anyone who is unable to afford to purchase a home outright on the open market but still wants to step foot onto the property ladder.

Learn about about a virtual tour today!

To learn more about the homes we have on offer please contact our Sales Team today!

Please note that all applicants are required to register with L&Q and Help to Buy Midlands and London for Shared Ownership.

*We are taking extra precautions to ensure the health and wellbeing of our customers, staff and members of the public. More information can be found on our website. CGI is representative of L&Q development(s). Images depict typical L&Q show homes. £99 reservation scheme terms and conditions apply. Keyworker discount terms and conditions apply. Please note that this offer is not available in conjunction with any other offers or incentives except for the £99 reservation process. £5,000 discount will be deducted from the full purchase price at the time of reservation. You will need to provide proof upon reservation of your status as a key worker that is satisfactory to L&Q. Contributions and incentives will only be applied if you exchange and complete on the reserved property. A cash alternative is not available in place of the furniture pack. Please speak with your Sales Associate regarding contents of furniture pack. Furniture pack will be subject to availability and contents will vary. Furniture pack will only be provided if you exchange and complete on the reserved property.

 


Local area information

Birnam Mews will offer the ultimate lifestyle for those who want to choose their pace in life. Situated 1.5 miles from Stratford-upon-Avon you can experience the buzz of an array of restaurants and bars and then wander home to your peaceful countryside retreat. 


Plot availability

Plot number 47
Tenure Shared ownership
Availability Available
Bathrooms 1
Minimum share 25%
Minimum share price £57,500
Full market price £230,000
Monthly rent £395
Monthly service charge £59
Ownership Leasehold
Plot number Plot 44 - The Kingsbury
Tenure Shared ownership
Availability Available
Bathrooms 1
Minimum share 25%
Minimum share price £57,500
Full market price £230,000
Monthly rent £395
Monthly service charge £59
Ownership Leasehold
Plot number 45
Tenure Shared ownership
Availability Available
Bathrooms 1
Minimum share 25%
Minimum share price £58,750
Full market price £235,000
Monthly rent £395
Monthly service charge £59
Ownership Leasehold
Plot number 17 - The Knighton
Tenure Shared ownership
Availability Available
Bathrooms 2
Minimum share 40%
Minimum share price £156,000
Full market price £390,000
Monthly rent £535
Monthly service charge £59
Ownership Leasehold
Plot number 16 - The Knighton
Tenure Shared ownership
Availability Available
Bathrooms 2
Minimum share 40%
Minimum share price £156,000
Full market price £390,000
Monthly rent £536
Monthly service charge £59
Ownership Leasehold
Plot number 52 - The Knighton
Tenure Shared ownership
Availability Available
Bathrooms 2
Minimum share 40%
Minimum share price £162,000
Full market price £405,000
Monthly rent £557
Monthly service charge £59
Ownership Leasehold

FAQ's

Min share price from: £57,500 for a 25% share
Full price from: £230,000
Minimum deposit from: £2,875
Monthly rent from: £395
Bedrooms: 1
Bathrooms: 1

There are 6 available ranging from £57,500 for a 25% share to £162,000 for a 40% 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.

It all depends on your lease (your contract with the housing association) so check it thoroughly and ask questions before you buy.

Housing Provider

L&Q (Counties)
Shared ownership

Starting prices

25% share from
£57,500
Full price
£230,000
Minimum deposit
£2,875
Monthly rent
£395
Monthly service charge
£59