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)

Dunton Meadows | Orbit, 1-2 bed homes


Rye Lane, Sevenoaks, Sevenoaks, TN14 5HD

Shared ownership

Starting prices

40% share from
£109,000
Full price
£272,500
Monthly rent
£375
Monthly service charge
£108

Overview

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This beautiful new development consists of 35, one and two bedroom apartments situated adjacent to the Sevenoaks Wildlife Reserve, and occupies a prominent position in the picturesque Kent countryside. This ideal location was ranked one of the best places to live in Britain (Sunday Times Best Places to Live 2018).


Local area information

Sevenoaks' historic centre and thriving restaurant and café culture provide a lively and bustling daytime atmosphere, whilst in the evening the theatre, cinema and live performances can be enjoyed at the STAG Community Arts Centre. Local and independent restaurants and public houses abound, serving a wide range of cuisine and catering to all tastes and preferences. 

The parkland is exceptional in its vast size and unmanaged landscape, you can expect trees fallen and left to nature and bracken thick with protected wildlife. As well as the Sevenoaks Wildlife Reserve, there’s a deer park which features over 350 majestic deer, and the Riverhill Himalayan Gardens.

With London only half an hour away by train, this is a great location for commuters. Great schools in the area offer a thriving community for growing families, and the annual Sevenoaks Literary Festival is enjoyed by all.


Plot availability

Plot number TBC
Tenure Shared ownership
Availability Available
Bathrooms 1
Minimum share 40%
Minimum share price £109,000
Full market price £272,500
Monthly rent £375
Monthly service charge £108
Plot number TBC
Tenure Shared ownership
Availability Available
Bathrooms 1
Minimum share 40%
Minimum share price £109,000
Full market price £272,500
Monthly rent £375
Monthly service charge £108
Plot number 1 bed
Tenure Shared ownership
Availability Available
Bathrooms 1
Minimum share 40%
Minimum share price £109,000
Full market price £272,500
Monthly rent £375
Monthly service charge £108
Plot number TBC
Tenure Shared ownership
Availability Available
Bathrooms 2
Minimum share 40%
Minimum share price £141,000
Full market price £352,500
Monthly rent £485
Monthly service charge £131
Plot number TBC
Tenure Shared ownership
Availability Available
Bathrooms 2
Minimum share 40%
Minimum share price £141,000
Full market price £352,500
Monthly rent £485
Monthly service charge £131
Plot number 2 bed
Tenure Shared ownership
Availability Available
Bathrooms 2
Minimum share 40%
Minimum share price £141,000
Full market price £352,500
Monthly rent £485
Monthly service charge £131

FAQ's

Min share price from: £109,000 for a 40% share
Full price from: £272,500
Monthly rent from: £375
Bedrooms: 1
Bathrooms: 1

There are 6 available ranging from £109,000 for a 40% share to £141,000 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.

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

Housing Provider

Orbit
Shared ownership

Starting prices

40% share from
£109,000
Full price
£272,500
Monthly rent
£375
Monthly service charge
£108