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)

East Gate, 2-3 bed homes


Springfield Road, Wantage, Vale of White Horse, OX12 8ET

Shared ownership

Starting prices

40% share from
£130,000
Full price
£325,000
Minimum deposit
£6,500
Monthly rent
£447

Overview

Reserve for just £99* - Offer EXTENDED to 31st July 2020

Reserve your dream home with Shared Ownership on or before 31st July 2020 for only £99*.

Contact Clarion Housing today and find out how easy it is to reserve your new home.

*£99 reservation fee only available on Clarion Housing Shared Ownership homes until 31st July 2020. Full T&Cs available on request.

 

About East Gate

Collection of two and three bedroom homes brought to you by Bovis Homes. Located in the award winning area of Wantage, this attractive market town is renowned for its association with King Alfred the Great.

Wantage offers a huge range of amenities, including leisure/health and well-being facilities, banks, post office, museum, cafes, pubs and restaurants, in addition to a large Sainsbury’s and Waitrose. Wantage is also home to four markets, with the oldest dates back to the 12th century.

Education

There is also a good selection of primary and secondary education within the town itself.

Leisure

Wantage Leisure Centre boasts a gym, swimming pool, sauna, sports halls and hosts a variety of gym classes.

Transport

Wantage has excellent road links to the A34 via the A417, which reaches Oxford in 17 miles (M40). For commuters via train, Didcot benefits from a main line train station to London Paddington (45mins).

Eligibility

Your annual household income must be no more than £80,000.
You must be unable to purchase a home suitable for your needs without assistance.
You must not have any outstanding credit issues (i.e. unsatisfied defaults or county court judgments).
You must be a first-time buyer. If you already own a home and need to move but cannot afford to, or you have equity from a recent sale, please contact us, as there are some circumstances under which you may still be eligible.

 

To register your interest or for any other enquiries please contact the Customer Service Team – Sales

Please note:

All images displayed throughout are indicative only and may not correspond exactly to the available properties described.

These prices are to be used as a guideline only as they may change.


Local area information

Wantage offers a huge range of amenities, including leisure/health and well-being facilities, banks, post office, museum, cafes, pubs and restaurants, in addition to a large Sainsbury’s and Waitrose. Wantage is also home to four markets, with the oldest dates back to the 12th century.


Plot availability

Plot number 59
Tenure Shared ownership
Availability Available
Bathrooms 1
Minimum share 40%
Minimum share price £130,000
Full market price £325,000
Monthly rent £447
Monthly service charge TBC
Ownership Leasehold
Plot number 66
Tenure Shared ownership
Availability Available
Bathrooms 1
Minimum share 40%
Minimum share price £130,000
Full market price £325,000
Monthly rent £447
Monthly service charge TBC
Ownership Leasehold
Plot number 64
Tenure Shared ownership
Availability Available
Bathrooms 1
Minimum share 40%
Minimum share price £141,000
Full market price £352,500
Monthly rent £485
Monthly service charge TBC
Ownership Leasehold
Plot number 61
Tenure Shared ownership
Availability Available
Bathrooms 1
Minimum share 35%
Minimum share price £134,750
Full market price £385,000
Monthly rent £573
Monthly service charge TBC
Ownership Leasehold

FAQ's

Min share price from: £130,000 for a 40% share
Full price from: £325,000
Minimum deposit from: £6,500
Monthly rent from: £447
Bedrooms: 2
Bathrooms: 1

There are 4 available ranging from £130,000 for a 40% share to £134,750 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.

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

Housing Provider

Clarion
Shared ownership

Starting prices

40% share from
£130,000
Full price
£325,000
Minimum deposit
£6,500
Monthly rent
£447