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%.

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French Furze, 3 bed homes


French Furze, Totnes, South Hams, TQ9 7BL

Shared ownership

Starting prices

50% share from
£148,500
Full price
£297,000
Minimum deposit
£7,425
Monthly rent
£340

Overview

French Furze , Blackawton is made up of 3 bedroom houses now available on part buy - part rent. 


Local area information

Selling now in the attractive and rural South Devon village of Blackawton is French Furze – a delightful collection of 3 homes. Blackawton is set within the picturesque South Hams area with Dartmouth, Blackpool Sands and Slapton Sands all within a 6 mile radius.
The village is full of character with a family run pub, as well as a post office and village store run by volunteers, and an excellent primary school. With short distances to Totnes and Paignton, the outstanding open countryside all around and a family theme park just minutes away, our new homes in Blackawton are in a truly wonderful place.
*Images are for illustrative purposes only. Please speak to Sales Adviser for full details*


Plot availability

Plot number Kedleston - 3 bed
Tenure Shared ownership
Availability Available
Bathrooms 2
Minimum share 50%
Minimum share price £144,000
Full market price £288,000
Ownership Leasehold

The Kedleston is a charming and contemporary home featuring an open plan kitchen/dining area with French door to the garden, separate living room, downstairs cloakroom and three bedrooms, two of which are double.

*Images are for illustrative purposes only. Please speak to Sales Adviser for full details*

**Prices vary across plots please speak to a sales advisor for more information**

Features:

  • 3-bedroom house
  • Open plan kitchen/dining area
  • French doors to garden
  • Downstairs W.C.
  • En-suite from master bedroom
  • Fitted kitchen with laminate worktop and upstand
  • Single built-under oven/gas hob/integrated extractor hood/stainless steel splash back
  • Gas combi boiler
  • Low energy external light to front door
  • External tap to rear garden

FAQ's

Min share price from: £144,000 for a 50% share
Full price from: £288,000
Minimum deposit from: £7,425
Bedrooms: 3
Bathrooms: 2

There is only one available priced at £144,000 for a 50% 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

Heylo Housing
Shared ownership

Starting prices

50% share from
£148,500
Full price
£297,000
Minimum deposit
£7,425
Monthly rent
£340