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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Golding Places at Wrens Cross, 2 bed homes


Upper Stone Street, Maidstone, ME15 6YU

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Shared ownership

Starting prices

25% share from
£63,750
Full price
£255,000
Minimum deposit
£3,187
Monthly rent
£438
Monthly service charge
£85

Overview

Limited time offer, first 2 months rent and service charge free worth up to £1,078 when you reserve a home at Wrens Cross!*

FINAL FOUR 2 BEDS AVAILABLE 

Contemporary two-bedroom apartments with parking for shared ownership, part-buy, part-rent.

Golding Homes are pleased to bring to market these fabulous one and two-bedroom shared ownership apartments with allocated parking in central Maidstone.

Just a glance from the outside and you can see how stylish these one and two-bedroom apartments are, with floor to ceiling windows and when you enter you won't be disappointed. Bright, spacious and contemporary and benefitting from a podium level courtyard as well as undercroft parking - a rarity this close to the town centre - Wrens Cross is at the forefront of the regeneration of this quarter of Maidstone.

Ideal for singles, couples and small families Wrens Cross has something for everyone - close to all the amenities that Maidstone has to offer, great schools and excellent transport links.

You can enjoy everything Maidstone has to offer from the exceptional shopping and varied International cuisine to the theatre, cinema and nightlife. With excellent road and rail links you have the best of both worlds with Central London and the Kent countryside on your doorstep, these superb apartments are perfectly placed for a luxury lifestyle. Or you can while away the hours relaxing in the podium courtyard.

51 minutes on the High Speed from Maidstone West to St Pancras, making light work of the commute.

Finished to a high standard these homes are located in central Maidstone with easy access to the excellent retail, cuisine, and entertainment that the town has to offer.

The homes have wood effect laminate flooring to the hallway, lounge and kitchen areas with fitted carpet to the bedrooms.

With Symphony Woodbury range kitchens in Cashmere gloss and integrated fridge freezer, cooker and ceramic hob, the neutral colour scheme allows you to add your own colour to your new home.

Local area information

Maidstone offers comprehensive shopping and leisure facilities combined with a wide ranging culinary offer through restaurants and pavement cafes. With a cinema, theatre and the countryside stretching out around you, you will never be short of things to do.

Just 860 yards from Maidstone West station which offers direct services to London St Pancras in just 51 minutes.

With 6 primary and 4 secondary schools within a mile radius of the development, all of which are 3 to 4 star Ofsted rated.

 


Prices start from:

Two Bed:

Full market value: £255,000

Minimum 25% share: £63,750

Monthly rent: £438

Estimated monthly service charge: £85

 

*Limited time offer can be withdrawn at any stage; subject to exchange of contracts within 28 working days; Subject to using panel mortgage broker and solicitor

 

Please note: The government has given the go-ahead for property viewings to continue throughout the current lockdown period.


Local area information

Maidstone offers comprehensive shopping and leisure facilities combined with a wide ranging culinary offer through restaurants and pavement cafes. With a cinema, theatre and the countryside stretching out around you, you will never be short of things to do.

Just 860 yards from Maidstone West station which offers direct services to London St Pancras in just 51 minutes.

With 6 primary and 4 secondary schools within a mile radius of the development, all of which are 3 to 4 star Ofsted rated.


Plot availability

Plot number 45
Tenure Shared ownership
Availability Available
Bathrooms 1
Minimum share 25%
Minimum share price £63,750
Full market price £255,000
Monthly rent £438
Monthly service charge £85
Ownership Leasehold

2 Bedrooms

Allocated parking

Fitted kitchen with integrated overn, hob and fridge-freezer

Washer drier

Communal courtyard garden

Fitted carpets to bedrooms

Hard flooring to hallway and lounge/kitchen

 

Plot number 63
Tenure Shared ownership
Availability Available
Bathrooms 1
Minimum share 25%
Minimum share price £63,750
Full market price £255,000
Monthly rent £438
Monthly service charge £85
Ownership Leasehold

Allocated parking

Fitted kitchen with integrated oven, hob and fridge-freezer

Washer drier 

Communal courtyard garden

Fitted carpets to bedroom(s)

Wood effect laminate to hallway, lounge/kitchen


FAQ's

Min share price from: £63,750 for a 25% share
Full price from: £255,000
Minimum deposit from: £3,187
Monthly rent from: £438
Bedrooms: 2
Bathrooms: 1

There are 2 available ranging from £63,750 for a 25% share to £63,750 for a 25% 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.

No, 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

Complete Moves
Shared ownership

Starting prices

25% share from
£63,750
Full price
£255,000
Minimum deposit
£3,187
Monthly rent
£438
Monthly service charge
£85