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%.

Hansford Park


Gill Crescent, Rugby, Rugby, CV23 0AB

Shared ownership
1-2 bedroom homes
40% share from
£60,400
Full price
£151,000
Minimum deposit
£3,020
Monthly rent
£208
Monthly service charge
£96

Overview

Hansford Park is a selection of one and two and three bedroom homes available through Shared Ownership.

These homes come with a selection of quality modern fittings and finishes. There are fully fitted kitchen units and floor coverings throughout – while in the bathroom, finishings have been chosen to create a light and relaxed atmosphere. Each property is tastefully decorated in a timeless fashion, making it easier to adapt to your personal style.

Hansford Park is situated in the thriving new neighbourhood of Houlton, located just east of Rugby – a charming and beautiful Warwickshire market town as little as 50 minutes from London by train.

What's in Houlton?
Houlton itself offers an extensive range of amenities and services, with a health centre, shops, cafes, a community centre and 500 acres of open space – all surrounded by countryside and within easy reach of Rugby, where you can also find Sainsbury’s, Co-op, Tesco and Aldi supermarkets. High street names are available at Clock Towers Shopping Centre and Elliot’s Field Shopping Park; the town also has a market that has traded under a Royal Charter since 1235, in addition to a monthly farmer’s market.

A number of local schools are rated Good or Outstanding by Ofsted, including Hillmorton Primary School, Abbotts Farm Junior School and Ashlawn School (a selective secondary). St Gabriel’s Church of England Academy is the first of a number of new schools in Houlton that will grow each year with the community.  

  • Quality modern fittings and finishings
  • Fully fitted kitchen
  • Floor coverings throughout
  • Built by Crest Nicholson
  • Town and countryside living
  • As little as 50 mins by train to London*
  • Rugby station provides services to London Euston every 10 minutes at peak times
  • Variety of local restaurants, pubs and leisure facilities  

To register your interest or for any other enquiries please contact the Customer Service Team – Sales on T: 020 7378 5638


Local area information

Hansford Park is situated in the thriving new neighbourhood of Houlton, located just east of Rugby – a charming and beautiful Warwickshire market town as little as 50 minutes from London by train.


Plot availability

Plot number 55
Tenure Shared ownership
Availability Available
Bathrooms 1
Minimum share 40%
Minimum share price £72,000
Full market price £180,000
Monthly rent £248
Monthly service charge £96
Plot number 58
Tenure Shared ownership
Availability Available
Bathrooms 1
Minimum share 40%
Minimum share price £72,400
Full market price £181,000
Monthly rent £249
Monthly service charge £96
Plot number 160
Tenure Shared ownership
Availability Available
Bathrooms 1
Minimum share 40%
Minimum share price £86,000
Full market price £215,000
Monthly rent £296
Monthly service charge £115
Plot number 72
Tenure Shared ownership
Availability Available
Bathrooms 1
Minimum share 40%
Minimum share price £100,000
Full market price £250,000
Monthly rent £344
Monthly service charge £37
Ownership Leasehold

FAQ's

Min share price from: £72,000 for a 40% share
Full price from: £180,000
Minimum deposit from: £3,020
Monthly rent from: £248
Bedrooms: 2
Bathrooms: 1

There are 6 available ranging from £72,000 for a 40% share to £100,000 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

Clarion
Shared ownership
1-2 bedroom homes
40% share from
£60,400
Full price
£151,000
Minimum deposit
£3,020
Monthly rent
£208
Monthly service charge
£96