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)

Heritage Fields, 2-3 bed homes


Heritage Fields, St Nicholas-at Wade, Thanet, CT7 0NY

Shared ownership

Starting prices

30% share from
£82,500
Full price
£275,000
Minimum deposit
£4,125
Monthly rent
£441
Monthly service charge
£48

Overview

Final house available - Express your interest today!

The final three bedroom house (plot 16) for shared ownership at Heritage Fields in St. Nicholas-at Wade, Thanet, Kent is available to reserve now and ready to move in from spring 2021.

This idyllic location also offers excellent road links to the historic City of Canterbury, the beautiful Kent coast and to London. 

Each home features the following specification:

- Fully fitted Howdens Glendevon gloss kitchen in gloss white with white mirror chip laminate worktop and stainless-steel splashback. Under pelmet lighting
- Integrated kitchen appliances, including single electric oven, gas hob, extractor hood, fridge freezer, washer dryer and integrated dishwasher.
- Fully fitted bathroom with bath, shower, screen, mirror and chrome heated towel rail.
- Downstairs WC
- Downlights to kitchen and bathroom. Pendants to all other rooms.
- Vinyl flooring in Jupiter Rome Oak to kitchen, living/dining, bathroom and WC. Carpet in Bella to all other areas.
- Rear garden plus turf.
- Central heating
- Two allocated parking spaces
- 12 year BLP warranty.


These homes are available for off-plan reservations and will be ready to move into later in the year.


Local area information

Priority will be given to people who have local connection to Thanet. In line with government priorities, top priority for these homes at Heritage Fields is awarded to serving military personnel and former members of the British Armed Forces discharged in the last two years.


Plot availability

Plot number 16
Tenure Shared ownership
Availability Available
Bathrooms 1
Minimum share 30%
Minimum share price TBC
Full market price TBC
Monthly rent TBC
Monthly service charge TBC
Ownership Leasehold

FAQ's

Prices are not available yet for Heritage Fields but you can register your interest to be notified when prices become available.

Plot breakdowns are not available yet for Heritage Fields but you can register your interest to be notified when prices become available.

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

Moat
Shared ownership

Starting prices

30% share from
£82,500
Full price
£275,000
Minimum deposit
£4,125
Monthly rent
£441
Monthly service charge
£48