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)

Houlton Meadows, 2-4 bed homes


Crick Road, Hillmorton, Rugby, CV23 0AB

Videos, 3D tours


Shared ownership

Starting prices

35% share from
£63,000
Full price
£180,000
Minimum deposit
£3,150
Monthly rent
£268
Monthly service charge
£120

Overview

Reserve for just £125* – offer extended until 31st December 2020

Reserve your dream home with Shared Ownership for less – simply contact Clarion Housing today and find out how easy it is.

*Fee reduced from £500. Offer available until 31st December 2020 and applies to all Shared Ownership purchases with Clarion Housing. If the property does not exchange within 45 days of the reservation fee being taken then the full £500 reservation fee will be required. Full T&Cs available on request.

 

About Houlton Meadows

An exciting development of new two, three and four bedroom homes, and two bedroom apartments located at Houlton Meadows, just 3.5 miles from Rugby town centre.

Built by Bellway – Houlton Meadows will be part of an emerging residential community, in close proximity to the semi-rural town of Rugby, with countryside views and open spaces, ideal for a multitude of outdoor leisure activities. The surrounding Swift Valley Nature Reserve, which covers 25 hectares of countryside, and Draycote water reservoir add to the diverse flora and fauna of this beautiful location.

The market town of Rugby is just 3.5 miles from Houlton Meadows, famous as the birthplace of rugby football and considered the second largest town in the county. The town centre has two pedestrianised streets, perfect for discovering a wide selection of high street retail and independent shops, and an abundance of cafes, bars and restaurants. Whilst Rugby has its own music scene, Rugby Theatre also supports the amateur dramatics hosting plays and musicals throughout the year.

Transport

The M1, M6 and M40 are all within easy access of Houlton Meadows. Popular commuter areas such as Coventry, Leamington Spa and Leicester can be reached in around 30 minutes by car. Just 3.5 miles away, the well-connected Rugby train station provides regular services into Crewe, Birmingham New Street and Leicester.

Education

Within Rugby, there are a host of educational facilities from Primary age through to College. It is also home to one of the oldest independent schools in Britain – Rugby School, which celebrated its 450th anniversary in 2017.

Key Features

- Dedicated village community in purpose built surroundings.
- Green space, woodlands, nearby reservoirs for leisure and relaxation.
- Perfectly situated close to Rugby for larger amenities and social activities.

For further information or to register your interest, please contact the Customer Service Team – Sales as soon as possible.

For further details on Shared Ownership please visit myclarionhousing.com/sharedownership

Please note:

All images displayed throughout are examples of previous Clarion developments and are not indicative of the specification at this development 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

The market town of Rugby is just 3.5 miles from Houlton Meadows, famous as the birthplace of rugby football and considered the second largest town in the county. The town centre has two pedestrianised streets, perfect for discovering a wide selection of high street retail and independent shops, and an abundance of cafes, bars and restaurants. Whilst Rugby has its own music scene, Rugby Theatre also supports the amateur dramatics hosting plays and musicals throughout the year.


Plot availability

Plot number 363
Tenure Shared ownership
Availability Available
Bathrooms 1
Minimum share 35%
Minimum share price £63,000
Full market price £180,000
Monthly rent £268
Monthly service charge £120
Ownership Leasehold
Plot number 364
Tenure Shared ownership
Availability Available
Bathrooms 1
Minimum share 35%
Minimum share price £63,000
Full market price £180,000
Monthly rent £268
Monthly service charge £120
Ownership Leasehold
Plot number 209
Tenure Shared ownership
Availability Available
Bathrooms 1
Minimum share 35%
Minimum share price £63,700
Full market price £182,000
Monthly rent £271
Monthly service charge £128
Ownership Leasehold
Plot number 207
Tenure Shared ownership
Availability Available
Bathrooms 1
Minimum share 35%
Minimum share price £63,700
Full market price £182,000
Monthly rent £271
Monthly service charge £128
Ownership Leasehold
Plot number 366
Tenure Shared ownership
Availability Available
Bathrooms 1
Minimum share 35%
Minimum share price £66,500
Full market price £190,000
Monthly rent £283
Monthly service charge £120
Ownership Leasehold
Plot number 367
Tenure Shared ownership
Availability Available
Bathrooms 1
Minimum share 35%
Minimum share price £66,500
Full market price £190,000
Monthly rent £283
Monthly service charge £120
Ownership Leasehold
Plot number 200
Tenure Shared ownership
Availability Available
Bathrooms 1
Minimum share 40%
Minimum share price £108,000
Full market price £270,000
Monthly rent £371
Monthly service charge £43
Ownership Leasehold
Plot number 293
Tenure Shared ownership
Availability Available
Bathrooms 1
Minimum share 40%
Minimum share price £120,000
Full market price £300,000
Monthly rent £413
Monthly service charge £45
Ownership Leasehold
Plot number 289
Tenure Shared ownership
Availability Available
Bathrooms 2
Minimum share 35%
Minimum share price £110,250
Full market price £315,000
Monthly rent £469
Monthly service charge £469
Ownership Leasehold
Plot number 290
Tenure Shared ownership
Availability Available
Bathrooms 2
Minimum share 35%
Minimum share price £110,250
Full market price £315,000
Monthly rent £469
Monthly service charge £469
Ownership Leasehold

FAQ's

Min share price from: £63,000 for a 35% share
Full price from: £180,000
Minimum deposit from: £3,150
Monthly rent from: £268
Bedrooms: 2
Bathrooms: 1

There are 10 available ranging from £63,000 for a 35% share to £110,250 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

35% share from
£63,000
Full price
£180,000
Minimum deposit
£3,150
Monthly rent
£268
Monthly service charge
£120