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%.

Kingston Park


Kingston Park, off Witney Road, Kingston Bagpuize, Vale of White Horse, OX13 5AN

Shared ownership
3 bedroom homes
40% share from
£140,000
Full price
£350,000
Minimum deposit
£7,000
Monthly rent
£481
Monthly service charge
£62

Overview

Four 3-bedroom semi-detached houses available for Shared Ownership, built by Bloor Homes, in this attractive South Oxfordshire/Berkshire borders village of Kingston Bagpuize in the Vale of White Horse.

Two 2-bedroom and a further two 3-bedroom homes will also be available in early 2019.

With Oxford and Bicester Village to the north together with Swindon and the Valley of the Racehorse to the south there is a lot to entice families looking for an affordable step on to the property ladder in this semi-rural and well connected area.

To register your interest or for further details please contact Thomas Merrifield: Abingdon Office on 01235 538 000 or e: abingdon@thomasmerrifield.co.uk 

  


Local area information

With Oxford and Bicester Village to the north together with Swindon and the Valley of the Racehorse to the south there is a lot to entice families looking for an affordable step on to the property ladder in this semi-rural and well connected area.


Plot availability

Plot number 233
Tenure Shared ownership
Availability Available
Bathrooms 1
Minimum share 40%
Minimum share price £140,000
Full market price £350,000
Monthly rent £438
Monthly service charge £62
Ownership Leasehold
Plot number 242
Tenure Shared ownership
Availability Available
Bathrooms 1
Minimum share 40%
Minimum share price £140,000
Full market price £350,000
Monthly rent £438
Monthly service charge £62
Ownership Leasehold
Plot number 26
Tenure Shared ownership
Availability Available
Bathrooms 1
Minimum share 40%
Minimum share price £140,000
Full market price £350,000
Monthly rent £481
Monthly service charge £62

FAQ's

Min share price from: £140,000 for a 40% share
Full price from: £350,000
Minimum deposit from: £7,000
Monthly rent from: £438
Bedrooms: 3
Bathrooms: 1

There are 4 available ranging from £140,000 for a 40% share to £140,000 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
3 bedroom homes
40% share from
£140,000
Full price
£350,000
Minimum deposit
£7,000
Monthly rent
£481
Monthly service charge
£62