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)

Knightlow Road, 2-3 bed homes


Knightlow Road, Birmingham, Birmingham City, B17 8PX

Videos, 3D tours


Shared ownership

Starting prices

25% share from
£83,750
Full price
£335,000
Minimum deposit
£4,188
Monthly rent
£576
Monthly service charge
£51

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 Knightlow Road

Eight two and three bedroom homes available in Harborne.   

Beautifully designed homes with two parking spaces and a private garden with a public park just minutes from your home.

Located just 5 miles from Birmingham City Centre, this picturesque suburb has it all, from great schools to golf clubs. 

For all enquiries or to register your interest please contact Cameron Harborne Branch on 0121 426 2800 or harborne@connells.co.uk

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

Located just 5 miles from Birmingham City Centre, this picturesque suburb has it all, from great schools to golf clubs. 


Plot availability

Plot number 10
Tenure Shared ownership
Availability Available
Bathrooms 1
Minimum share 25%
Minimum share price £83,750
Full market price £335,000
Monthly rent £576
Monthly service charge £51
Plot number 7
Tenure Shared ownership
Availability Available
Bathrooms 1
Minimum share 25%
Minimum share price £95,000
Full market price £380,000
Monthly rent £653
Monthly service charge £51
Plot number 8
Tenure Shared ownership
Availability Available
Bathrooms 1
Minimum share 25%
Minimum share price £95,000
Full market price £380,000
Monthly rent £653
Monthly service charge £51
Plot number 19
Tenure Shared ownership
Availability Available
Bathrooms 1
Minimum share 25%
Minimum share price £95,000
Full market price £380,000
Monthly rent £653
Monthly service charge £51
Plot number 9
Tenure Shared ownership
Availability Available
Bathrooms 1
Minimum share 25%
Minimum share price £96,250
Full market price £385,000
Monthly rent £662
Monthly service charge £51
Plot number 20
Tenure Shared ownership
Availability Available
Bathrooms 1
Minimum share 25%
Minimum share price £96,250
Full market price £385,000
Monthly rent £662
Monthly service charge £51

FAQ's

Min share price from: £83,750 for a 25% share
Full price from: £335,000
Minimum deposit from: £4,188
Monthly rent from: £576
Bedrooms: 2
Bathrooms: 1

There are 6 available ranging from £83,750 for a 25% share to £96,250 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.

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

25% share from
£83,750
Full price
£335,000
Minimum deposit
£4,188
Monthly rent
£576
Monthly service charge
£51