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%.
Lavant Banks at Graylingwell Park
Lavant Banks at Graylingwell Park - Ready to move into now
Clarion is proud to present Lavant Banks at Graylingwell Park; a collection of attractive new homes available for Shared Ownership in Chichester, West Sussex.
Optimally designed for modern living, our Lavant Banks residences are an ideal opportunity to acquire a stylish home in this beautiful part of West Sussex.
Our homes begin with a desire to combine the best of traditional and modern and feature a blend of tasteful exteriors, bright contemporary interiors and flexible layouts. You’re sure to find the perfect place to call home with Clarion.
- Private allocated parking.
- Within easy reach of Chichester’s historic centre and station (with direct links to Brighton, Gatwick and London Victoria).
- Contemporary fitted kitchens.
- Stylish white bathroom suites.
- Quality internal finishes, including a selection of modern appliances, fittings and flooring.
- Neutrally decorated to allow you to create your perfect interior.
- Covered by a reputable building warranty for peace of mind.
- Ready to move into now!
Now open to neighbouring boroughs.
DON'T MISS OUT! Contact us today to request further details: 0300 100 0309
(** terms and conditions apply - please speak to the appointed Sales Executive on 0300 100 0309 for further information)
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
Chichester lies between the South Downs and Chichester Harbour, with other nature reserves, stunning beaches and dramatic coastline to the south. Chichester has a long history as a settlement from Roman times, with a 12th-century cathedral, University and is home to some of the oldest churches and buildings in Great Britain
For commuters, Chichester station has frequent train services operating to London Victoria/London Gatwick and coastal services run from Brighton and Portsmouth. Chichester is easily reached via the M27 and A27 coast road which links Hampshire, Sussex and Kent.
Min share price from: £91,250 for a 25% share
Full price from: £365,000
Minimum deposit from: £4,563
Monthly rent from: £627
There are 5 available ranging from £91,250 for a 25% share to £93,750 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.