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)

Lavant Banks at Graylingwell Park, 3 bed homes


North Mead, Chichester, Chichester, PO19 6AN

Shared ownership

Starting prices

25% share from
£91,250
Full price
£365,000
Minimum deposit
£4,563
Monthly rent
£627
Monthly service charge
£59

Overview

Reserve for just £125* – offer available until 31st October 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 October 2020 and applies to all Shared Ownership purchases with Clarion Housing. If the property does not exchange within 42 days of the reservation fee being taken then the full £500 reservation fee will be required. Full T&Cs available on request.

 

About Lavant Banks at Graylingwell Park

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!

Buyers will need a live or work connection to Chichester.

DON'T MISS OUT! Contact us today to request further details:

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

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.  


Plot availability

Plot number 538
Tenure Shared ownership
Availability Available
Bathrooms 1
Minimum share 25%
Minimum share price £91,250
Full market price £365,000
Monthly rent £627
Monthly service charge £59
Ownership Leasehold
Plot number 539
Tenure Shared ownership
Availability Available
Bathrooms 1
Minimum share 25%
Minimum share price £91,250
Full market price £365,000
Monthly rent £627
Monthly service charge £59
Ownership Leasehold
Plot number 540
Tenure Shared ownership
Availability Available
Bathrooms 1
Minimum share 25%
Minimum share price £91,250
Full market price £365,000
Monthly rent £627
Monthly service charge £59
Ownership Leasehold
Plot number 537
Tenure Shared ownership
Availability Available
Bathrooms 1
Minimum share 25%
Minimum share price £93,750
Full market price £375,000
Monthly rent £645
Monthly service charge £59
Ownership Leasehold
Plot number 542
Tenure Shared ownership
Availability Available
Bathrooms 1
Minimum share 25%
Minimum share price £93,750
Full market price £375,000
Monthly rent £645
Monthly service charge £59
Ownership Leasehold

FAQ's

Min share price from: £91,250 for a 25% share
Full price from: £365,000
Minimum deposit from: £4,563
Monthly rent from: £627
Bedrooms: 3
Bathrooms: 1

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.

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
£91,250
Full price
£365,000
Minimum deposit
£4,563
Monthly rent
£627
Monthly service charge
£59