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%.

Longhedge Village


Nicolson Vale, Salisbury, Wiltshire, SP4 6SZ

Shared ownership
3 bedroom homes
40% share from
£101,800
Full price
£225,000
Minimum deposit
£5,540
Monthly rent
£381
Monthly service charge
£36

Overview

>Three bedroom homes
>Available with Shared Ownership
>Deposits starting at £5,540^
>Show home open Thursday to Monday, 10am to 5pm.

If you would like to find out more about Longhedge Village please call our Sales Officer on 07970 364 226.

Located less than fifteen minutes' drive from the historic cathedral city of Salisbury*, these new homes form part of the new Longhedge Village community. The history of Old Sarum can be traced back over 2,000 years, now offering exciting historical attractions such as the site of Salisbury's original cathedral and the Iron Age hill fort.

The village is a charming place to call home, offering the ideal blend of rural living just a short distance from a bustling city. Surrounded by plentiful green space, and just five minutes' drive away from local schools and shops, you'll have everything within easy reach at Longhedge Village.

Please note, homes within this development require prospective purchasers to have a local connection to Wiltshire (live and/or work in). For more information, contact the Radian Homes team.

^Affordability and eligibility criteria apply. All figures are illustrative based upon buying a minimum share. Purchase share values will be determined based upon applicant’s individual financial circumstances, in line with Homes England guidelines. Applicants will be referred to a nominated mortgage advisor for a financial assessment and will be expected to maximise the percentage of share they purchase. ^Please note, all service charge prices are estimated and may be subject to change. Radian Homes reserve the right to change service charge prices.

Images may be computer generated and are for illustrative purposes only, so may not be representative of exact plots. Images may be of a different model of home. Individual specification, fittings and features such as windows, brick, carpets, paint and other material colours may vary. Any furnishings are for our show home and not included in any sale, but are for guidance only.


Local area information

Located less than 4 miles from the historic city of Salisbury, Longhedge Village is an exciting new development offering the perfect blend of rural living just a short distance from a bustling city.

Schools
Ideal for families, just one mile away is Old Sarum Primary School. Once complete, Longhedge Village will also offer a new primary school, along with community sports facilities. For senior pupils South Wilts Grammar School for Girls and Bishops Wordsworth’s School for boys are both rated ‘outstanding’ by Ofsted and within the top 100 state secondary schools in the country.

Shopping
Just 2 miles from the development you’ll find local convenience stores, with larger supermarkets and retail parks are a little further afield near Salisbury and on the outskirts of the city centre.

Travel
Salisbury train station offers regular services to London Waterloo, Southampton and Winchester, whilst access to the M27 and other major routes are all easily accessible for those who work outside the city or for weekend trips further afield.


Plot availability

Plot number 84
Tenure Shared ownership
Availability Available
Bathrooms 1
Minimum share 40%
Minimum share price £110,800
Full market price £277,000
Monthly rent £381
Monthly service charge £36
  • Fitted kitchen diner with oven, hob and extractor fan
  • Spacious living room
  • White sanitaryware to family bathroom, ensuite and downstairs WC
  • Turfed rear garden
  • Allocated parking and garage
Plot number 78
Tenure Shared ownership
Availability Available
Bathrooms 1
Minimum share 40%
Minimum share price £118,000
Full market price £295,000
Monthly rent £406
Monthly service charge £38
  • Fitted kitchen with oven, hob and extractor fan
  • White sanitaryware to family bathroom and downstairs WC
  • Turfed rear garden with shed
  • Two allocated parking spaces
Plot number 73
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 £38
  • Fitted kitchen with oven, hob and extractor fan
  • White sanitaryware to family bathroom and downstairs WC
  • Turfed rear garden with shed
  • Two allocated parking spaces

FAQ's

Min share price from: £110,800 for a 40% share
Full price from: £277,000
Minimum deposit from: £5,540
Monthly rent from: £381
Bedrooms: 3
Bathrooms: 1

There are 4 available ranging from £110,800 for a 40% share to £120,000 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

Radian
Shared ownership
3 bedroom homes
40% share from
£101,800
Full price
£225,000
Minimum deposit
£5,540
Monthly rent
£381
Monthly service charge
£36