Montpelier Place

1 - 2 bedroom homes in Montpelier Place, Brighton, Brighton and Hove City, BN1 3BF

Tenure Shared ownership
What is Shared Ownership?
Availability Available
Min share price from £115,000 for 25% share
Full price from £460,000
Min deposit from TBC
Monthly rent from £791
Service charge from £222
Bedrooms 1-2
Bathrooms 1

Shared Ownership is a type of affordable home ownership when a purchaser takes out a mortgage on a share of a property and pays rent to a landlord on the remaining share.

For example, someone might buy a 50 per cent share in a property and pay rent to the landlord on the remaining 50 per cent. Purchasers then have the opportunity to ‘staircase’ up their share of the property, gradually increasing the proportion of their home that they own outright and therefore paying less rent on the remaining portion, until they own 100 per cent of their home.

Overview

Don't Miss Out! Only 1 home remaining!

 

Located in a beautiful residential area on the Brighton/Hove boundary these apartments are a stone’s throw away from the seaside and only 15 minutes walk from the Brighton train station.

Combining excellent location with elegant design, stylish interiors and open living spaces Montpelier Place is a perfect space to call your home and a true gem in the vibrant city of Brighton.

 

Montpelier Place is currently managed by a local Sales Agent, Oakley Property - please Register your interest below and a member of the sales team will be in touch within 48 hours.

 

In order to proceed with shared ownership purchase, we need you to complete a basic financial assessment. After registering you will receive all the details and next steps to follow.

 

Eligibility criteria

To be eligible for a home at Montpelier Place, you will need to:

  • Have a gross household income of no more than £80,000 per annum.
  • Be unable to purchase a suitable home to meet your housing needs on the open market.
  • Not already own a home or you will have sold your current home before you purchase
  • Be registered with a local Help to Buy agent

Local area information

Montpelier Place is perfectly settled on the boundary between Brighton and Hove, with only 0.5 mile to the beach.

Dubbed London-by-Sea, Brigton is a vibrant city with countless cafes and pubs, museums, theatres, music venues and lively night life. With a huge creative community, two well respected universities, a marina and excellent transport links to Gatwick airport and London, Brighton and Hove is a perfect city to live and work in.

Status Plot No. Floor Beds Min share price Eligibility
Available 19 2 2 £115,000 View details
Available 19 Second 2 £173,250 View details
Reserved 17 1 1 £112,000 View details
Reserved 16 N/A 1 £113,750 View details
Reserved 18 1 1 £119,000 View details

FAQ's

Min share price from: £115,000 for a 25% share
Full price from: £460,000
Monthly rent from: £791
Bedrooms: 2
Bathrooms: 1

There are 2 available ranging from £115,000 for a 25% share to £173,250 for a 35% 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.
Illustration by: James Halsall

Register Interest

Register your interest to be contacted by a housing provider. You will need to provide basic eligibility criteria during the register interest process.

Montpelier Place

1 - 2 bedroom homes in Montpelier Place, Brighton, Brighton and Hove City, BN1 3BF

Tenure Shared ownership
What is Shared Ownership?
Availability Available
Min share price from £115,000 for 25% share
Full price from £460,000
Min deposit from TBC
Monthly rent from £791
Service charge from £222
Bedrooms 1-2
Bathrooms 1

Shared Ownership is a type of affordable home ownership when a purchaser takes out a mortgage on a share of a property and pays rent to a landlord on the remaining share.

For example, someone might buy a 50 per cent share in a property and pay rent to the landlord on the remaining 50 per cent. Purchasers then have the opportunity to ‘staircase’ up their share of the property, gradually increasing the proportion of their home that they own outright and therefore paying less rent on the remaining portion, until they own 100 per cent of their home.

Location

Housing Provider

Trusted by

Southern Complete Moves Mayor or London National Housing Federation Moat Homes