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%.

Penlands Green


Penlands Green, Haywards Heath, Mid Sussex, RH16 1PF

Shared ownership
2 bedroom homes
30% share from
£94,500
Full price
£315,000
Minimum deposit
£4,225
Monthly rent
£505
Monthly service charge
£100

Overview

Open day Saturday 18 January - book your appointment today!

£1,000 furniture vouchers with Next when you complete and move into your brand new apartment at Penlands Green.*

Moat is pleased to release details of this collection of two bedroom apartments at Penlands Green, West Sussex.

These highly sought-after beautiful apartments available through shared ownership in Haywards Heath are now available to view and ready to move into.

Built in Redrow's classic Heritage Collection style, each home features the following:

Fully fitted Symphony Woodbury range gloss kitchen in ivory with dark ash worktop and glass splashback.
Integrated Zanussi appliances including oven, gas hob, extractor hood, washer/dryer and fridge freezer.
Contemporary fully fitted Armitage Shanks bathroom with shower, screen and heated towel rail.
Porcelanosa ceramic tiling flooring to kitchen/dining area. Tarkett Goliath vinyl to bathroom. Carpet to remaining areas.
Central heating
One allocated parking space
10-year NHBC warranty.
Complete the financial assessment for these homes today!

Please note: Moat do not allow pets in apartments.

Priority will be given to people who live and/or work in Mid Sussex. In line with government priorities, top priority for these homes at Penlands Farm is awarded to serving military personnel and former members of the British Armed Forces discharged in the last two years.

*Terms & conditions apply. Buyers will be appointed solicitors Alexander JLO and mortgage advisors Mortgage Advice Bureau (Wagner and Gibbs).

 

 


Local area information

Penlands Green is located in Haywards Heath, Sussex, amongst all local and modern amenities, transportation links and things to do.


Plot availability

Plot number 191
Tenure Shared ownership
Availability Available
Bathrooms 1
Minimum share 30%
Minimum share price £94,500
Full market price £315,000
Monthly rent £505
Monthly service charge £119
Plot number 193
Tenure Shared ownership
Availability Available
Bathrooms 1
Minimum share 30%
Minimum share price £96,750
Full market price £322,500
Monthly rent £517
Monthly service charge £120
Plot number 188
Tenure Shared ownership
Availability Available
Bathrooms 1
Minimum share 30%
Minimum share price £96,750
Full market price £322,500
Monthly rent £517
Monthly service charge £119
Plot number 102
Tenure Shared ownership
Availability Available
Bathrooms 2
Minimum share 30%
Minimum share price £103,500
Full market price £345,000
Monthly rent £553
Monthly service charge £55
  • Fully fitted Symphony Woodbury range gloss kitchen in ivory with dark ash worktop and glass splashback.
  • Integrated Zanussi appliances including oven, gas hob, extractor hood, washer/dryer and fridge freezer.
  • Contemporary fully fitted Armitage Shanks bathroom with shower, screen and heated towel rail.
  • Porcelanosa ceramic tiling flooring to kitchen/dining area. Tarkett Goliath vinyl to bathroom. Carpet to remaining areas.
  • Central heating
  • One allocated parking space
  • 10-year NHBC warranty.
Plot number 101
Tenure Shared ownership
Availability Available
Bathrooms 2
Minimum share 30%
Minimum share price £105,000
Full market price £350,000
Monthly rent £561
Monthly service charge £55
  • Fully fitted Symphony Woodbury range gloss kitchen in ivory with dark ash worktop and glass splashback.
  • Integrated Zanussi appliances including oven, gas hob, extractor hood, washer/dryer and fridge freezer.
  • Contemporary fully fitted Armitage Shanks bathroom with shower, screen and heated towel rail.
  • Porcelanosa ceramic tiling flooring to kitchen/dining area. Tarkett Goliath vinyl to bathroom. Carpet to remaining areas.
  • Central heating
  • One allocated parking space
  • 10-year NHBC warranty.
Plot number 96
Tenure Shared ownership
Availability Available
Bathrooms 2
Minimum share 30%
Minimum share price £114,000
Full market price £380,000
Monthly rent £610
Monthly service charge £55
  • Fully fitted Symphony Woodbury range gloss kitchen in ivory with dark ash worktop and glass splashback.
  • Integrated Zanussi appliances including oven, gas hob, extractor hood, washer/dryer and fridge freezer.
  • Contemporary fully fitted Armitage Shanks bathroom with shower, screen and heated towel rail.
  • Porcelanosa ceramic tiling flooring to kitchen/dining area. Tarkett Goliath vinyl to bathroom. Carpet to remaining areas.
  • Central heating
  • One allocated parking space
  • 10-year NHBC warranty.

FAQ's

Min share price from: £94,500 for a 30% share
Full price from: £315,000
Minimum deposit from: £4,225
Monthly rent from: £505
Bedrooms: 2
Bathrooms: 1

There are 12 available ranging from £94,500 for a 30% share to £114,000 for a 30% 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

Moat
Shared ownership
2 bedroom homes
30% share from
£94,500
Full price
£315,000
Minimum deposit
£4,225
Monthly rent
£505
Monthly service charge
£100