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)

Oak Point , 2-4 bed homes


Portslade, Portslade-by-Sea, Brighton and Hove City, BN41 2RB

Shared ownership

Starting prices

35% share from
£145,250
Full price
£415,000
Minimum deposit
£7,263
Monthly rent
£618
Monthly service charge
£51

Overview

Reserve for just £99* – offer available until 31st March 2021

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 March 2021 and applies to all Shared Ownership purchases with Clarion Housing. If the property does not exchange within 45 days of the reservation fee being taken then the full £500 reservation fee will be required. Full T&Cs available on request.

 

About Oak Point

Clarion are proud to announce the launch of their shared ownership homes at Oak Point; a beautiful collection of newly-built two, three and four bedroom houses in desirable Portslade.

Register your interest today to be the first to receive launch updates!

To register your interest or for any other enquiries please contact the Customer Service Team – Sales 

Please note:

Images displayed may be examples of previous Clarion Housing developments that will not always be indicative of the specification at this development and may not correspond exactly to the available properties described.


Local area information

A beautiful collection of newly-built two, three and four bedroom houses in desirable Portslade.


Plot availability

Plot number 109
Tenure Shared ownership
Availability Available
Bathrooms 1
Minimum share 35%
Minimum share price £145,250
Full market price £415,000
Monthly rent £618
Monthly service charge £52
Ownership Leasehold
Plot number 112
Tenure Shared ownership
Availability Available
Bathrooms 1
Minimum share 35%
Minimum share price £145,250
Full market price £415,000
Monthly rent £618
Monthly service charge £52
Ownership Leasehold
Plot number 115
Tenure Shared ownership
Availability Available
Bathrooms 1
Minimum share 35%
Minimum share price £145,250
Full market price £415,000
Monthly rent £618
Monthly service charge £52
Ownership Leasehold
Plot number 125
Tenure Shared ownership
Availability Available
Bathrooms 1
Minimum share 35%
Minimum share price £145,250
Full market price £415,000
Monthly rent £618
Monthly service charge £51
Ownership Leasehold

FAQ's

Min share price from: £145,250 for a 35% share
Full price from: £415,000
Minimum deposit from: £7,263
Monthly rent from: £618
Bedrooms: 3
Bathrooms: 1

There are 4 available ranging from £145,250 for a 35% share to £145,250 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.

Housing Provider

Clarion
Shared ownership

Starting prices

35% share from
£145,250
Full price
£415,000
Minimum deposit
£7,263
Monthly rent
£618
Monthly service charge
£51