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%.

Radwinter Road


Fairfax Drive, Saffron Walden, Uttlesford, CB10 2NR

Shared ownership
2-4 bedroom homes
25% share from
£100,000
Full price
£400,000
Minimum deposit
£5,000
Monthly rent
£550
Monthly service charge
£19

Overview

Located south of Cambridge in the delightful market town of Saffron Walden, Radwinter Road is a collection of two-bedroom bungalows and three and four-bedroom houses, available now through shared ownership.   

These impressive homes are designed with a high specification to suit a range of lifestyles and built to high standards of sustainability. Each one is contemporary in design, with a stunning specification and flexible living areas, and they are ready for you to make your own.  

Prices start from £400,000 but, with shared ownership, you could be purchasing from a 25% share for as little £100,000. If you're buying with a mortgage you'll only need a 5% deposit on the share you purchase, which means your mortgage deposit could be as little as £5,000**

*This is based on a 25% share (£100,000) of a two bedroom bungalow valued from £400,000 with a 5% mortgage deposit (£5,000). The share you purchase is dependent on affordability and your personal circumstances.

Photos and CGIs are for illustrative purposes only and may feature previous developments.


Local area information

Our homes at Radwinter Road are just on the outskirts of Saffron Walden, a delightful medieval market town 15 miles south of Cambridge.

You’ll find local amenities close at hand with several major supermarkets close-by. The area is served by a selection of primary and secondary schools, many rated as “Outstanding” by Ofsted*, and Saffron Walden Community Hospital is also nearby. 

Rich in heritage, the nearby town of Saffron Walden has a great deal to offer. You’ll find plenty of places to eat and drink, many independent shops, and twice-weekly markets in the historic Market Place. The award-winning Saffron Hall hosts a variety of concerts and events featuring local, national and international artists. There are also several local gyms and a golf course.

Radwinter Road is in a great location for travelling both locally and further afield. The local area is served by plenty of bus services, and you’re less than 8 miles from Audley End railway station, located on the Cambridge - London Liverpool Street line. The M11 is less than 14 miles, with easy access to Cambridge (20 miles) and London (56 miles), while Stansted Airport is just 14 miles away and offers flights to numerous domestic & European destinations.

*Information correct at time of writing (Dec 2019) 


Plot availability

Plot number 47
Tenure Shared ownership
Availability Available
Bathrooms 2
Minimum share 25%
Minimum share price £110,000
Full market price £440,000
Ownership Leasehold

Start 2020 in your new home. Reserve this winter and we will treat you to your first 3 months' rent, saving you up to £3,080*

Our three bedroom houses offer the very best in home comforts and are designed for modern living. Every level of care and attention has been taken to ensure you are moving into a home that meets your needs and one you will be proud of. Each one is contemporary in design, with flexible open plan living areas and is ready for you to make your own.

Key features include:

  • Three double bedrooms - plenty of space
  • Open kitchen, living and dining area is the hub of the home
  • Create fantastic meals in the contemporary kitchen with Integrated oven 
  • Master bedroom with en-suite is a real showstopper!
  • Luxury white bathroom suite with contemporary chrome accessories
  • Convenient downstairs cloakroom
  • Ceramic wall and floor tiles in bathrooms
  • Plenty of storage - say goodbye to clutter!
  • Wooden flooring in living room and hallway
  • Carpets in the bedrooms and landing

Prices start from £440,000 but, with shared ownership, you could be purchasing from a 25% share for as little £110,000. If you're buying with a mortgage you'll only need a 5% deposit on the share you purchase, which means your mortgage deposit could be as little as £5,500**

*Offer is to pay the rental portion only of your monthly costs of a new home purchased with Shared Ownership, based on a minimum of a 25% share. The figure quoted is based on the purchase of plot 89 at Radwinter Road with the monthly rent payable of £1,026.95. The offer is capped at a maximum of £3,080.85. Incentives are for new sales only and will be issued upon completion of your new home. To qualify reservations must be made between 16th December 2019 and 31st January 2020 and sales completed by 31st March 2020.

**This is based on a 25% share (£110,000) of a two bedroom bungalow valued from £440,000 with a 5% mortgage deposit (£5,500). Photos are for illustrative purposes only.

Photos and CGIs are for illustrative purposes only and may feature previous developments.

Plot number 74
Tenure Shared ownership
Availability Available
Bathrooms 2
Minimum share 25%
Minimum share price £126,875
Full market price £507,500
Ownership Leasehold

Start 2020 in your new home. Reserve this winter and we will treat you to your first 3 months' rent, saving you up to £3,080*

Our four-bedroom semi-detached home at Radwinter Road is ideal for first time buyers and families.

The ground floor entrance hallway opens onto a stylish dining area, with plenty of room for entertaining guests. The hallway also provides access to a comfortable front-facing living room and an open kitchen/breakfast room to the rear. The living room offers ample space to relax and unwind, while the kitchen is great for bringing everyone together, and features contemporary units and worktops and integrated appliances. The ground floor is completed by a convenient downstairs cloakroom, and some plots also feature an additional downstairs room which would make a great home office, study or children's playroom.

Off the first floor landing are four double bedrooms and a luxurious family bathroom. Each bedroom has space for wardrobes or furniture, and the master bedroom benefits from its own en-suite, while some plots also feature an additional dressing area. The stylish bathroom features luxury white suite, chrome accessories and ceramic tiles.

With flooring included throughout, each home is ready to move into right away.

Prices start from £507,500 but, with shared ownership, you could be purchasing from a 25% share for as little £126,875. If you're buying with a mortgage you'll only need a 5% deposit on the share you purchase, which means your mortgage deposit could be as little as £6,344**

<i>*Offer is to pay the rental portion only of your monthly costs of a new home purchased with Shared Ownership, based on a minimum of a 25% share. The figure quoted is based on the purchase of plot 89 at Radwinter Road with the monthly rent payable of £1,026.95. The offer is capped at a maximum of £3,080.85. Incentives are for new sales only and will be issued upon completion of your new home. To qualify reservations must be made between 16th December 2019 and 31st January 2020 and sales completed by 31st March 2020.

**This is based on a 25% share (£126,875) of a four bedroom house valued from £507,500 with a 5% mortgage deposit (£6,344). The share you purchase is dependent on affordability and your personal circumstances.

Photos and CGIs are for illustrative purposes only and may feature previous developments</i>


FAQ's

Min share price from: £110,000 for a 25% share
Full price from: £440,000
Minimum deposit from: £5,000
Bedrooms: 3
Bathrooms: 2

There are 2 available ranging from £110,000 for a 25% share to £126,875 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.

No, but it all depends on your lease (your contract with the housing association) so check it thoroughly and ask questions before you buy.

Housing Provider

Home Group
Shared ownership
2-4 bedroom homes
25% share from
£100,000
Full price
£400,000
Minimum deposit
£5,000
Monthly rent
£550
Monthly service charge
£19