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)

Rawlinson Road , 2 bed homes


Crawley, Crawley, RH10 7DP

Shared ownership

Starting prices

50% share from
£125,000
Full price
£250,000

Overview

Moat is pleased to bring to the market this two bedroom apartment located in the popular area of Maidenbower in Crawley, West Sussex.  Three Bridges railway station is less than two miles away with links to London Victoria, Brighton and Gatwick Airport.  Crawley has a good selection of shops, restaurants and leisure facilities including The Hawth Theatre, a multi-screen cinema complex and the K2 leisure centre.  There are several primary and secondary schools in the local area including Maidenbower Junior and the Oriel High School.  The property is conveniently situated for access onto the M23 London to Brighton. 


Plot availability

Plot number 55
Tenure Shared ownership
Availability Available
Bathrooms 1
Minimum share 50%
Minimum share price £125,000
Full market price £250,000
Monthly rent £279
Monthly service charge £133
  • Entrance hall with airing cupboard 
  • Living room with vinyl flooring
  • Modern fitted kitchen with a mix of base and wall units.  Integrated appliances including fridge freezer, washer/dryer, oven, hob and extractor fan  
  • Modern fitted bathroom W/C with white suite.  Overhead shower
  • Two double bedrooms
  • Gas central heating  
  • Door entry phone system
  • Off street parking with additional visitor parking 
  • Communal lift
  • Lease date: 125 years (less 5 days) from 31 October 2007
  • EPC rating: C (76) 

FAQ's

Min share price from: £125,000 for a 50% share
Full price from: £250,000
Monthly rent from: £279
Bedrooms: 2
Bathrooms: 1

There is only one available priced at £125,000 for a 50% 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

Starting prices

50% share from
£125,000
Full price
£250,000