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)

Meadow View, 3 bed homes


17 Ashfield Way, Wallingford, South Oxfordshire, OX10 9QW

Shared ownership

Starting prices

40% share from
£156,000
Full price
£390,000
Minimum deposit
£7,800
Monthly rent
£536
Monthly service charge
£57

Overview

These fantastic 3 bedroom houses are located on the Meadow View development in Cholsey near Wallingford, South Oxfordshire.

Cholsey is a quaint village with a range of great amenities including a pharmacy, butcher, hair salon, vet, church and two pubs. Cholsey train station is half a mile from the development where you can get a train into London Paddington in one hour, Oxford in half an hour and Reading in just 20 minutes. Beyond the village, there is wide open countryside for you to explore making these homes ideal for those looking for the open space and city access.

Prices on this development start from 40% equity share. 

You will need a minimum 5% deposit (of the share value) for mortgage purposes, plus monies to pay for solicitor fees, moving costs & furnishings.


Local area information

-Beautiful village with amenities and Pub
-Close to Wallingford
-10 minute walk to Cholsey Station – 19 minutes to Reading and 53 minutes to London Paddington
-Good size two and three bed houses
-Mix of mid terrace and end of terrace houses
-2 allocated parking spaces
-Walking distance to Thames river


Plot availability

Plot number 70
Tenure Shared ownership
Availability Available
Bathrooms 1
Minimum share 40%
Minimum share price £156,000
Full market price £390,000
Monthly rent £536
Monthly service charge £57
Ownership Leasehold

Kitchen:
-Matt kitchen units from the Symphony Koncept range
-Inset stainless steel single sink with drainer set laminate worktops with matching upstands
-Integrated stainless steel single oven and gas hob
-Stainless steel extractor and splashback
-Space for fridge/freezer
-Space for dishwasher
-Space for washing machine
-LED stainless steel under counter lights

Bathrooms, Ensuites and Cloakrooms:
-Ideal Standard sanitaryware with contemporary chrome fittings
-Porcelanosa splashbacks to basins in cloakrooms and ensuites
-Porcelanosa half height tiling to sanitaryware walls in bathroom
-Porcelanosa half height tiling over bath where no shower over
-Romans sliding shower screen to ensuites
-Shaver socket
-Heated towel rail to bathrooms and ensuites

Electrical and Lighting:
-BT hub to the ground floor
-Sky and TV outlet to lounge and master bedroom (Sky subject to subscription by the customer)
-Downlighters to kitchen, bathroom and ensuite
-Pendants to all other rooms
-Coach light to the front of house
-Mains powered smoke detectors with back up battery
-Carbon monoxide detector
-Mains operated bell push to front doors

Internal Finishes:
-Internal doors with white finish and polished chrome ironmongery
-Internal walls finished in white emulsion
-Internal woodwork to be white gloss finish
-Staircases to be timber with softwood handrail, painted white

Heating:
-Gas-fired heating feeding radiators fitted with thermostatic valves

General:
-Double glazed windows

Peace of mind:
-Each home will be independently surveyed during construction by Premier Guarantee, who will issue their 10-year warranty certificate on completion of the home.


FAQ's

Min share price from: £156,000 for a 40% share
Full price from: £390,000
Minimum deposit from: £7,800
Monthly rent from: £536
Bedrooms: 3
Bathrooms: 1

There is only one available priced at £156,000 for a 40% 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.

Yes, 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

Sage Housing
Shared ownership

Starting prices

40% share from
£156,000
Full price
£390,000
Minimum deposit
£7,800
Monthly rent
£536
Monthly service charge
£57