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)

St. Andrews Gardens, 3 bed homes


Geranium Drive, Morpeth, Northumberland County, NE61 3BP

Shared ownership

Starting prices

25% share from
£47,500
Full price
£190,000
Minimum deposit
£2,375
Monthly rent
£362

Overview

Own this gorgeous home with just a £2,375 deposit!

Contact our Sales Team today to learn more about how you can make home ownership a reality.

Register your interest now.


Local area information

Situated just outside the historic market town of Morpeth you’ll find a beautiful range of 3, 4 & 5 bedroom homes at St Andrews Gardens, ideally located for those looking for an idyllic semi-rural setting for their new home. With Morpeth town centre just a couple of miles away, all of the amenities needed for daily life are close at hand.

The position of the development is ideally placed for those commuting further afield via the A1, meaning trips to Newcastle City Centre and North to the borders and beyond are just a drive away. Local attractions such as Whitehouse Farm & the peaceful views of Northumberland National Park and the nearby coastal scenery are also within driving distance from the development.


Plot availability

Plot number The Bisham
Tenure Shared ownership
Availability Available
Bathrooms 2
Minimum share 25%
Minimum share price £60,000
Full market price £239,995
Monthly rent TBC
Ownership Leasehold

As part of our Shared Ownership scheme, this home is available to purchase from a 25% share of £60,000 and a deposit as little as £3,000!

Shared Ownership is another way to buy your own home. You buy a percentage, and pay rent on the rest. Thirteen own 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 and you can also carry on buying shares to own your home 100%!

You can learn more about our Shared Ownership scheme here.

Situated just outside the historic market town of Morpeth you’ll find a beautiful range of 3, 4 & 5 bedroom homes at St Andrews Gardens, ideally located for those looking for an idyllic semi-rural setting for their new home. With Morpeth town centre just a couple of miles away, all of the amenities needed for daily life are close at hand.

The position of the development is ideally placed for those commuting further afield via the A1, meaning trips to Newcastle City Centre and North to the borders and beyond are just a drive away. Local attractions such as Whitehouse Farm & the peaceful views of Northumberland National Park and the nearby coastal scenery are also within driving distance from the development.

This 4 bedroom detached home with integrated garage is perfect for those looking for their forever home.

The Bisham features: 

  • Integrated garage
  • Modern fitted kitchen
  • Spacious living room with separate dining area
  • Downstairs w/c
  • Under stairs storage
  • Two double bedrooms
  • Two generously sized single bedrooms
  • Family bathroom
  • Further upstairs storage

Estimated monthly finances on a Bisham:

  • 25% share: £60,000
  • 5% deposit: £3,000
  • Total rent (pcm): 

*Please note photography shown is for illustration purposes. Share offered is dependant on individual financial situation and may differ from those shown. 5% typical deposit required by mortgage lender, when mortgage is required. Actual deposit may vary based on lender and personal circumstances. 


FAQ's

Min share price from: £60,000 for a 25% share
Full price from: £239,995
Minimum deposit from: £2,375
Bedrooms: 4
Bathrooms: 2

There is only one available priced at £60,000 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.

It all depends on your lease (your contract with the housing association) so check it thoroughly and ask questions before you buy.

Housing Provider

Thirteen
Shared ownership

Starting prices

25% share from
£47,500
Full price
£190,000
Minimum deposit
£2,375
Monthly rent
£362