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)

Sycamore Rise , 1 bed homes


Horsham, Horsham, RH13 0AU

Shared ownership

Starting prices

30% share from
£73,500
Full price
£245,000

Overview

Moat is pleased to bring to the market this well presented one bedroom end of terrace house situated in the village of Barns Green in the Horsham district of West Sussex. The village has a busy village store/post office and local pub. Christs Hospital railway station is less than two miles away with links to the south coast, Gatwick and central London. Nearby Horsham town centre offers a good selection of shops, restaurants and leisure facilities.


Plot availability

Plot number Sycamore Rise
Tenure Shared ownership
Availability Available
Bathrooms 1
Minimum share 30%
Minimum share price £73,500
Full market price £245,000
Monthly rent £341
Monthly service charge £38
  • Entrance hall with storage
  • Downstairs cloakroom WC
  • Living/dining room with neutral décor and fitted carpet
  • Modern fitted kitchen with a mix of base and wall units. Integrated hob, oven, extractor hood, fridge/freezer and washing machine
  • One double bedroom with fitted carpet
  • Modern fitted bathroom WC with white suite. Shower to bath with shower screen
  • Gas central heating to radiators
  • Double glazed windows
  • Small front garden with pathway to front door
  • Allocated parking with additional visitor parking
  • Lease date: 125 years from 1 May 2015
  • EPC rating: B (82)

FAQ's

Min share price from: £73,500 for a 30% share
Full price from: £245,000
Monthly rent from: £341
Bedrooms: 1
Bathrooms: 1

There is only one available priced at £73,500 for a 30% 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

Moat
Shared ownership

Starting prices

30% share from
£73,500
Full price
£245,000