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)

The Pillars, 2-3 bed homes


Banbury Road, Chipping Norton, West Oxfordshire, OX7 5AQ

Shared ownership

Starting prices

35% share from
£96,250
Full price
£275,000
Minimum deposit
£4,813
Monthly rent
£410

Overview

Reserve for just £125* – offer available until 31st October 2020

Reserve your dream home with Shared Ownership for less – simply contact Clarion Housing today and find out how easy it is.

*Fee reduced from £500. Offer available until 31st October 2020 and applies to all Shared Ownership purchases with Clarion Housing. If the property does not exchange within 42 days of the reservation fee being taken then the full £500 reservation fee will be required. Full T&Cs available on request.

 

About The Pillars

The Pillars located in the rich heritage of Chipping Norton, boasts a thriving town with good selection of shops and restaurants and traditional pubs and inns dating back to the 16th Century. Contemporary retail and historic buildings live alongside one another presenting a range of captivating period architecture, including Grade I listed St. Mary's Church.

Bordering the enchanting landscapes of the Cotswolds, the area offers plentiful green space to be discovered, in addition to weekly farmers' market dating back to the 13th century. But if exercise and sport is more engaging, The Chipping Norton Leisure Centre is within walking distance, along with the Lido outdoor swimming pool.

Transport

Chipping Norton is approximately 12 miles southwest of Banbury and 18 miles northwest of Oxford.
Situated close to the A44 and 13 miles to the M40.
The closest train station is Charlbury - reaching Paddington station in 1hr 16mins.

Education

Two primary schools and a secondary school inclusive of a sixth form.

To register your interest or for any other enquiries please contact the Customer Service Team – Sales

Please note:

All images displayed throughout are indicative only and may not correspond exactly to the available properties described.

These prices are to be used as a guideline only as they may change.


Local area information

Bordering the enchanting landscapes of the Cotswolds, the area offers plentiful green space to be discovered.


Plot availability

Plot number 18
Tenure Shared ownership
Availability Available
Bathrooms 1
Minimum share 35%
Minimum share price £96,250
Full market price £275,000
Monthly rent £410
Monthly service charge TBC
Ownership Leasehold
Plot number 56
Tenure Shared ownership
Availability Available
Bathrooms 1
Minimum share 35%
Minimum share price £96,250
Full market price £275,000
Monthly rent £410
Monthly service charge TBC
Ownership Leasehold
Plot number 49
Tenure Shared ownership
Availability Available
Bathrooms 1
Minimum share 35%
Minimum share price £96,250
Full market price £275,000
Monthly rent £410
Monthly service charge TBC
Ownership Leasehold
Plot number 54
Tenure Shared ownership
Availability Available
Bathrooms 1
Minimum share 35%
Minimum share price £96,250
Full market price £275,000
Monthly rent £484
Monthly service charge TBC
Ownership Leasehold
Plot number 17
Tenure Shared ownership
Availability Available
Bathrooms 1
Minimum share 35%
Minimum share price £96,250
Full market price £275,000
Monthly rent £484
Monthly service charge TBC
Ownership Leasehold
Plot number 55
Tenure Shared ownership
Availability Available
Bathrooms 1
Minimum share 35%
Minimum share price £96,250
Full market price £275,000
Monthly rent £484
Monthly service charge TBC
Ownership Leasehold
Plot number 57
Tenure Shared ownership
Availability Available
Bathrooms 1
Minimum share 35%
Minimum share price £96,250
Full market price £280,000
Monthly rent £477
Monthly service charge TBC
Ownership Leasehold
Plot number 50
Tenure Shared ownership
Availability Available
Bathrooms 1
Minimum share 35%
Minimum share price £112,000
Full market price £320,000
Monthly rent £484
Monthly service charge TBC
Ownership Leasehold
Plot number 48
Tenure Shared ownership
Availability Available
Bathrooms 1
Minimum share 35%
Minimum share price £113,750
Full market price £325,000
Monthly rent £410
Monthly service charge TBC
Ownership Leasehold
Plot number 51
Tenure Shared ownership
Availability Available
Bathrooms 1
Minimum share 35%
Minimum share price £113,750
Full market price £325,000
Monthly rent £410
Monthly service charge TBC
Ownership Leasehold
Plot number 62
Tenure Shared ownership
Availability Available
Bathrooms 1
Minimum share 35%
Minimum share price £113,750
Full market price £325,000
Monthly rent £477
Monthly service charge TBC
Ownership Leasehold
Plot number 16
Tenure Shared ownership
Availability Available
Bathrooms 1
Minimum share 35%
Minimum share price £113,750
Full market price £325,000
Monthly rent £484
Monthly service charge TBC
Ownership Leasehold
Plot number 28
Tenure Shared ownership
Availability Available
Bathrooms 1
Minimum share 35%
Minimum share price £113,750
Full market price £325,000
Monthly rent £484
Monthly service charge TBC
Ownership Leasehold
Plot number 19
Tenure Shared ownership
Availability Available
Bathrooms 1
Minimum share 35%
Minimum share price £113,750
Full market price £325,000
Monthly rent £484
Monthly service charge TBC
Ownership Leasehold

FAQ's

Min share price from: £96,250 for a 35% share
Full price from: £275,000
Minimum deposit from: £4,813
Monthly rent from: £484
Bedrooms: 2
Bathrooms: 1

There are 14 available ranging from £96,250 for a 35% share to £113,750 for a 35% 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

Clarion
Shared ownership

Starting prices

35% share from
£96,250
Full price
£275,000
Minimum deposit
£4,813
Monthly rent
£410