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 Sidings | Orbit, 3 bed homes


Midland Road, Thrapston, East Northamptonshire, NN14 4RW

Shared ownership

Starting prices

40% share from
£88,000
Full price
Coming soon
Monthly rent
£306
Monthly service charge
£22

Overview

The Sidings is located off Midland Road on the edge of the historic Northamptonshire market town of Thrapston which boasts a variety of quaint boutiques, pubs, and eateries. The development will consist of 65 two, three and four-bedroom homes available for market sale and shared ownership. Our new-build homes offer a range of options to offer everyone the chance to get on the property ladder.  

Our Sales Office is now open for viewings by appointment only. Please contact us to arrange a time which is convenient for you.


Local area information

Conveniently situated in the heart of the historic Northamptonshire town of Thrapston, The Sidings is ideally located to offer its residents the perfect combination of modern urban facilities, yet within easy reach of the leisure pursuits and relaxation opportunities of the rural idyll.

The Sidings is also the ideal base for young families, with six well-regarded primary schools within a three-mile radius of the development. For older pupils, it is just three and a half miles to the popular secondary academy, Manor School Sports College, which is renowned for excellence in sports, arts, academia, and the quality and inclusivity of its pastoral care.

For those who appreciate the beauty of nature, Stanwick Lakes, Titchmarsh Nature Reserve, and Aldwincle Lake are a great choice.

Those with an inclination for sport will be spoilt for choice as the town provides a number of excellent facilities which cater for all levels of ability. The Nene Centre boasts a swimming pool, gym, courts, and pitches. The Middle Nene Sailing Club has been a hub of the community since it was established in 1947 and provides casual and competitive sailing opportunities and training as well as a lively social scene. There is also a small tennis club which has been awarded the prestigious LTA ‘Club Mark’.


Plot availability

Plot number 22 & 23
Tenure Shared ownership
Availability Available
Bathrooms 2
Minimum share 40%
Minimum share price £76,000
Full market price TBC
Monthly rent £261
Monthly service charge £24
Plot number 7, 8
Tenure Shared ownership
Availability Available
Bathrooms 2
Minimum share 40%
Minimum share price £88,000
Full market price TBC
Monthly rent £306
Monthly service charge £22
Plot number 6, 9
Tenure Shared ownership
Availability Available
Bathrooms 2
Minimum share 40%
Minimum share price £89,000
Full market price TBC
Monthly rent £306
Monthly service charge £22

FAQ's

Prices are not available yet for The Sidings | Orbit but you can register your interest to be notified when prices become available.

Plot breakdowns are not available yet for The Sidings | Orbit but you can register your interest to be notified when prices become available.

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

Orbit
Shared ownership

Starting prices

40% share from
£88,000
Full price
Coming soon
Monthly rent
£306
Monthly service charge
£22