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)

Wensum Grange, 2-4 bed homes


Brick Kiln Farm, Rudham Stile Lane, Fakenham, North Norfolk, NR21 8JR

Shared ownership

Starting prices

30% share from
£48,000
Full price
£160,000
Minimum deposit
£2,400
Monthly rent
£257
Monthly service charge
£93

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 Wensum Grange

Wensum Grange is a stylish selection of two, three and four bedroom houses and apartments with parking situated in the historic town of Fakenham, available for Shared Ownership with Clarion Housing.

Brimming with charm and style in a convenient and beautiful location, Wensum Grange is the perfect place to call home.

On the doorstep is Pensthorpe Natural Park, and seaside towns such as Wells-next-the-sea and Holkham beach.

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.

*£99 reservation fee only available on Clarion Housing Shared Ownership homes until 31st July 2020. Full T&Cs available on request.


Local area information

Fakenham is a market town and civil parish in Norfolk. It is situated on the River Wensum, about 19 miles north-east of King's Lynn, 19 miles south-west of Cromer, and 25 miles north west of Norwich.

Mid-Norfolk Railway plans to return trains to the town, and intends to build a new railway station near the gas works. The line would link Fakenham to East Dereham, Wymondham and Norwich.

On the doorstep is Pensthorpe Natural Park - 300 acres of reserve to explore, and the Royal Sandringham Estate, positioned west of Fakenham in the Norfolk Coast Area of Outstanding Natural Beauty. If it's a coastal walk you're after - Wells-next-the-sea is your closest seaside town and the perfect place to relax and explore whatever the weather. Another local highlight is Holkham Hall, with a beautifully landscaped park and lake, farming exhibition, gallery, cafés and shops.


Plot availability

Plot number 45
Tenure Shared ownership
Availability Available
Bathrooms 1
Minimum share 30%
Minimum share price £48,000
Full market price £160,000
Monthly rent £257
Monthly service charge £93
Ownership Leasehold
Plot number 43
Tenure Shared ownership
Availability Available
Bathrooms 1
Minimum share 30%
Minimum share price £48,000
Full market price £160,000
Monthly rent £257
Monthly service charge £93
Ownership Leasehold
Plot number 47
Tenure Shared ownership
Availability Available
Bathrooms 1
Minimum share 30%
Minimum share price £48,000
Full market price £160,000
Monthly rent £257
Monthly service charge £93
Ownership Leasehold
Plot number 64
Tenure Shared ownership
Availability Available
Bathrooms 1
Minimum share 40%
Minimum share price £74,000
Full market price £185,000
Monthly rent £254
Monthly service charge £25
Ownership Leasehold
Plot number 63
Tenure Shared ownership
Availability Available
Bathrooms 1
Minimum share 40%
Minimum share price £74,000
Full market price £185,000
Monthly rent £254
Monthly service charge £25
Ownership Leasehold
Plot number 77
Tenure Shared ownership
Availability Available
Bathrooms 1
Minimum share 40%
Minimum share price £82,000
Full market price £205,000
Monthly rent £282
Monthly service charge £25
Ownership Leasehold
Plot number 38
Tenure Shared ownership
Availability Available
Bathrooms 1
Minimum share 40%
Minimum share price £82,000
Full market price £205,000
Monthly rent £282
Monthly service charge £25
Ownership Leasehold
Plot number 76
Tenure Shared ownership
Availability Available
Bathrooms 1
Minimum share 40%
Minimum share price £84,000
Full market price £210,000
Monthly rent £289
Monthly service charge £25
Ownership Leasehold
Plot number 78
Tenure Shared ownership
Availability Available
Bathrooms 1
Minimum share 40%
Minimum share price £84,000
Full market price £210,000
Monthly rent £289
Monthly service charge £25
Ownership Leasehold
Plot number 37
Tenure Shared ownership
Availability Available
Bathrooms 1
Minimum share 40%
Minimum share price £84,000
Full market price £210,000
Monthly rent £289
Monthly service charge £25
Ownership Leasehold
Plot number 39
Tenure Shared ownership
Availability Available
Bathrooms 1
Minimum share 40%
Minimum share price £84,000
Full market price £210,000
Monthly rent £289
Monthly service charge £25
Ownership Leasehold
Plot number 73
Tenure Shared ownership
Availability Available
Bathrooms 1
Minimum share 40%
Minimum share price £84,000
Full market price £210,000
Monthly rent £289
Monthly service charge £25
Ownership Leasehold
Plot number 74
Tenure Shared ownership
Availability Available
Bathrooms 1
Minimum share 40%
Minimum share price £84,000
Full market price £210,000
Monthly rent £289
Monthly service charge £25
Ownership Leasehold
Plot number 50
Tenure Shared ownership
Availability Available
Bathrooms 1
Minimum share 40%
Minimum share price £94,000
Full market price £235,000
Monthly rent £323
Monthly service charge £28
Ownership Leasehold
Plot number 55
Tenure Shared ownership
Availability Available
Bathrooms 1
Minimum share 40%
Minimum share price £94,000
Full market price £235,000
Monthly rent £323
Monthly service charge £28
Ownership Leasehold
Plot number 51
Tenure Shared ownership
Availability Available
Bathrooms 1
Minimum share 40%
Minimum share price £94,000
Full market price £235,000
Monthly rent £323
Monthly service charge £28
Ownership Leasehold
Plot number 54
Tenure Shared ownership
Availability Available
Bathrooms 1
Minimum share 40%
Minimum share price £94,000
Full market price £235,000
Monthly rent £323
Monthly service charge £28
Ownership Leasehold
Plot number 59
Tenure Shared ownership
Availability Available
Bathrooms 1
Minimum share 40%
Minimum share price £96,000
Full market price £240,000
Monthly rent £330
Monthly service charge £28
Ownership Leasehold
Plot number 58
Tenure Shared ownership
Availability Available
Bathrooms 1
Minimum share 40%
Minimum share price £98,000
Full market price £245,000
Monthly rent £337
Monthly service charge £28
Ownership Leasehold
Plot number 60
Tenure Shared ownership
Availability Available
Bathrooms 1
Minimum share 40%
Minimum share price £98,000
Full market price £245,000
Monthly rent £337
Monthly service charge £28
Ownership Leasehold
Plot number 41
Tenure Shared ownership
Availability Available
Bathrooms 1
Minimum share 40%
Minimum share price £98,000
Full market price £245,000
Monthly rent £337
Monthly service charge £28
Ownership Leasehold
Plot number 42
Tenure Shared ownership
Availability Available
Bathrooms 1
Minimum share 40%
Minimum share price £98,000
Full market price £245,000
Monthly rent £337
Monthly service charge £28
Ownership Leasehold
Plot number 61
Tenure Shared ownership
Availability Available
Bathrooms 1
Minimum share 40%
Minimum share price £98,000
Full market price £245,000
Monthly rent £337
Monthly service charge £28
Ownership Leasehold
Plot number 62
Tenure Shared ownership
Availability Available
Bathrooms 1
Minimum share 40%
Minimum share price £98,000
Full market price £245,000
Monthly rent £337
Monthly service charge £28
Ownership Leasehold
Plot number 49
Tenure Shared ownership
Availability Available
Bathrooms 1
Minimum share 40%
Minimum share price £102,000
Full market price £255,000
Monthly rent £351
Monthly service charge £28
Ownership Leasehold
Plot number 75
Tenure Shared ownership
Availability Available
Bathrooms 1
Minimum share 35%
Minimum share price £94,500
Full market price £270,000
Monthly rent £402
Monthly service charge £28
Ownership Leasehold
Plot number 65
Tenure Shared ownership
Availability Available
Bathrooms 1
Minimum share 35%
Minimum share price £98,000
Full market price £280,000
Monthly rent £417
Monthly service charge £28
Ownership Leasehold
Plot number 66
Tenure Shared ownership
Availability Available
Bathrooms 1
Minimum share 35%
Minimum share price £98,000
Full market price £280,000
Monthly rent £417
Monthly service charge £28
Ownership Leasehold
Plot number 40
Tenure Shared ownership
Availability Available
Bathrooms 2
Minimum share 35%
Minimum share price £122,500
Full market price £350,000
Monthly rent £521
Monthly service charge £31
Ownership Leasehold

FAQ's

Min share price from: £48,000 for a 30% share
Full price from: £160,000
Minimum deposit from: £2,400
Monthly rent from: £257
Bedrooms: 2
Bathrooms: 1

There are 29 available ranging from £48,000 for a 30% share to £122,500 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

30% share from
£48,000
Full price
£160,000
Minimum deposit
£2,400
Monthly rent
£257
Monthly service charge
£93