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)

Woodbrook House at Bournville Park, 1-2 bed homes


New House Farm Drive, Birmingham, Birmingham City, B30 1UG

Videos, 3D tours


Shared ownership

Starting prices

35% share from
£59,500
Full price
£170,000
Minimum deposit
£2,975
Monthly rent
£253

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 Woodbrook House at Bournville Park

Available now for reservations

Woodbrook House at Bournville Park is a new collection of one and two bedroom apartments, available through shared ownership in Birmingham. Surrounded by mature grassland and just six miles from the centre of Birmingham, these impressive homes cater to a variety of lifestyles.

Residents living here will become part of the area's history, as the homes are set within the former grounds of Northfield Manor House and built on land that has a deep heritage, dating back to the mid-1700s.

Conveniently the centre of Birmingham is less than a 20-minute drive away and this bustling city has an eclectic arts and entertainment scene.

You can dine out, take in a theatre show or enjoy some retail therapy in the Bullring, which has a mixture of high street and designer brands including Mango, Reiss and Selfridges. The Mailbox, a premier shopping and lifestyle destination, also offers a selection of high-end retailers, including the luxury department store Harvey Nichols. There are also plenty of excellent restaurants and an Everyman Cinema, which features three custom-built movie screens and a fashionable bar.

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

Conveniently. the centre of Birmingham is less than a 20-minute drive away and this bustling city has an eclectic arts and entertainment scene.


Plot availability

Plot number 114
Tenure Shared ownership
Availability Available
Bathrooms 1
Minimum share 35%
Minimum share price £59,500
Full market price £170,000
Monthly rent £253
Monthly service charge TBC
Ownership Leasehold
Plot number 137
Tenure Shared ownership
Availability Available
Bathrooms 1
Minimum share 35%
Minimum share price £60,900
Full market price £174,000
Monthly rent £259
Monthly service charge TBC
Ownership Leasehold
Plot number 120
Tenure Shared ownership
Availability Available
Bathrooms 1
Minimum share 35%
Minimum share price £63,000
Full market price £180,000
Monthly rent £268
Monthly service charge TBC
Ownership Leasehold
Plot number 132
Tenure Shared ownership
Availability Available
Bathrooms 1
Minimum share 35%
Minimum share price £63,700
Full market price £182,000
Monthly rent £271
Monthly service charge TBC
Ownership Leasehold
Plot number 115
Tenure Shared ownership
Availability Available
Bathrooms 1
Minimum share 35%
Minimum share price £65,625
Full market price £187,500
Monthly rent £279
Monthly service charge TBC
Ownership Leasehold
Plot number 125
Tenure Shared ownership
Availability Available
Bathrooms 1
Minimum share 35%
Minimum share price £81,200
Full market price £232,000
Monthly rent £346
Monthly service charge TBC
Ownership Leasehold
Plot number 119
Tenure Shared ownership
Availability Available
Bathrooms 1
Minimum share 35%
Minimum share price £82,250
Full market price £235,000
Monthly rent £350
Monthly service charge TBC
Ownership Leasehold
Plot number 111
Tenure Shared ownership
Availability Available
Bathrooms 1
Minimum share 35%
Minimum share price £82,583
Full market price £235,950
Monthly rent £351
Monthly service charge TBC
Ownership Leasehold
Plot number 133
Tenure Shared ownership
Availability Available
Bathrooms 1
Minimum share 35%
Minimum share price £84,350
Full market price £241,000
Monthly rent £359
Monthly service charge TBC
Ownership Leasehold

FAQ's

Min share price from: £59,500 for a 35% share
Full price from: £170,000
Minimum deposit from: £2,975
Monthly rent from: £253
Bedrooms: 1
Bathrooms: 1

There are 9 available ranging from £59,500 for a 35% share to £84,350 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
£59,500
Full price
£170,000
Minimum deposit
£2,975
Monthly rent
£253