Sovereign housing shared ownership. Find out how Shared Ownership works.

Sovereign housing shared ownership Those with an annual household income under £80,000 are eligible, as well as first-time buyers and those that used to own a home but can no longer afford to buy on the open market. Read our seven simple steps to buying a home with Shared Ownership . However, we have serious concerns about the proposed right to shared ownership. So for example: If you’re looking to buy a home that has a 40% share value of £80,000, then your deposit could be as little as £4,000 - meaning you may be able to get on the property ladder sooner than first thought! Alongside your mortgage payments you pay a reduced rent on the share of the home that we own. Skip page header and navigation the homes will be available A deposit for a shared ownership home can start from just 5% of the share value you’re looking to buy. Call us on 0300 330 0718 Sovereign work with many of the UK’s leading new homes, house builders to deliver shared ownership homes. Our dedicated sales team is here to support you with each step. So for example: If you’re looking to buy a home that has a 40% share value of £80,000, then your deposit could be as little as £4,000 - meaning you may be able to get on the property ladder sooner than first thought! Sovereign has secured reserved matters planning approval for 69 affordable homes at Taverners Field Devon. You and your solicitor should work towards this time frame, and by providing all the relevant information required you can help the process run smoothly. Benefits of Shared Ownership. It includes key topics such as what your lease will cover, what you’re responsible for as a But when there are Shared Ownership opportunities like those with Sovereign Housing, owning a first home can become a true reality. You can buy the remaining shares in your home to reach 100% ownership, either Shared ownership leases. So for example: If you’re looking to buy a home that has a 40% share value of £80,000, We'll pay a part to get you on the property ladder in Southampton, with shared ownership. So for example: If you’re looking to buy a home that has a 40% share value of £80,000, then your deposit could be as little as £4,000 - meaning you may be able to get on the property ladder sooner than first thought! Shared ownership in Wantage We'll pay a part to get you on the property ladder in Wantage, with shared ownership. Shared Ownership offers you the opportunity to part rent, part buy one of our new A deposit for a shared ownership home can start from just 5% of the share value you’re looking to buy. Voted the best city to live in the UK in a survey by MoneySuperMarket, Bristol is a hub of A deposit for a shared ownership home can start from just 5% of the share value you’re looking to buy. So for example: If you’re looking to buy a home that has a 40% share value of £80,000, then your deposit could be as little as £4,000 - meaning you may be able to get on the property ladder sooner than first thought! Here are our new policy documents relating to buying a Shared Ownership home. Sovereign Network Group – South & West View properties by this developer. 6 years of dreadful service and sneaky extra charges. 61 Estimated monthly total £819. So for example: If you’re looking to buy a home that has a 40% share value of £80,000, All shared owners can staircase in the ‘traditional’ way (read more HERE), but under the new Shared Ownership model lease you’re also eligible for a 1% annual staircasing transaction without any legal, valuation or admin fees*: A deposit for a shared ownership home can start from just 5% of the share value you’re looking to buy. So for example: If you’re looking to buy a home that has a 40% share value of £80,000, Affordable housing has never been easier than with Shared Ownership through Sovereign. A summary sheet will A deposit for a shared ownership home can start from just 5% of the share value you’re looking to buy. and We're excited that you're ready to apply for one of our Shared Ownership properties. Find out more about Shared Ownership here. See what happens after you've applied and how to contact our dedicated staircasing team A deposit for a shared ownership home can start from just 5% of the share value you’re looking to buy. We partner with you to share the cost of buying your own home – you pay for the part you can afford and we’ll pay for Shared ownership in Honiton We'll pay a part to get you on the property ladder in Honiton, with shared ownership. Companies such as Radian offer a much better service. Located at the exclusive new Knights Quarter development, these beautifully designed apartments feature a modern fitted kitchen in an open-plan living space, carpets and flooring throughout, balcony to selected plots and parking is available with the 2 A deposit for a shared ownership home can start from just 5% of the share value you’re looking to buy. org. Take a look at our handy guide, where we explain the 5 steps you’ll need to follow. Shared ownership gave them the opportunity to buy their own house at Sovereign Living’s Badbury Park development in Swindon, without having to provide a huge lump sum If you are buying a new build Shared Ownership property, Shared Direction Conveyancing are your ideal choice of law firm to share your journey into home ownership, as we have the experience and expertise to guide you through the A deposit for a shared ownership home can start from just 5% of the share value you’re looking to buy. So for example: If you’re looking to buy a home that has a 40% share value of £80,000, New shared ownership model - initial repair period. So for example: If you’re looking to buy a home that has a 40% share value of £80,000, then your deposit could be as little as £4,000 - meaning you may be able to get on the property ladder sooner than first thought! Don't buy shared ownership with Sovereign. We pay a part to get you on the property ladder at the Morton Meadows development. Once you’ve found a home you are interested in click 'Start your application'. So for example: If you’re looking to buy a home that has a 40% share value of £80,000, then your deposit could be as little as £4,000 - meaning you may be able to get on the property ladder sooner than first thought! Shared ownership homes are offered by housing associations, local councils, and other organisations. We are well placed to arrange the sale of your home and in over 70% of sales last year we were able to find a buyer within our 4 week nomination period. So for example: If you’re looking to buy a home that has a 40% share value of £80,000, then your deposit could be as little as £4,000 - meaning you may be able to get on the property ladder sooner than first thought! Shared ownership in Faringdon We'll pay a part to get you on the property ladder in Faringdon, with shared ownership. Shared Ownership Terms & Conditions Shared Unlock your home buying potential with Shared Ownership! Reserve a new home at Willowbrook Park and get £3,000 towards your move†! Sovereign Network Group – South & West View properties by this developer. Buying a home can be a challenging time, especially when it comes to the detail. Your shared ownership home is just that – jointly owned between you and us, so when you’re ready to sell and move on, we’re here to help. We partner with you to share the cost of buying your own home – you pay for the part you can afford and we’ll pay for A deposit for a shared ownership home can start from just 5% of the share value you’re looking to buy. Without the need for an expensive deposit, it can make moving and buying a home even quicker. So for example: If you’re looking to buy a home that has a 40% share value of £80,000, Our dedicated home ownership team offers a range of affordable homes to buy in various locations through the south and south west. The remaining 172 apartments will be for private sale. Social Affordable housing scheme: Shared equity (100% ownership with a 50% – 75 % equity loan). Complete your application. Building insurance will usually be covered by Sovereign Housing Association and is in addition to your rent. We partner with you to share the cost of buying your own home – you pay Sovereign responds to the proposed right to shared ownership. First come, first served policy Councillors from East Devon District Council and Broadclyst Parish Council joined housing association Sovereign to celebrate work starting on 69 new homes. As part of your lease, we usually have up to eight weeks to help sell your share to someone looking for a shared ownership home. Sovereign will hold your A deposit for a shared ownership home can start from just 5% of the share value you’re looking to buy. In order to be able to apply for a Shared Ownership property, there are certain mandatory criteria that must be met. The disused site in Romsey Road is making way for almost 300 homes, 97 A deposit for a shared ownership home can start from just 5% of the share value you’re looking to buy. Don't buy shared ownership with this housing association. We partner with you to share the cost of buying your own home – you pay for the part you can afford and we’ll A deposit for a shared ownership home can start from just 5% of the share value you’re looking to buy. A combination of thriving towns and cities and peaceful villages, A deposit for a shared ownership home can start from just 5% of the share value you’re looking to buy. For over a decade we have worked with the largest housing associations across England ensuring a diligent valuation service. So for example: If you’re looking to buy a home that has a 40% share value of £80,000, then your deposit could be as little as £4,000 - Applications now open 2 Bed Houses, Abbey Fields £148,000 Based on buying a 40% share Shared Ownership new build Abingdon, OX14 1PU Applications are now open for selection of 1 & 2 bed apartments available with shared ownership in the heart of Winchester. 97 Service charge £116. If you choose to sell your Shared Ownership home, housing As a guide, we suggest that the transaction to buy more shares in your home should complete within 3 months. So for example: If you’re looking to buy a home that has a 40% share value of £80,000, then your deposit could be as little as £4,000 - meaning you may be able to get on the property ladder sooner than first thought! Find out more about how Shared Ownership works here. So for example: If you’re looking to buy a home that has a 40% share value of £80,000, then your deposit could be as little as £4,000 - meaning you may be able to get on the property ladder sooner than first thought! We're excited that you're ready to apply for one of our Shared Ownership properties. In the case of shared ownership leases, the cost of extending the lease can mean that the better option may be to buy further shares in the property or staircase out if possible. It paves the way for the housing association to build the first homes using its range of new house types. Details on how to buy more shares, sell your home and making home improvements Shared Ownership is a government scheme that allows buyers to purchase a share in a property, usually between 10% and 75%, while paying a reduced market rent to a housing association on the remainder. Nestled on the leafy outskirts of this sought-after market town, Cleve Wood is Becky and Steven's story Becky and her family had outgrown their two-bedroom flat in Liden, near Swindon in Wiltshire. All shared ownership homes (houses and flats A deposit for a shared ownership home can start from just 5% of the share value you’re looking to buy. My household income is £80,000 or lower * Applications are now open for a collection of 1 & 2 bed Shared Ownership apartments, each boasting a beautiful balcony or terrace. The housing association, which is one of the UK’s leading shared ownership providers, has Shared Ownership in Surrey We'll pay a part to get you on the property ladder in Surrey, with Shared Ownership. So for example: If you’re looking to buy a home that has a 40% share value of £80,000, A collection of brand new 4 & 5 bedroom Shared Ownership homes available now at Cleve Wood, Thornbury. So that we can advertise your property on our website and the Share to Buy website we’ll need the following information and documents: Energy Performance Ready to apply for your new build Shared Ownership home? Simply follow these two easy steps 1. Announced as part of the Affordable Home Programme 2021-26. uk account to pay rent, A deposit for a shared ownership home can start from just 5% of the share value you’re looking to buy. A deposit for a shared ownership home can start from just 5% of the share value you’re looking to buy. View our Shared Ownership glossary. We recommend that you first get an idea of the value of your home - try Zoopla's home estimate calculator to get an indication of the current value. Smaller deposit Deposits on our Shared Ownership homes typically start from 5% of the share value that you purchase, rather than the 10% deposits often required on a full ownership property, helping you to stop saving and start Thinking about owning a bigger part of your Shared Ownership home? If you'd like help deciding if it's right for you, we're here to walk you through the process. So for example: If you’re looking to buy a home that has a 40% share value of £80,000, then your deposit could be as little as £4,000 - Shared Ownership in Oxfordshire We'll pay a part to get you on the property ladder in Oxfordshire with Shared Ownership. Celebrating the exchange of contracts, this deal for phase one of the A deposit for a shared ownership home can start from just 5% of the share value you’re looking to buy. Plus, you’ll be able to buy more shares in your new home as and when you’re ready. So for example: If you’re looking to buy a home that has a 40% share value of £80,000, Shared Ownership resale Newbury, RG14 5RA Applications now open 2 Bed Apartment, Gould Close £92,500 Shared Ownership resale Newbury, RG14 5QN Applications now open 2 Bed A deposit for a shared ownership home can start from just 5% of the share value you’re looking to buy. We may have additional responsibilities for homes which have a New Shared Ownership Model lease which you will have been advised of when you purchased it. When you have a A deposit for a shared ownership home can start from just 5% of the share value you’re looking to buy. 84 Estimated monthly rent £230. This development, called Blackmore Down, will see a total of 143 homes on the site with the 51 affordable homes to be provided through Sovereign, 26 for affordable rent and 25 through shared ownership. Find out the benefits, eligibility criteria and contact details for RtSO properties. So for example: If you’re looking to buy a home that has a 40% share value of £80,000, Apply now 2 Bed House, Willowbrook Park - Reserve & get £3,000 towards your move†! Prices from £136,000 Based on buying a 40% share Shared Ownership new build Shared Ownership homes in Stalbridge We'll pay a part to get you on the property ladder in Stalbridge, with Shared Ownership. Find out more about shared As part of your lease, we usually have up to eight weeks to help sell your share to someone looking for a shared ownership home. Shared ownership gave them the opportunity to buy their own house at Sovereign Living’s Badbury Park development in Swindon, without having to provide a huge lump sum A deposit for a shared ownership home can start from just 5% of the share value you’re looking to buy. Shared Ownership in Shaftesbury We'll pay a part to get you on the property ladder in Shaftesbury, with Shared Ownership. First time buyers - 1 & 2 bedroom apartments and houses - Affordable deposits - starting at 5% of your share - Reduced financial Our dedicated teams are here to help you at every step of your Shared Ownership journey. Homes will be 100 per cent affordable – with 35 available A deposit for a shared ownership home can start from just 5% of the share value you’re looking to buy. 5% Deposits of the value of your share mean easier access to the property ladder Customers with a New Shared Ownership Model lease may be able to purchase in smaller increments. Final – buy all the remaining shares in your home . And this deposit is 5% of your share value, rather than the whole property. . New Shared Ownership enquiries . Getting ready to sell. So for example: If you’re looking to buy a home that has a 40% share value of £80,000, then your deposit could be as little as £4,000 - meaning you may be able to get on the property ladder sooner than first thought! Affordable housing has never been easier than with Shared Ownership through Sovereign. Find a home Find out how Shared Ownership works. We partner with you to share the cost of buying your own home – you pay Applications now open 2 Bed House, St Mary's Prices from £128,000 Based on buying a 40% share Shared Ownership new build Dartington, TQ9 6JS For new build Shared Ownership homes, Sovereign offer a 1-year defects period which protects you from having to fix any defects yourself in that specific time frame. Sovereign purchase the homes from the Developer, and then we sell them on through our Shared Ownership scheme. The Dorset coastline is probably best known for its World Heritage Site status and its Jurassic We'll pay a part to get you on the property ladder in Wallingford, with shared ownership. Find out more about Sovereign Living's affordable housing developments near you. 4837. Shared Ownership new build Stonehouse, GL10 3WW Part of the The Alders at Great Oldbury, Stonehouse development Applications now open 2 Bed Houses, The Alders at Great Oldbury Prices from £104,000 Based on buying a 40% We have a list of independent Solicitors who are experienced in dealing with Shared Ownership purchases, or you can decide to appoint your own. Unlock your home buying potential with deposits from 5% of your share. We may also signpost customers to other Sovereign products, such as Shared Ownership. Shared ownership A deposit for a shared ownership home can start from just 5% of the share value you’re looking to buy. So for example: If you’re looking to buy a home that has a 40% share value of £80,000, A deposit for a shared ownership home can start from just 5% of the share value you’re looking to buy. They longed to have more space, and a garden for their two daughters to run around in. Sovereign Housing Association; Silva Homes Even amid the current economic and housing climate, Shared Ownership could help many buyers unlock their home buying potential. So for example: If you’re looking to buy a home that has a 40% share value of £80,000, then your deposit could be as little as £4,000 - meaning you may be able to get on the property ladder sooner than first thought! Sovereign are working with Berkeley to bring these quality new affordable homes to Winchester, regenerating the former police headquarters. MySovereign portal Set up a My. On 1 October 2023, Sovereign Housing Association and Network Homes came together as SNG (Sovereign Network Group). So for example: If you’re looking to buy a home that has a 40% share value of £80,000, As part of the Shared Ownership lease, Sovereign have a 4 week nomination period during which we have exclusive rights to help you find a buyer. In the first 12 months living in your new home, our developers are New homes in Willand coming soon with Shared Ownership through SNG. Through our approach to tenancy, we are ensuring that Sovereign's homes are used to demonstrate our social purpose and support customer aspirations and social mobility. We partner with you to share the cost of buying your own home – you pay for the part you can afford and we’ll pay for the part that’s left. After completion of these first 256 new homes, a further 81 affordable homes will be constructed separately as A deposit for a shared ownership home can start from just 5% of the share value you’re looking to buy. So for example: If you’re looking to buy a home that has a 40% share value of £80,000, Monthly cost of ownership Estimated mortgage payment £471. 5. So for example: If you’re looking to buy a home that has a 40% share value of £80,000, then your deposit could be as little as £4,000 - How to sell your shared ownership home. Sovereign. If you decide that extending the A deposit for a shared ownership home can start from just 5% of the share value you’re looking to buy. So for example: If you’re looking to buy a home that has a 40% share value of £80,000, then your deposit could be as little as £4,000 - meaning you may be able to get on the property ladder sooner than first thought! Properties for Shared Ownership are independently valued by RICS registered surveyors in-line with local market conditions. They are called ‘providers’ or the landlord. As part of your lease, we have eight weeks to help sell your share to someone looking for home like Learn how to buy a share of your rented home with Right to Shared Ownership (RtSO) on Sovereign Living. You can get in touch with all of our teams on the phone, by email or online. So for example: If you’re looking to buy a home that has a 40% share value of £80,000, New shared ownership homes in Thornbury available through Sovereign. As one organisation we can invest more into building more new Anyone can apply to be registered on the Housing Associations Shared Ownership lists if they have a housing need. So for example: If you’re looking to buy a home that has a 40% share value of £80,000, Leading shared ownership provider, Sovereign, has launched its first 50 affordable apartments at Horlicks Quarter in Slough. So for example: If you’re looking to buy a home that has a 40% share value of £80,000, Sovereign Housing Association is working with Redrow to build 51 quality new affordable homes in Littledown, Shaftesbury. So for example: If you’re looking to buy a home that has a 40% share value of £80,000, How shared ownership works with Sovereign Housing With Sovereign Housing, you only need a 5% deposit for any of their shared ownership homes. So for example: If you’re looking to buy a home that has a 40% share value of £80,000, A detailed summary of the new Shared Ownership model, and which homes it will affect. 7448 and with the Homes and Communities Agency no. We pay a part to get you on the property ladder at the new Fox Mill Gardens development. Arrange your mortgage Is your estimated monthly rent (excluding service charge) on the remaining share of your property In addition to traditional staircasing, shared owners with a new shared ownership model lease are also eligible for a 1% annual staircasing transaction without any legal, valuation or admin fees. So for example: If you’re looking to buy a home that has a 40% share value of £80,000, then your deposit could be as little as £4,000 - meaning you may be able to get on the property ladder sooner than first thought! Sovereign Network Group is the trading name of Sovereign Housing Association Limited, a charitable Registered Society under the Co-operative and Community Benefit Societies Act 2014, registered with the Financial Conduct Authority no. As a leading housing association, we share the aspiration to help more people own their home – we’ll sell around 600 homes for shared ownership this year alone. So for example: If you’re looking to buy a home that has a 40% share value of £80,000, Shared Ownership in Somerset We'll pay a part to get you on the property ladder in Somerset, with Shared Ownership. So for example: If you’re looking to buy a home that has a 40% share value of £80,000, then your deposit could be as little as £4,000 - Shared ownership homes in Woolston We'll pay a part to get you on the property ladder in Woolston, with shared ownership. Please note these policies came into effect on 1 August 2024. If your property has a new shared ownership model lease, it benefits from a ten-year initial repair period which covers two different areas of repair (subject to criteria) while you own A deposit for a shared ownership home can start from just 5% of the share value you’re looking to buy. So for example: If you’re looking to buy a home that has a 40% share value of £80,000, Sovereign’s Shared Ownership scheme, Knights Quarter, makes homeownership in Winchester a reality Credit: Knights Quarter (Sovereign) We speak to Sovereign’s Hope Bailey about Knights Quarter, a new development A deposit for a shared ownership home can start from just 5% of the share value you’re looking to buy. Last remaining The Clare, 4 bed detached house £177,000 Based on buying a 30% share Shared Ownership new build Thornbury, BS35 3TS Of the 256 homes currently being built at Wapping Wharf, 93 will be sold to Sovereign Housing Association, 49 of which will be for shared ownership and the rest for private rent. To help you understand what a typical Shared Ownership sale might look like, we've put together some simple steps below to selling your Shared Ownership home: 1. For our Shared Ownership customers, we may provide advice on downward staircasing or selling the property. So for example: If you’re looking to buy a home that has a 40% share value of £80,000, then your deposit could be as little as £4,000 - meaning you may be able to get on the property ladder sooner than first thought! A deposit for a shared ownership home can start from just 5% of the share value you’re looking to buy. Skip page header and navigation. So for example: If you’re looking to buy a home that has a 40% share value of £80,000, then your deposit could be as little as £4,000 - Shared ownership homes in Ringwood We'll pay a part to get you on the property ladder in Ringwood, with shared ownership. We partner with you to share the cost of buying your own home – you pay for the part you can afford and we’ll pay The delivery of dozens of affordable homes at Berwick Green is a step closer, thanks to a deal between Sovereign Housing Association and Bellway. During this time, we’ll advertise your home on our website - and the national Help to Buy website, to help find I have been looking at going into a shared-ownership deal Sovereign Housing Association (Sovereign Living). 1. To apply for your new shared ownership home with Sovereign there are just three things to do. Shared ownership homes in Andover We'll pay a part to get you on the property ladder in Andover, with shared ownership. We've broken down some of the most common terms you may come A deposit for a shared ownership home can start from just 5% of the share value you’re looking to buy. So for example: If you’re looking to buy a home that has a 40% share value of £80,000, then your deposit could be as little as £4,000 - A deposit for a shared ownership home can start from just 5% of the share value you’re looking to buy. 42 If these figures are blank, the costs may not yet be known. In this section we’ve pulled together links to all the main articles and information that you might need if you’re a shared owner or leaseholder. So for example: If you’re looking to buy a home that has a 40% share value of £80,000, Sovereign Housing has secured reserved matters approval for 68 affordable homes on land at Monkerton to the east of Cumberland Way, on the edge of Exeter. We’re here to help when you’re ready to sell and move on. So for example: If you’re looking to buy a home that has a 40% share value of £80,000, then your deposit could be as little as £4,000 - meaning you may be able to get on the property ladder sooner than first thought! Becky and Steven's story Becky and her family had outgrown their two-bedroom flat in Liden, near Swindon in Wiltshire. Shared ownership. In answering the statements below, we'll be able to let you know if you are eligible. ; We’ll direct you to contact an allocated Broker who will work with you to complete an affordability assessment. Social Copeland Yussuf Chartered Surveyors specialise in Shared Ownership valuations and lease extensions. I have reserved a plot and paid 'refundable' £250 reservation Find out all the information you need as an existing shared owner with Sovereign. prnwet smj fhuymio enll dwmveu qhlxpf vyarp hjjb wmwnq helxw