Features
- Good range of education nearby for all ages
- Each home offers traditional character and charm
- Nearby rail links to London
- Easy access to the A303
- Flourishing community
Description
5% deposit from £6,300!
With the final new build homes remaining at this rural development, this location is ideal for commuters, families and downsizers looking to settle down in this vibrant Dorset town.
Living here you'll benefit from the best of both worlds - enjoy a local lively culture and picturesque landscape whilst having easy access to neighbouring towns including Yeovil, Shaftesbury and Sturminster Newton.
Choose between a variety of places to visit, including pubs, a library, village hall, the historic St Mary's Parish Church and a host of sports, social and leisure activities. Enjoy leisurely strolls exploring the surrounding landscape, located within the Blackmore Vale close to the border with Somerset.
Local connection requirement to the Dorset Council area.
Plans
Location
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Comments
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A local connection to the Dorset Council area is required. Priority will be given to those in the North Dorset district
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Images & videos show a variation of the shared ownership specification, plots may vary
FAQs
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. It’s an opportunity to buy the home that’s right for you without needing the large deposit or the mortgage that goes with it.
- As long as you are over 18
- Your household income is less than £80,000
- And you don’t already own a home at the time of buying your shared ownership property
… then shared ownership could be right for you
Some properties may be bound by local connection restrictions in order to make them affordable for local customers. We'll let you know if there are any restrictions in place when you are searching for a property.
You buy a share in your home that’s right for you. That could be from 25% up to 75% initially. You’ll pay a reduced rent to us on the share we own and a monthly service charge.
As your finances allow, you can buy further shares in your home as and when you choose, meaning you’ll own more and pay less rent.
Typically, you’ll only need a deposit that is 5% of the value of your share, rather than of the total property value, meaning you could get moving sooner than you thought.
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!
You can speak to our panel of financial advisors for more information around affordability.