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Customers must have a local connection to West Berkshire Council
Newbury Racecourse
3 bedroom houses in Newbury
Prices coming soon
Newbury, RG14
Features
- Allocated parking
- Private garden
- Downstairs cloakroom
- Great location with easy access to town centre and train links
- Modern fitted kitchen with built in oven, hob and extractor
- Stylish bathroom suite
Description
<p>Sovereign Living are pleased to advertise that a new phase of 3 bedroom homes are coming to Newbury Racecourse in Spring 2021.</p> <p>These homes will all benefit from a modern fitted kitchen, stylish bathroom suite, private rear garden laid to lawn and allocated parking.</p> <p>Living at Newbury Racecourse means you will be well located for travel links to Reading, Swindon, Oxford, Basingstoke and London. Newbury is situated a few miles below Junction 13 of the M4 and close to the A34. Newbury is a fantastic place to live with a large amount of open green space, local amenities in the town, a main-line train station, picturesque walks along the canal, and an abundance of local markets and independant shops.</p>
Location
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Comments
FAQs
- 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.
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.
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.