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Customers must have a local connection to West Oxfordshire District Council
Features
- Modern fitted kitchen with built-in oven, hob & extractor
- Stylish bathroom suite
- Downstairs cloakroom
- Private enclosed garden laid to lawn
- Two allocated parking spaces
- Ideal location for families and commuters
- Excellent connectivity and nearby local amenities
- Ideal for those who would like a taste of rural living
Description
<p>Anticipated for completion in early 2021, Sovereign are excited to announce a new phase of homes at Oakland Grange, an exciting development located in Freeland, Oxfordshire.<br> Available for shared ownership is a selection of 2 and 3 bedroom houses, each with a modern fitted kitchen featuring a built-in oven, hob and extractor and a stylish bathroom suite. Enjoy maximised living spaces, from the conveniences of a downstairs cloakroom to the privacy of an enclosed garden featuring laid lawn and access to two allocated parking spaces. <br> Oakland Grange is the ideal location for families and commuters who would like a taste of rural life with all the benefits of excellent road links and local amenities in nearby towns and villages.<br> Please note, CGIs depict specific plots, other plots may vary.</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.