A local connection to West Berkshire is required (Must live, work or have strong family connection)
- Modern fitted kitchen with built in oven, hob and extractor
- Open-plan living/dining area
- Stylish bathroom suite
- Two allocated parking spaces
- Private enclosed garden laid to lawn
- Ideal location for semi-rural living
- Excellent transport links
<p>Anticipated for completion this Summer, Sovereign are excited to announce a selection of 3 bedroom homes coming soon to Stoneham Park, an exciting new development located in Tilehurst, Berkshire.</p> <p>These brand new homes will each come complete with a modern fitted kitchen with built in oven, hob and extractor and stylish open plan living / dining area. Also benefitting from a stylish bathroom suite, private garden laid to lawn and 2 allocated parking spaces.</p> <p>Stoneham Park is ideal for families and commuters who would like a taste of rural life. Tilehurst offers the benefits of excellent road links and local amenities in the nearby Reading town centre, offering a stunning countryside outlook.</p> <p>Please note, CGIs depict specific plots, other plots may vary.</p>
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- 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.
Find out more
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.