Shared Ownership Oxfordshire

The benefits of Shared Ownership in Oxfordshire

Shared Ownership is a wonderful option to get onto the property ladder and become a homeowner in a quick, affordable way. Whether you’re a first-time buyer or cannot afford to buy a home through standard purchase, Shared Ownership brings you a range of benefits:

• Flexibility is one of the main criteria making Shared Ownership an attractive option for many homebuyers. While it’s usual to buy a starting share of between 25%-75% of your property, you can increase your ownership share over time.
• The deposit and mortgage borrowing needed to buy a share of the property is considerably lower, making the purchase more accessible to home seekers with lower income.
• Alongside the mortgage payments, you pay a subsidised rent on the part of the property you don’t own. However, even when combined, the monthly payments will often be lower than renting privately or repaying a standard mortgage.
• If the value of your home increases over time, then that’s matched by the shares you own.

Living in Oxfordshire

With a Shared Ownership property in the Oxfordshire area, you can enjoy all of the benefits of:

• Safe and welcoming Communities
• Great cultural opportunities to explore
• Excellent transport links to major UK cities including London and Birmingham
• Beautiful green areas
• Range of retail facilities

Things to do

Oxfordshire is a thriving area famous for its vibrant urban areas and natural beauty, named one of the most desirable places to live in the UK.

With a large number of gardens and national parks, it provides endless opportunities to enjoy outdoor activities, such as hiking or cycling, making it an ideal destination for nature enthusiasts. Some of the most popular national parks include the Cotswolds and Chiltern Hills, both providing a perfect way to escape the city and enjoy the breathtaking views of hilly landscapes.

Alongside the nature reserves, Oxfordshire is known for its blend of rural, charming villages and bustling cities, offering a diverse choice to suit all the residents’ preferences. With the region’s advanced transport infrastructure, it’s easy to explore both worlds without having to take a long journey.

The county is dotted with vibrant cities including Oxford, Banbury, Witney and Abingdon, each offering a mix of historical atmosphere and modern lifestyle. The local urban areas are a synonym for art, culture and entertainment, providing a unique experience to its residents as well as visitors.

Schools and education

Oxfordshire is home to high-quality education, from excellent primary and secondary schools to outstanding higher education facilities.

Thanks to the prestigious University of Oxford and Oxford Brookes University, the area attracts students and academics from all corners of the world, making Oxfordshire a diverse environment with a large cultural significance.

Amenities and shopping

Access to shopping facilities is crucial for residents’ wellbeing and convenience, providing everyday necessities while enhancing their social lives.

Oxfordshire is the heart of various shopping destinations, offering an array of choices from luxury brands and high street retailers to local markets and independent stores. With its countless cafés, restaurants and cinemas, it is a fantastic place to enjoy some leisure time in the city.

Why choose Shared Ownership new builds in Oxfordshire?

Our homes in Oxfordshire are provided with brand-new interiors and private gardens, built to suit the needs of modern living. They are equipped with integrated appliances and energy-efficient electrical and heating systems to promote a greener and more sustainable lifestyle.

By offering the Shared Ownership scheme, we give you an opportunity to get the house of your dreams and become a part of a vibrant, fast-growing Community.

Buying Shared Ownership properties in Oxfordshire

If you think that Meadow Brook might be the right place for you to set up your dream home, it’s not too late. While the demand for Shared Ownership in the area continues to grow, there are still many properties available to buy.

Before proceeding with your application, follow the checklist below to consider all aspects of the scheme:

• Check if you’re eligible for Shared Ownership
• Make sure you have the money to cover the costs of a deposit
• Review your financial situation to make sure you can afford the monthly mortgage repayments as well as the rent

Don’t hesitate to seek advice if you’re not sure about any of the points above. Our team at Places for People will walk you through the entire process and address any questions or concerns you might have.