40% shared ownership plus £395.3 monthly rental on the Fairacre Collection Development in West Witney.
Family home providing ample living accommodation, lawned rear garden and spacious bedrooms providing plenty of room for any growing family.
Located in the growing town of Witney this development is brilliantly positioned to access the local frequent public transport. The development is within 1.1 miles of the Town Centre and within 14 miles of Oxford city. With easy access to the A40 The Cotswolds are a short drive away, located only 16.3 miles away with Burford being the closest Cotswold village. The development is positioned to be within the catchment of a number of primary schools such as west Witney and Our Lady of Lords.
The Shared Ownership scheme is a Part Buy, Part Rent way of owning your own home for a smaller up front payment. With Shared Ownership, you buy a share of your home using a mortgage from a bank or building society and pay a subsidised rent on the share you did not purchase. The combined mortgage and rent is usually less than youâ€™d expect to pay if you bought a similar property outright.
At Fairacre Collection, you can buy a minimum 75% share of your home (the maximum you can buy initially is 75%). When youâ€™re ready, you can buy more shares until you staircase to owning 100% of your home.
Chancellors are selling the homes on Fairacre Collection development on behalf of Sage Housing. Sage Housing is a Registered Provider committed to providing high quality affordable homes across England.
Price is £287,500 and the share/rent is below:
40% share - £115,000. Rent - £395.3
50% share - £143,750 Rent - £329.4
75% share - £215,625. Rent - £164.7