1/4
£168,000
Shared Ownership new homes now available at Castlefield Park, Harlington.
You can apply to buy the home if all of the following apply:
- your household income is £80,000 or less
- you cannot afford all of the deposit and mortgage payments to buy a home that meets your needs
One of the following must also be true:
- you're a first-time buyer
- you used to own a home but cannot afford to buy one now
- you're forming a new household - for example, after a relationship breakdown
- you're an existing shared owner, and you want to move
- you own a home and want to move but cannot afford to buy a new home for your needs
If you own a home, you must have completed the sale of the home on or before the date you complete your shared ownership purchase.
As part of your application, your finances and credit history will be assessed to ensure that you can afford and sustain the rental and mortgage payments.
Welcome to Castlefield Park, Harlington where we are delighted to offer four shared ownership new homes with share purchase available from 10% to 75%.
This last phase of properties are due to be build complete May 2026.
These two bedroom houses comprise of open plan living/dining/kitchen area, hallway and downstairs wc, family bathroom and two bedrooms.
Built by Crest Nicholson and perfectly situated in a desirable village location, these energy-efficient homes benefit from excellent local amenities and great transport links.
Computer Generated Images are for information only and the specification is subject to change. Any dimensions should not be considered 100% accurate. Site plan is for plot location purposes only.
New property - no council tax band available yet.
Eligibility rules apply: You cannot own another property, single or combined income cannot be more than £80K per annum.
Shared Ownership
Shared Ownership is a great way for you to get a foot on the property ladder if you can't afford to buy a home outright on the open market. It can ease the pressure of needing to save for a large deposit, or having to make high mortgage repayments.
Essentially, it means you'll be buying a share of your home - usually up to 75% - and paying an affordable rent on the remainder. When you're in a position to do so, it's also possible to buy further shares in your home. This is known as Staircasing.
Shares are available from 40% to 75%. Please see example prices and rents listed below for a 2 bedroom end terrace house. Lower share possible to support affordability.
40% Share - Purchase Price £168,000 - Rent Charges of £577.50
75% Share - Purchase Price £315,000 - Rent Charges of £240.63
Full Property Value - £420,000
Service Charges
A monthly service charge will also apply of £36.80 as well as monthly buildings insurance of £14.77 for 2-bedroom house.
You can add locations as 'My Places' and save them to your account. These are locations you wish to commute to and from, and you can specify the maximum time of the commute and by which transport method.
