1/2
£139,000
New three-bedroom homes for shared ownership on Norwood Quarter, Harpole
You can apply to buy the home if all of the following apply:
- your household income is £90,000 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 Norwood Quarter … we're excited to have new homes available for shared ownership on this popular development in Harpole, Northamptonshire, anticipated build complete Summer 2026
Our 3 bedroom new homes have an approximate floor space of 93m2. This home provides a ground floor cloakroom, a separate lounge and truly spacious kitchen diner with French doors leading out to private garden. Stairs leading to two double bedrooms plus a single bedroom, and family bathroom with shower over bath. There is a private garden and parking space for two cars.
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.
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.
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 10% to 75%.
- Please see example prices and rents listed below for a 3 bedroom mid terrace house.
40% Share - Purchase Price £139,000 - Rent Charges of £477.81
75% Share - Purchase Price £260,625 - Rent Charges of £199.09
Service Charges
A monthly service charge of £35 will apply as well as monthly buildings insurance of £14.77 for 3-bedroom house.
