£104,000
New two-bedroom homes for shared ownership at Overstone Leys, Northampton
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 Overstone Leys … we're excited to announce the further release of shared ownership properties on this popular development in Northamptonshire
Properties are estimated to be build complete December 2026 and delivered to the marketplace by Taylor Wimpey.
The Oak in brief comprises; entrance hall giving access to a cloakroom and store cupboard leading into open plan kitchen/living/dining room (with door to the rear garden). Upstairs you will find two bedrooms and a family bathroom. The home further benefits from parking for two vehicles.
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.
Local connection to Overstone or the Northamptonshire area is required
- Long Buckby Rail Station (10.3km)
- Northampton Rail Station (11.4km)
- Market Harborough Rail Station (16.2km)
- Kettering Rail Station (16.2km)
- Wellingborough Rail Station (19.0km)