Featured Developers
The major providers of Shared Ownership, Help to Buy and other affordable ways to buy a home in Bicester and nationwide have their homes listed on Share to Buy.
Shared Ownership is an affordable home ownership scheme which makes it easier for eligible purchasers to get on the property ladder. Buyers get a mortgage for the share they can afford, and pay rent on the remaining share.
No – this is a common misconception but the ‘shared’ aspect of the scheme simply means you’re sharing ownership of your home with a housing association.
If you decide to buy a Shared Ownership home in Bicester, you’re effectively purchasing a portion of your property. Your initial share will usually be between 25% to 75%, paying a mortgage on the part that you own and a below market value rent on the remaining share.
Yes – Shared Owners can choose to buy additional shares in their property by ‘staircasing’.
When buying a Shared Ownership home, you will initially purchase a minimum percentage somewhere between 25% to 75%. Down the line, if you find that your financial circumstances have changed, buyers will have the option to buy more shares.
If you choose to buy a higher percentage, your mortgage repayments will increase while the rent you pay will decrease. In the majority of cases there aren’t any restrictions and you can buy 100% of your home – in this instance, you would become the outright owner.
As a home-buying product aimed at helping those who can’t afford to purchase a property on the open market, there are certain requirements that buyers will need to meet to be considered eligible for Shared Ownership.
For example, there are caps on household income which means that you must earn less than £80,000 to be eligible for the scheme – or less than £90,000 if you would like to buy a home in London. The criteria also states that buyers must be at least 18 years of age and do not own another property either in the UK or abroad.
Shared Ownership properties enable you to put down a smaller deposit compared to those required on the open market – buyers will usually need to put down 5% to 10% of the share that they’re buying, rather than the full market value of the home.
On a monthly basis, buyers will be required to pay their mortgage, a subsidised rent and service charge on their home, however, these repayments often work out cheaper than or equal to renting privately in the same area. Other costs to consider when buying a home include solicitor and mortgage broker fees – you can find out more about these costs on Share to Buy.
Share to Buy lists thousands of Shared Ownership homes all across Bicester and beyond – including new build properties and those available through resale.
Shared Ownership is available on a variety of homes including cosy studios, stylish apartments and traditional family homes. Check out our property search tool to start looking for your new home today!
The major providers of Shared Ownership, Help to Buy and other affordable ways to buy a home in Bicester and nationwide have their homes listed on Share to Buy.
Share to Buy is the leading online portal for Shared Ownership properties. Established in 2004 as the UK’s first specialist online mortgage broker for affordable home ownership products, the site has since developed into a one stop shop for first time buyers, offering the country’s largest listing of Shared Ownership homes from many of the UK’s biggest housing providers.
Share to Buy is the nation’s biggest and best established affordable home ownership property portal, making it the ideal website for first time buyers looking to take that first step onto the property ladder.
Using our property search tool, you can search for homes that suit your needs via filters such as location, number of bedrooms, monthly outgoings and deposit amount. You can also set up alert preferences so you’ll be notified when new properties that meet your search are announced by email.
Acting as a one stop shop for first time buyers, Share to Buy also offers handy FAQs and guides, interactive mortgage tools, mortgage broker and conveyancing panels, and live events to help potential purchasers on their home-buying journey.
If you are a housing association or developer selling properties through Shared Ownership, Help to Buy and other affordable home ownership schemes, we can list your new build and resale homes on the Share to Buy property portal.
As well as working alongside Registered Providers, we also partner with private sellers who are looking to sell their current Shared Ownership home.
Find out more about advertising your Shared Ownership property on Share to Buy.
If Bicester is where you would like to settle down for good, all you need to do is sign up to Share to Buy and register to receive alerts. Then you can leave it to us, as we’ll automatically notify you when new properties are added to your desired area.
For many, Bicester might just be the quintessential small British town; so much so that the area has become an incredibly popular tourist destination. Its much-loved shopping district, Bicester Village, is a particular hotspot where high-end brands meet a distinctively local take on style and sophistication, giving it a charm that many just can’t resist.
Bicester manages to balance its quaint charms with plenty to do, see and experience. Alongside being an excellent place to shop, it’s also where you’ll find the thrilling, action-packed London Rally School and Banzai Action Park. It seems that this small town has a taste for adrenaline too.
However, if you’d prefer something a little more laid back, there’s also stunning fishing lakes, parks, gardens, historical sites and more, meaning that whatever pace you prefer, Bicester has something to suit you. It’s also one of the country’s fastest-growing towns, with terrific transport links to London, Oxford and Birmingham, to name but a few.
One bedroom apartments available in Winchester now! Saving enough for a deposit on a home is arguably the biggest obstacle facing house hunters today, and it’s largely due to the rising costs of everyday essentials and high mortgage rates we’re all experiencing. A recent survey from Nationwide found that 88% of aspiring homeowners have had…
If you’re looking for a place with a rich history and a touch of the paranormal, England’s haunted locations may just have the perfect home for you. From ancient cities with ghostly tales to historic towns steeped in legend, find a spot to give you spooky season vibes, year round. York: A city steeped in…
The country’s no.1 first time buyer event welcomes thousands of attendees On Saturday 28th September 2024, almost 3,200 budding buyers attended Share to Buy’s London Home Show Autumn 2024 at the QEII Centre in Westminster, which marked the 20th live show of the capital’s leading exhibition for first time buyers. Now in its 11th year,…