Shared ownership

Read Ryan and Charlotte's story here

Shared ownership is a part buy/part rent scheme that is partly funded by the government and aims to help first-time buyers.

It is designed as a stepping stone to completely owning your own home, allowing you to buy what you want when you can afford it.

Buying through shared ownership makes you an owner occupier, not a part tenant. You start off buying a share in your new home on a 999-year lease.

We aim to sell to first time buyers who are able to afford the cost of shared ownership but are unable to buy a suitable home in any other way. We will offer properties to people who live in the immediate area, or with a local connection.

Reasons for buying through shared ownership:

Affordability: Shared ownership is a great way to get on the property ladder, as it requires a smaller initial deposit compared to buying a home outright.

Stability: Shared ownership provides a stable living arrangement. Owning a share of a property gives you more security and control over your living situation.

Investment: Owning a property, even a share, can be a good investment. Over time, property values tend to increase, which means your share of the property could be worth more in the future.

Download our shared ownership application form

Shared ownership homes for sale

Three three-bedroomed home available on Sutton Benger estate

An artist’s impression of the three-bedroomed homes at Garden Close, Sutton Benger

We have three brand new three-bedroomed shared ownership homes for sale on a beautiful executive estate in a stunning rural location near Chippenham.

Garden Close at Sutton Benger is a modern, sympathetically designed estate of 20 homes designed and built by Hills Homes.

The three energy efficient homes are available in early August, for just £112,500 for a 30 per cent share. Buyers can by a larger share, up to the value of 75 per cent. The homes are valued at £375,000.

The buyers will be liable for rent on the remaining share of their home, plus a monthly service charge, to be advised. See the table below for more details of shares and prices. It will be possible for the buyer to raise their share to 100 per cent in the future.

Work is progressing well and the homes will be available by early August

Each house has underfloor heating with an air source heat pump, a large kitchen diner with stylish units, an electric oven, hob and cooker hood and a lounge with patio door to the garden. The garden is turfed and has a shed.

Upstairs there is a smart modern bathroom with bath and shower over. Flooring throughout the house is included. Each home also has two parking spaces.

The estate, which is on the edge of the village, has been designed to incorporate green space and has an attenuation pond as part of a sustainable drainage system. The three homes available are tucked away in a quiet corner of the development.

“This will be a sought after executive estate because it is in such a convenient location and has lovely houses,” said White Horse Operations Director Belinda Eastland. “It’s a rare opportunity to put down roots here for such a relatively small outlay, with the chance to increase ownership in the future.

“If anyone is interested in chatting through their options, particularly if they have a local connection, they are very welcome to give us a call.”

For more information call 01380 850916 or email: info@whitehorsehousing.co.uk.

The layout of the Garden Close development, with the available homes in the south east corner

How the share of the property you buy will affect the rent you pay

"It was really important for me to stay close to my family and friends but with property being so expensive it wasn’t possible until my mum heard about this place."