1Eligibility
The first step in buying a home with Shared Ownership in Wiltshire is to assess your eligibility. If you meet the criteria, you’re ready to start home hunting!
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Register your interest for Wiltshire
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Shared Ownership in Wiltshire
Explore modern, stylish Shared Ownership properties in Wiltshire, nestled within the surrounding areas of natural beauty.
Local Shared Ownership properties in Wiltshire
Wiltshire is a heavily rural county in the south west of England, home to around 750,000 people and an ideal location for peace and quiet. The county offers a number of appealing towns such as Chippenham and Marlborough, as well as the city of Salisbury.
Renowned for its ancient history, Wiltshire has towns that date back to pre-Roman times. You’ll also find monuments such as Stonehenge and Avebury in this part of the country, perfect for days out with the family.
There are also a number of popular Shared Ownership developments in Wiltshire, helping first-time buyers and growing families to get on the property ladder in a stunningly beautiful corner of the UK.
Embrace Shared Ownership with L&G at Showell Nursery
L&G at Showell Nursery is one of our newest Shared Ownership developments in Wiltshire, offering 2- and 3-bedroom homes filled with modern amenities and conveniences to make your new lifestyle as comfortable as possible.
Based just on the outskirts of Chippenham, L&G at Showell Nursery is a stylish, secure neighbourhood with excellent transport links to the rest of Wiltshire and beyond. You’ll find open green spaces and play parks right on your doorstep, and a solid sense of community that will ease your transition into your new life.
All homes are also built with sustainable living in mind, including air source heat pumps and EV charging to keep your bills low and allow you to focus on what matters most.
Why Wiltshire?
- Our L&G at Showell Nursery Shared Ownership houses in Wiltshire are located a 10-minute drive from the centre of Chippenham; the quaint market town where you’ll find restaurants, shops, and plenty to see and do.
- A number of schools are right on your doorstep, suitable for all ages, and renowned for their positive Ofsted reviews. These include Abbeyfield School, Sheldon School, and Wiltshire College in Chippenham, and the Lacock Church of England Primary in the nearby village of Lacock.
- Lacock, which is just a 5-minute drive from your new Shared Ownership home, is an idyllic village that has been used for many film and TV projects, including Pride and Prejudice, Harry Potter, and Downton Abbey – giving you an idea of just how picturesque this part of the world really is!
- You have a wide range of shopping facilities right on your doorstep, including two shopping centres and food stores such as Tesco and Waitrose to make the weekly shop a breeze.
How does Shared Ownership in Wiltshire work?
The Shared Ownership scheme is simple: you buy an initial share (typically between 25% and 75%) of the property’s full value and pay a subsidised rent on the remainder.
You may purchase further shares (up to 100%) as your circumstances change, should you choose to. This is a process known as ‘staircasing’.
How big a share can I buy?
Shared Ownership allows you to buy a portion of a property, generally between 25% and 75%, although sometimes as little as 10% of the full market value. This is quite a big range, so you’ll need to think about what percentage is affordable to you and what deposit you have available, or you’ll realistically be able to save.
We encourage our customers to buy the biggest share that they can afford, but generally we recommend between 25% and 45% of a person’s monthly household income should be go towards the cost of housing. We recommend talking to your mortgage broker to understand more about your affordability.
Is Shared Ownership cheaper than renting in Wiltshire?
Shared Ownership houses in Wiltshire can be cheaper than renting privately, as the mortgage cost and low rent sometimes add up to less than the equivalent rental payments to a landlord. The specific costs of your new home will be outlined prior to purchasing your share, so you’ll be aware of what’s being charged before signing.
Can I decorate my Shared Ownership home in Wiltshire?
Absolutely! Contrary to some myths you may have heard, all of our homes – including our Wiltshire Shared Ownership properties – are yours to decorate. You’ll only need permission from L&G Affordable Homes to carry out larger works, to ensure they don’t impact the structure of the building.
How do I view a Shared Ownership home in Wiltshire?
Once a scheme is live, we welcome visitors to our showhome suites. However, we are unable to facilitate viewings on some developments, depending on the days available or the roll-out of a specific scheme.
In those circumstances, our sales team can provide you with help and information to enable you to make a buying decision. This can include providing photography, CGI renders or virtual tours, or talking you through the floor plans thoroughly.
Where we are able to invite you into one of our homes for sale we want to ensure your safety. As such, visits will be by appointment only. Virtual viewings are also available – please contact our sales team to book your tour when you’re ready to move forward.
How to buy a Shared Ownership home in Wiltshire: a step-by-step guide
2Find a home
Browse through our available Wiltshire Shared Ownership properties. Once you’ve found a home you’re interested in, you’ll need to arrange a viewing.
3Arrange a viewing
To find the ideal home that suits you, it’s best to see the property yourself. Book an appointment with us here to arrange online or in-person viewings.
4Affordability
Speak to a mortgage broker to understand your affordability and see how much of the home you can buy.
5Application
To secure the Wiltshire Shared Ownership property you’ve fallen in love with, complete the application paperwork and pay the reservation fee.
6Legal paperwork
With the reservation complete, you’ll need to instruct a solicitor and begin your legal paperwork to purchase the property. We make the process as smooth and seamless as possible, including breaking down technical terms with our jargon buster.
7Secure mortgage
Alongside the legal paperwork, you need to find a Shared Ownership mortgage that suits you and complete your mortgage application. You can either do this yourself or use a mortgage broker. Your lender will carry out affordability checks to ensure that you can afford the mortgage repayments. See our affordability calculator to understand what you can afford.
8Sign contract
With the mortgage in place, get ready to sign on the dotted line and pay your deposit. This is an exciting part of the process where you’re really close to your dream of homeownership.
9Exchange
It’s time to exchange contracts, which are legally binding agreements between you and us for the purchase of your property. You will also find out more about your completion and move-in date during this stage of the process.
10Move in
Congratulations! You can now move into your new Shared Ownership home in Wiltshire and make it your own.
You’ll still need to pay rent on the remaining share of the property you don’t own. The rent is usually set at 2.75% of the share that you don’t own. You can also choose to increase your ownership share over time via staircasing.
Get in touch
We look forward to hearing from you. Please contact our dedicated Sales Team who will be delighted to help you find your new home.