It’s an incredibly tricky climb up the proverbial property ladder these days. Whether you’re just leaving the nest or well into the game and desperately seeking a way out of the rental market, the financial burden of owning your own home is near enough terrifying. However, there is light at the end of the rental tunnel, in the form of a new shared-ownership home from ‘Sovereign Living’. Here to help everyone who wishes to take their first steps in owning their own home. We spoke to their incredibly friendly team about their latest developments and how they can help locals, seeking a connection to East Dorset.
Who is Sovereign Living?
Sovereign Living has an established reputation as one of the South’s leading shared ownership and market rent providers, and has already helped to find new homes for over 4,000 people. Driven by compassion, they strive to help people achieve the goal of owning their own home, and provide specialist support for first-time buyers, growing families, downsizers, and those facing changes to their family circumstances.
As a non-profit organisation, regulated by the Homes and Communities Agency, they offer a range of ‘Help to Buy’ services. With 20 years experience in developing home ownership solutions, Sovereign Living is dedicated to providing, quality, affordable housing in neighbourhoods where people want to live.
Sovereign Living is a trading name of Sovereign Housing Association Ltd – one of the top 10 largest social housing associations in the country and a main provider of affordable housing across the South and South West of England.
What is Shared Ownership?
The process is simple really. It starts with buying an initial share in your home, and paying a rent on the rest. Then, as your finances allow, you can purchase further shares in your home as and when you choose, until you own it outright. It’s a phenomenal process that is allowing those who might previously not have been able, to take steps into owning a home of their own.
Sovereign Living are delightful to introduce ‘Holmwood Park’; a superb new development close to Ferndown town centre in beautiful East Dorset, on the edge of the picturesque New Forest. Thanks to the opportunities provided by shared ownership, these quality properties are truly affordable – a simple and manageable way to own your own home.
They say location is key, and never was that more true than with this new development. Situated between the up and coming town of Ferndown, the area is alive with a friendly energy from the growing community. Should you seek solace from the liveliness, you can escape to one of the UK’s most coveted natural beauties, the New Forest – just a short ride away from this development, offering romantic views, roaming wildlife and breathtaking scenic walks.
These homes – available in two and three bedrooms – offer an all-new blank canvas, with modern features and amenities and a invaluable 12-year NHBC warranty, so no nasty bills for surprise repairs. With access to your own private garden, two parking spaces and shed, you won’t be short of storage, space or the opportunity to relax in your own little piece of real estate heaven.
Situated between the buzzing communities of Ferndown and Ringwood, this exciting new development offers a beautiful selection of homes, in an all-encompassing neighbourhood. With access to beautiful walks, parks and fantastic local schools, as well as trendy bars, eateries and adventure in all directions, these homes are perfectly placed whether you are a first time buyer, have a growing family or are looking for a little more space to relax. The complex offers two and three bedroom homes, with gardens and parking, creatively set around open spaces and mature trees – there’s even a cricket pitch used by the local team.
This is more than just your new home. Over the next fifty years there’s a plan to encourage all sorts of wildlife and rare plants back to Victory Oak, where they used to flourish before the land was built on and then abandoned. Endangered wildlife, flora and fauna will soon be back. A poetic metaphor, as you too blossom into your new environment and lay down some solid roots of your own.
Prices starting from:
£114,000 for 40% + monthly rent & service charge of £399.78 – 2 Bed
£134,000 for 40% + monthly rent & service charge of £468.64 – 3 Bed
For more information contact Sovereign Living on:
t. 0300 330 0718
a. Sovereign Living, Spectrum House, Grange Road, Christchurch, Dorset, BH23 4GE