Blenheim Estate offers shared ownership scheme in Woodstock

Summarised from 2 outlets · Updated 17 Oct, 06:08 · Archive

Blenheim Estate Homes is launching a shared ownership scheme at its Park View development in Woodstock.

Blenheim Estate Homes is offering a shared ownership scheme at its Park View development in Woodstock. Buyers can purchase a share of a home starting from 40 per cent of its market value, with the option to increase their share over time. The deposit is calculated on the price of a buyer's share rather than the full value of the home, keeping initial costs low.

Three property types are available through the scheme: a one-bedroom apartment with allocated parking, a two-bedroom apartment with a study and allocated parking, and a two-bedroom flat with a study and a garage. A special moving package worth up to £6,500 is being offered to those who reserve and move in before Christmas. The package includes carpet in a buyer's chosen colour, one year's service charge, a £500 John Lewis voucher and a Christmas tree from the nearby Blenheim Estate.

Becky Wakefield, affordable housing manager at Blenheim Estate Homes, said the scheme helps buyers 'get onto the property ladder or make your budget go further', with combined rent and mortgage payments typically lower than buying a similar property outright or renting privately.

Blenheim Estate offers shared ownership scheme in Woodstock — Image: Oxford Mail

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How it is being reported

Blenheim Estate scheme helps buyers take first step onto ladderBlenheim Estate Homes is offering the scheme at its Park View development in Woodstock, where three house types are available.Oxford Mail · 16 Oct, 05:00
Blenheim Estate scheme helps buyers take first step onto ladderBlenheim Estate Homes is offering the scheme at its Park View development in Woodstock, where three house types are available.Oxfordshire Guardian · 16 Oct, 05:00

In this story: Blenheim Estate Homes · Park View · Woodstock · Becky Wakefield

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