Fiddington Fields, Tewkesbury

2 & 3 bedroom homes near the medieval Gloucestershire town of Tewkesbury

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Shared Ownership Homes for Sale in Gloucestershire

Gloucestershire is a great area to settle down and call home. Our Shared Ownership homes in Gloucestershire offer the perfect solution for buyers looking to get their foot on the property ladder in this fantastic area. Wherever you are looking for property for sale in Gloucestershire, you will be sure to find some fascinating attractions and landscapes to explore (if you fancy yourself an explorer). 

Take one step closer to living in a stunning Shared Ownership home in Gloucestershire through the amazing sales team at Aster Group. Through shared ownership, deposits can be from as little as 5%! So, if the 40% share costs £100,000 then your deposit could be as little as £5,000. It is that simple (and no you don't have to share with anyone else, except maybe your partner, children, or the cat).

Under this scheme, you purchase a share of the property (typically between 25% and 75%) and pay a reduced rent on the remaining share, depending on your lease.

Over time if you wish, you can buy more shares in your home, a process known as “staircasing”, until, if your lease permits and you wish to, you own 100% of it. This approach makes homeownership more accessible for many and serves as a stepping stone towards full homeownership.

This means you only pay the percentage of a property you own with a deposit as low as 5% of the total share amount, you then pay rent on your band new home to us at Aster.

Aster is a leading housing association in the south of England specialising in affordable homes built for shared ownership. We are committed to listening to and working with customers.

Where is Gloucestershire

Gloucestershire is a county located in South West England – bordering Herefordshire, Wiltshire, Bristol and Somerset, Worcestershire, Oxfordshire, Warwickshire and Wales.

In Gloucestershire County, you will find well-known towns and cities such as Gloucester – the county town, and other principal towns such as Cheltenham, Dursley, and Tewkesbury

Tewkesbury is situated on the riverside, with a rich vibrant history, the Tewkesbury Abbey Medieval streets, and a traditional high street full of independent shops, it has plenty for everyone to discover. 

Fiddington Fields is a fantastic development of new shared ownership homes on the outskirts of Tewkesbury, Gloucestershire. We have a range of 2 and 3-bedroom homes coming soon for sale - register your details with us for information!

Gloucestershire forms part of the Cotswolds – an Area of Outstanding Natural Beauty (and, trust us on this – it really is beautiful).

Gloucester city has excellent transport links to the rest of the country, including to London, Bristol, Wales, and surrounding areas. You will only be an hour away from Bristol Airport should you want to explore a little further afield. Perfect for commuters of all kinds.

In addition, other towns such as Cheltenham also offer direct trains to the capital, as well as to various other popular commuter towns.

What to do in Gloucestershire

Gloucestershire has a lot of history, which means there is plenty to do. For the historians among us, Gloucester Cathedral boasts a rich history including the fact it hosted the coronation of King Henry III (impressive, we know). In addition to this, Gloucester has Roman connections, with various Roman ruins being found and displayed in the city. 

In addition to a varied and intriguing history, Gloucestershire boasts some amazing restaurants, eateries, and bars – from traditional pubs to modern restaurants. Famous for its various cheeses, you won’t struggle to find good food in Gloucestershire.

For those who enjoy the outdoors, Gloucestershire is home to the River Severn and the Forest of Dean – plenty to explore for the whole family. What are you waiting for? Go take a look at our full range of Shared Ownership new builds in Gloucestershire.

If you need some more information please don’t hesitate to read through our FAQs, deep dives into Shared ownership and other shared ownership journeys.

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  • What is shared ownership?

    Shared ownership is a government-backed scheme designed to help individuals who may not afford to buy a home outright on the open market. Under this scheme, you purchase a share of a property (typically between 25% and 75%) and pay a reduced rent on the remaining share. Over time, if you wish, you can buy more shares in your home, a process known as "staircasing", until you own 100% of it. This approach makes homeownership more accessible for many and serves as a stepping stone towards full homeownership.

  • How does Aster support the purchase process?

    At Aster, we're committed to making your shared ownership journey smooth and stress-free. From the moment you express interest in a shared ownership property:

    • Consultation: Our dedicated Sales Negotiators will discuss your needs and guide you through the available properties that match your criteria.
    • Financial Guidance: To ensure clarity on costs and other financial matters, we direct you to our trusted partner, TMP, who are specialists in shared ownership mortgages.
    • Viewings: For new builds, viewings are conducted once the home has been reserved or after it's been handed over. For re-sales, the vendor themselves will manage and conduct the viewings, ensuring a personalised experience.
    • Paperwork & Legalities: We offer assistance with the paperwork, guiding you through the application process, and liaising with solicitors to ensure the legal side is handled efficiently.
    • Post-purchase Support: Even after you've moved in, we have a post-sales team that will be able to assist with any queries or support you may need, ensuring your transition into your new home is seamless.
  • Are there any additional costs involved?

    Yes, as with any property purchase, there are additional costs to be aware of:

    • Deposit: This is a percentage of the cost of the share you're buying, not the total property value.
    • Mortgage Fees: Depending on your lender, there may be arrangement fees or valuation fees.
    • Solicitor's Fees: This covers the legal work associated with purchasing a home.
    • Stamp Duty: Depending on the property value and your circumstances, you might need to pay Stamp Duty Land Tax.
    • Home Insurance: You'll need to insure your new home, and there might be associated costs.
    • Service Charge & Maintenance: If the property has communal areas or services, you might need to pay a monthly service charge.

    It's essential to factor in these costs when budgeting for your shared ownership home. Our team at Aster is here to guide you through these expenses, ensuring there are no unexpected surprises.

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