Shared ownership homes for sale in Chidham, Sussex.

Located in West Sussex, Chidham is a charming rural parish positioned perfectly amongst the Stunning Sussex countryside and on the outskirts of the City of Chichester. Foster’s Fold is a fantastic development of new 2, 3 & 4-bedroom homes in West Sussex.Could this be the perfect place you call home?

Where is Chidham?

Chidham is located on the outskirts of Chichester near the Hampshire border. The village has an estimated population of 2,614 according to the 2021 Census. Chidham benefits from several nearby transport links, including the A27, and Nutbourne station is within walking distance, offering regular services to Chichester, Portsmouth, and Southsea. Additionally, Chichester train station provides connections to London Victoria, making the commute less stressful in under 1 hour and 40 minutes. Nearby is the city of Chichester and the charming village of Walberton. Take a look at our available homes in Sussex here. If you cross the border into lovely Hampshire, we have a selection of shared ownership homes in Hampshire available across this fantastic county too.

What to do in Chidham

We know the area you choose to call home needs to work for you, so from your brand-new home in Chidham, West Sussex, you’ll be able to...

•  Prinstead Beach: A stunning beach circular is a perfect route for dog walkers, hikers, bikers, runners, wildlife enthusiasts, or if you just want to enjoy the stunning views.
• Retail therapy: The nearby City of Chichester offers a pleasant shopping experience with its independent shops, boutiques as well as high street favourites, cafes, and restaurants.
• Explore Bosham Quay: The Bosham Quay has a selection of cafes and arts centres to enjoy on the quayside or if you’re feeling up to it, you can walk the 3.7-mile Bosham circular walk.
• Discover the history: Immerse in the history of Chichester and its iconic Cathedral.
• The festival of Chichester: A month-long celebration of the arts running from mid-June to mid-July each year.
• Experience nature: The local area is spoilt with countryside to explore from walks and trails, or Chichester Harbour which is proudly an area of natural beauty (AONB).
• Explore the villages surrounding Chichester: Our marketing officer, Lauren has put together her must-visit spots and where to spend a day in Sussex.

Shared ownership – the smart step in buying your home.

 You might have thought that the cost of houses in West Sussex would be prohibitive in such a competitive market, but our homes in Chidham are all for sale under our smart, simple shared ownership scheme. There are no catches – you just buy an affordable share, pay rent on the remaining amount, and increase your shares as your finances permit. It allows you to get your foot on the property ladder much more easily than buying outright. You can learn more here, or just call us and we’ll be happy to answer your questions.

Make an Aster house your home

Our aim at Aster is to find you a home, not just a house – and with our fab shared ownership approach, you can find a home in a lovely location that may otherwise be out of your reach, just get in touch!

So, if you’re ready to find out more about our shared ownership homes in West Sussex, on the Foster’s Fold development in Chidham, get in touch with Louise today!  

 *While we endeavour to make our property descriptions and plans fair, accurate and reliable, they are only a general guide to the property and may be subject to change. Accordingly, if there is any point which is of particular importance to you, please contact the office and we will be pleased to check the position for you, especially if you are contemplating travelling some distance to view the property. Shared ownership homes are bought as leasehold properties, for more information speak to our team. Service charges and rent payable on the unsold equity of this property will be reviewed annually with any changes coming into effect on the 1st April each year. Your home may be at risk of repossession if you don’t maintain your mortgage and rental payments.

FAQ

What is shared ownership?

What is shared ownership? It's a great way of buying your first home without the large amount usually required to secure a mortgage. The scheme allows you to purchase an initial stake in the property while paying rent on any remaining share. Not only that, but it also makes getting on the property ladder more affordable than ever before!

Still have questions? Take a look at our how does shared ownership work guide.

What is staircasing?

Staircasing allows you to gradually increase your ownership of your home, up to a maximum of 100% (depending on the terms of your lease), when it suits you. This gives you more power over the price and rent that comes with owning such an asset. By staircasing, homebuyers can take their time in making these decisions rather than having one large amount at once.

 For more details on how staircasing works, take a look at our comprehensive guide.

Do I need a deposit when buying with shared ownership?

Absolutely, you must pay a deposit when investing in shared ownership. The amount will depend on the size of the share you choose and should not exceed 5-10% of your home's purchase price.

Understand what deposit you need for a shared ownership property here.

Who is eligible for shared ownership?

Shared ownership is a great choice for those who are not able to purchase their own property in full. This provides them with the chance to become homebuyers and enter the housing market.

However, specific requirements must be met before taking advantage of this type of investment:

In order to be qualified for this program, you must fulfil the following criteria: permanent UK residency, an annual household income of no more than £80k (or in London—£90k), and a proven capability to make ongoing monthly payments. Additionally, it is required that you do not own any other property at present.

Can I make adaptations/alterations or home improvements to my shared ownership property?

Before making alterations to your shared ownership home, ensure that you check with your landlord first. Depending on the property, certain guidelines may be in force and must be adhered to. Generally speaking, any adjustments need permission from the freeholder. It is important to acknowledge that whatever changes are made will remain part of the house when it gets sold; therefore this needs careful consideration regarding finances.

Who are Aster?

We are a well-known housing association who supply a wide range of housing options in response to the housing crisis. We specialise in providing shared ownership homes for sale for those unable to get on to the property ladder.

We provide affordable rental and shared ownership homes throughout the UK, and pride ourselves on our commitment to providing outstanding service to all of our customers.

With shared ownership, you could buy your own property at a fraction of the cost and we aim to make buying your home an easy and stress-free process, with our experienced team offering comprehensive advice throughout.

Where can I learn more about shared ownership?

At Aster, we understand that buying a property can be a daunting experience, so our team of experts are always happy to answer any questions or queries you may have about shared ownership or the process involved in purchasing your own home.

Our website also has an FAQ page full of useful information to help you make an informed decision. Alternatively, you can contact us directly and one of our experienced team members will be more than happy to assist.