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Buy A New Home In Sussex

Shared Ownership Homes for Sale in Sussex

Shared ownership in Sussex has become more popular over the years. Aster have new homes and flats for sale in Sussex that are available for you to buy through the Shared Ownership scheme. Would you like to buy a 1, 2, 3 or 4 bedroom home in Sussex?

Take one step closer to living in a stunning Shared Ownership home in Sussex through the amazing team at Aster. 

Through shared ownership, deposits can be from as little as 5%! So, if a 40% share costs £100,000 then your deposit could be as little as £5,000. It really is that simple (and no you don't have to share with anyone else, except maybe your partner, children or the cat).

Aster are 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 to make sure they receive a good service, the first time and are made aware of their buying options.

Where is Sussex?

Located in South East England – Sussex borders three other beautiful counties, Kent, Hampshire, and Surrey. Sussex is a historic county and is a former independent mediaeval kingdom – now, that's something for history fans to be proud of.

What to do in Sussex?

Welcome to Sussex, where vibrant culture, stunning landscapes, and rich history await you. From exploring the iconic ruins of Hastings Castle to strolling along the picturesque beaches of Brighton, there's no shortage of adventures to be had. 

Immerse yourself in the charming atmosphere of quaint villages like Rye or indulge in the diverse culinary scene of Lewes. Outdoor enthusiasts will enjoy hiking trails in the South Downs National Park, while history lovers can delve into the past at the fascinating museums scattered throughout the region. For those seeking adventure, the stunning coastline provides opportunities for water sports and beachside relaxation. Discover your perfect home in this dynamic and captivating corner of England.

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.

What to see in Sussex?

Sussex is a naturally beautiful county, with a wide variety of parks and wildlife havens but that is not all – Sussex is also home to plenty of art, music, and culture. With plenty of galleries and museums on your doorstep, you will never run out of wonders to see or things to do in Sussex.

And of course, when you fancy a tipple or a bite to eat, Sussex is home to plenty of diverse and interesting pubs and restaurants. With excellent transport links to the rest of the county and country as well as easy access via the English Channels to other delightful locations, Sussex makes a perfect place to set up home. Be sure to check out our full range of Shared Ownership properties for sale in Sussex.

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FAQ

  • 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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