Affordable Homes

We aim to build high-quality, affordable homes for 300 families by 2027.

One of our ten-year goals is to deliver 300 high quality, truly affordable homes of which communities can be truly proud of. 

We are redefining the definition of affordable housing with West Oxfordshire District Council. This will be of huge benefit to the people of the local area, as we aim to retain ownership and to offer housing more directly able to meet local needs as they change from time to time, while also ensuring that those units always stay within the affordable housing pool. The overriding intention of the project is to deliver truly affordable housing with discounts of a much greater size than available today elsewhere. 

See below for our two affordable housing initiatives:

  • Affordable Rent
  • Shared Ownership. 

 

 
Affordable Homes

Shared Ownership

 

Shared Ownership offers you the chance to buy a 40% to 80% share of a property, with a combined monthly cost of rent and mortgage, less than if you bought on the open market.

For example, if you wanted to buy a 40% share in a property worth £300,000 the equity you would pay rent on is £180,000 at 2.5%, equating to £375 per month. 

For more information on monthly rent, service charge and mortgage costs. Please click the button below for more information. 

Help To Buy South

 

 

 

1. Register with Help to Buy South, who will assess your eligibility to purchase a shared ownership property. You will need to meet some basic eligibility criteria.

Register

Once registered, we will put you in touch with a financial advisor who will be able to determine the percentage of the property that you can afford. Once at this stage, we can arrange a viewing.

2. Do you qualify? 

Your household income is £80,000 a year or less, it is recommended that you have a household income of greater than £18,000 per annum, you should have savings of at least £2,500 to cover legal costs and have a good credit history, and also have a local connection to the area to be considered for a house with Blenheim Estate Homes.

3. Search for available properties on Help to Buy South

 Search

 

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