Colwell Green
Furrow Crescent, Witney, RG24 9QX
For salenew home
Shared ownership
Live from space album cover

Boasting a flexible open-plan layout, these apartments have been designed to suit a multitude of lifestyles. Each apartment offers an open-plan kitchen/living/dining room, two spacious double bedrooms...

from

£254,950

2 bedroom

Register interest

from £101,980 with min. deposit £5,099

£254,950

2 bedroom Flat

£257,000

2 bedroom Flat

£257,950

2 bedroom Flat

Availability

For sale

For sale

For sale

Minimum share

40%

40%

40%

Full market price

£254,950

£257,000

£257,950

Deposit from

£5,099

£5,140

£5,159

Monthly service charge

£0

£0

£0

Bedrooms

2

2

2

Bathrooms

2

2

2

Reception rooms

1

1

1

Number of floors

1

1

1

Floors

Ground floor

1st floor

Ground floor

Tenure

leasehold

leasehold

leasehold

Property features

Parking
Parking
Parking
Overview

Set in a desirable market town, this stunning new development boasts easy access to a range of local amenities, from high street and independent retailers to health facilities, an excellent choice of schools, leisure activities pubs and restaurants.

Around 30 minutes from Oxford, residents will benefit from excellent road links to the A34, A40 and M40 plus rail links via Hanborough or Charlbury.

Crafted in a contemporary style, homes at Colwell Green have been thoughtfully designed using locally-inspired materials.

 

ELIGIBILITY

The Shared Ownership scheme is a Part Buy, Part Rent way of owning your own home for a smaller up front payment. With Shared Ownership, you buy a share of your home using a mortgage from a bank or building society and pay a subsidised rent on the share you did not purchase. The combined mortgage and rent is usually less than you’d expect to pay if you bought a similar property outright.

To be eligible for shared ownership you would need to meet the following criteria:

• Your household income does not exceed £80,000 (outside of London) and £90,000 (inside of London) 
• You have a deposit of at least 5% of the share value
• You do not own another property or have your name on the deeds or a mortgage for a property worldwide. 
• This will be your only residence.
• You are a permanent UK resident or have indefinite right to remain.

Please note the minimum share you can purchase can vary depending on your financial situation and you may be asked to purchase a larger share, should your personal circumstances permit.

*Service charges are estimated and may subject to change.

**These photos are for information purposes only and may not represent a true likeness for the units being sold. They may have been taken from earlier phases or similar developments/house types and digitally furnished to represent how the home could be laid out; the final colours/appearance/specification may differ from the images and are not plot specific. We advise applicants to make their own investigations on future development in the area. We would suggest contacting the local authority for more information.

FAQs
Shared ownership is a government-backed scheme, designed to make stepping onto the property ladder more affordable. You buy a portion of a home normally with a mortgage and a deposit, and pay a low-cost rent on the rest.
Read more on the Shared Ownership FAQ
Help to Buy is an equity loan scheme to help you buy a new home. If you have a 5% deposit and can cover 75% of the value of the home with a mortgage (or 55% in London), the Government will lend you up to the remaining 20% (40% in London) in the form of an equity loan.
You can read more on the Help to Buy FAQ
The rules for shared ownership are different to a private purchase. In short, as long as you don’t currently own, or won’t own another property when you move in to a new home, you’re likely to qualify.
Read more about eligibility in the FAQ
Some properties require you to live or work in the local area in order to be eligible to buy them. By knowing the areas in which you live and work, we can make sure you see everything available to you
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