2, 3 & 4 bed houses
Shared ownership
Exeter, EX1 3TL
Prices from £119,000
Features
- This development is being sold exclusively with our Exeter selling agents, Fulfords
- 33 new 2, 3 & 4 bedroom Shared Ownership houses
- Built to Sovereign’s new house specifications
- 3 minutes’ drive from Pinhoe train station
- 4 minutes’ walk from Co-op convenience store
- Good local amenities in Pinhoe and Broadclyst
- 11 minutes’ drive from Exeter City Centre*
Description
Applications now open for these brand new 2, 3 & 4 bed houses at Moonhill Rise!
Show home now open! To book a viewing please contact our selling agent, Fulfords:
Email: exeter@fulfords.co.uk
Phone: 01392 252666
Built to our own exacting standards these homes will exceed national space standards, incorporate increased storage, promote lots of natural daylight, and go further to support the health and wellbeing of future customers.
Located just 11 minutes' drive from Exeter City centre you’ll have a great selection of education, retail, employment, sport, and leisure opportunities on your doorstep*.
Local connection requirement to East Devon Council.
Plot 25 no longer requires a local connection.
Plans
Location
Moonhill Rise, Exeter
Get in touch
To make an enquiry about a property, please fill in the form below and a member of the team will be in touch
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*Travel times are taken from google.co.uk/maps and are approximate only
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A local connection to East Devon is required
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Plot 25 no longer requires a local connection
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Images are from our Moonhill Rise show home to show a similar house type
FAQs
We partner with you to share the cost of buying your own home – you pay for the part you can afford and we’ll pay for the part that’s left. It’s an opportunity to buy the home that’s right for you without needing the large deposit or the mortgage that goes with it.
You buy a share in your home that’s right for you. That could be from either 10/25% and up to 75% initially. You’ll pay a reduced rent to us on the share we own and a monthly service charge.
As your finances allow, you can buy further shares in your home as and when you choose, meaning you’ll own more and pay less rent.
Typically, you’ll only need a deposit that is 5% of the value of your share, rather than of the total property value, meaning you could get moving sooner than you thought.
- As long as you are over 18
- Your household income is less than £80,000
- And you don’t already own a home at the time of buying your shared ownership property
… then Shared Ownership could be right for you!
Some properties may be bound by local connection restrictions in order to make them affordable for local customers. We'll let you know if there are any restrictions in place when you are searching for a property.
A deposit for a shared ownership home can start from just 5% of the share value you’re looking to buy. So for example:
If you’re looking to buy a home that has a 40% share value of £80,000, then your deposit could be as little as £4,000 - meaning you may be able to get on the property ladder sooner than first thought!
You can speak to our panel of financial advisors for more information around affordability.
Once you’ve settled in to your new home and you’ve made it your own, you may want to consider buying more shares – we call this staircasing, and we’re with you every step of the way.
The more shares in your home that you own, the less rent you pay. Almost all of our homes can be purchased outright, meaning that you could own 100% of your home. You’ll be able to find out whether this is possible for your home by speaking to our dedicated sales team.