Do you know someone looking for a new home in Swindon?
Successfully refer them for a new Shared Ownership home from SNG at King George Park and you'll each receive £250 upon their completion.*
How do I refer a friend?
To refer your friend, simply email their name, email address and phone number to newbuildso@sovereign.org.uk with the subject line ‘SNG at King George Park refer a friend'. Then, if your friend buys a new home from SNG at King George Park, we’ll send you both £250 by BACS, within 60 days of the legal completion of the sale of their new home.
Shared Ownership from SNG at King George Park
SNG at KGP is a brand new development of 3, 4 & 5 bedroom houses located in the desirable village of Lotmead near Warnborough.
Ideally suited for family life, SNG at King George Park’s design includes plans for 2 primary schools, children’s play areas, allotments, a sports hub, and convenient commercial spaces. The neighbourhoods will be seamlessly integrated around a series of beautiful green spaces, all connected by an interlinked network of footpaths and cycleways.
There’s also easy access to the M4, and Swindon train station accessible is just 3.5 miles away.
Discover more about SNG at King George Park and the available homes here.
What is Shared Ownership?
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.
Shared Ownership could be for you if:
- You are over the age of 18
- Your household income is less than £80,000, or £90,000 in London
- You don’t already own a home at the time of buying your Shared Ownership property*
Prices starting from £152,000 for a 40% share, meaning you could purchase a brand new home in Lotmead with a deposit from as little as £7,600 (based on a 5% deposit).
*What are the terms and conditions?
- SNG reserves the right to withdraw this offer at anytime
- Incentive not available in conjunction with any other offers
- Offer only valid on new homes at the SNG at King George Park development
- The £250 is non-negotiable and cannot be exchanged for any other amount, goods or services
- £250 only payable to each customer once both SNG shared owners have completed their purchases
- We may require additional information (within reason) from you to enable us to pay the £250
- Only one claim per household is permitted and you must provide your full name and property address to qualify
- SNG reserve the right to end this promotion at any time
- By submitting a referral, referrers hereby agree to the terms and conditions
- Personal data collected will be process in line with our privacy policy
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.