Bovis Homes to host information event on new shared ownership scheme in Stratford
09 Feb 2024

Bovis Homes to host information event on new shared ownership scheme in Stratford

Bovis Homes will host an information event at The Chancery in Shottery this weekend to help people looking to take their first or next step onto the housing ladder through its Home Stepper shared ownership scheme.

Bovis Homes has partnered with Sage Homes to offer a part-rent, part-buy solution to people who might not otherwise be able to afford a new home.

This differs from traditional shared ownership schemes as it does not carry the same restrictions around local connections – and it is available to people who already own a home.

At The Chancery, prices now start at £150,000 for a 50 per cent share of a two-bedroom house.

This event at The Chancery will take place from 11am to 4pm on Saturday (10 February) so the team can explain more about how Home Stepper works, the homes available and how an independent financial advisor can help to source a suitable mortgage.

Adrian Wood, regional sales and marketing director for Bovis Homes, said: “The Chancery has been designed to meet the growing demand for new homes in Stratford.

“The availability of the Home Stepper scheme has created excitement as it will make buying a first or next home more attainable. The scheme is not restricted to first-time buyers, so can help growing families to move to a home with the space they need.

“It is unusual to be able to buy a high-quality new home at such an accessible price in this location. This event has been arranged so our team can answer any questions people have and provide guidance about the available homes.”

Bovis Homes is building 197 homes at The Chancery, which is located off Evesham Road. The development opened to the public late last year and the first residents have already moved in.

Buyers using Home Stepper can purchase a share of between 10 per cent and 75 per cent of their new home while paying rent on the rest. Over time, there is also the option for them to increase their share of the property, up to 100 per cent.

References to “we”, “us” or “our” are to the part of the Vistry Group (including Linden Homes, Bovis Homes, Countryside Homes, Drew Smith or one of Vistry’s joint venture companies) from which you are intending to purchase a new home. References to "you” and “your” are to the prospective buyer or buyers of a new home from us.

All images are used for illustrative purposes only and are representative only. They may not be the same as the actual home you purchase and the specification may differ. Images may be of a slightly different model of home and may include optional upgrades and extras which involve additional cost. Individual features such as windows, brick, carpets, paint and other material colours may vary and also the specification of fittings may vary. Any furnishings and furniture are not included in any sale. Please check with our sales consultants for details of the exact specifications available at the development(s) for each type of home and the associated prices.