Shared ownership Sussex
One, two and three bedroom homes available for shared ownership
Our aim at Moat is to make owning your home a realistic option for first time buyers, through shared ownership in Sussex. We are proud to present a wide range of high-quality properties for sale in the boroughs of Brighton & Hove, Crawley, Horsham and Mid Sussex.
What is shared ownership?
Shared ownership is perfect for first time buyers, offering an affordable route onto the property ladder. At Moat, we offer a range of stunning new apartments and houses, alongside popular resales, throughout Sussex's boroughs such as Wealden. Shared ownership starts with purchasing a share of a property and through staircasing, leads to full ownership - you can read more about how shared ownership works in our helpful article.
West Sussex’s scenic countryside, enveloping market towns like Horsham, quaint villages and quiet residential corners of the region, you will never be short of adventures with bike paths, nature trials and wistful walks spanning the rolling landscape of the downs. Home to castles rich in history such as Arundel Castle and the fantasy-like Bramber Castle, West Sussex surrounds you in enchanting sites and blissful days out.
Homes available for shared swnership in West Sussex are well connected with the area’s efficient bus network, taking you from town to town in a matter of minutes. You can also hop on the train to Brighton in just 25 minutes from Worthing station or take a trip to the capital taking just an hour and 25 minutes.
With Newhaven Ferry Port also just under 50 minutes away and Gatwick Airport just 40, you are perfectly positioned to reach just about anywhere you need to get to.
You can find details of all out our stunning, affordable new homes for sale throughout Sussex and Crawley.
Begin your shared ownership journey today!
What is an MA and how they help me through the shared ownership process?
A vital part of purchasing your own home is arranging the right type of mortgage. The mortgage advisors (MAs) on Moat’s panel are here to help and have been selected because of their high levels of customer service. MAs on this panel are professionally qualified and will help you make the right choice so that you can afford to enjoy your new home into the future.
We will ask you to speak with one of the MAs on Moat’s panel for an initial affordability assessment.
There are many different types of mortgages, offering varying terms and conditions. Moat staff are not authorised or qualified to provide you with financial or mortgage advice.
You will need savings for a mortgage deposit of at least 5% of the share value that you purchase. The higher your mortgage deposit, the more favourable your mortgage interest rate is likely to be.
Appointing a solicitor
Your solicitor will be responsible for making sure you have everything necessary to help you buy your home through shared ownership as smooth and quick as possible. This will include checking the lease, draft contract and title for the home you wish to buy and corresponding with your mortgage lender and Moat’s solicitors.
Your solicitor will raise enquiries with Moat’s solicitors and carry out various legal searches. Your solicitors will get you to sign the contract and ask you to transfer the deposit into their account so that it is cleared in time for exchange of contracts.
Moat’s panel of solicitors has many years of experience with shared ownership schemes. We suggest that you appoint a panel solicitor because of this experience.
Completing the purchase of your home
Your solicitors will send Moat’s solicitors all monies due on the day of completion. Once these monies are received your purchase is complete and you can move in.
Your Moat neighbourhood housing officer will welcome you at your new home normally around mid-afternoon (a specific time will be confirmed to you in advance). The keys to your new home will be handed over to you and, if necessary, they will do a final property check through with you. Any cracks, chips or scratches should be reported immediately otherwise we cannot be sure whether this type of damage occurred before or after you moved in. Defects of this nature that are not reported on the day of completion will be your own responsibility to put right and at your own cost.
Remember to contact the gas, electricity and water companies as well as the local council tax office and any other utilities you require, to let them know you have moved in.