Buy A New Home In Dorset

Shared Ownership Homes for sale in Dorset

shared ownership Dorset

Shared ownership in Dorset has become more popular over the years. Aster have new homes and flats for sale in Dorset that are available for you to buy through the Shared Ownership scheme. Would you like to buy a 1, 2, 3 or 4 bedroom home in Dorset?

Take one step closer to living in a stunning Shared Ownership home in Dorset through the amazing team at Aster. Our awesome Sales Negotiator for Dorset is Nicci Stone, contact her today!

Through shared ownership, deposits can be from as little as 5%! So, if a 40% share costs £100,000 then your deposit could be as little as £5,000. It really is that simple (and no you don't have to share with anyone else, except maybe your partner, children or the cat).

Where is Dorset?

Sitting on the edge of the English Channel coast, Dorset is a county in South West England which borders Devon, Somerset, Wiltshire and Hampshire – all of which you can easily visit due to Dorset’s impressive transport and road network.

Dorset’s county town is Dorchester, but there are also plenty of other well-known tourist spots such as Bournemouth which is definitely worth a visit if you enjoy the coast.

What to do in Dorset

Did you know, Dorset is home to the UK’s only Natural World Heritage Site? That’s right, Dorset is home to the Jurassic Coast as well as over half of the county being an Area of Outstanding Beauty. Even better, contrary to most of the UK, Dorset boasts a great amount of sunny weather – way over the UK average meaning you will have great weather to enjoy all of these attractions.

If the hustle and bustle of busy towns is more your thing, Dorset has plenty to offer in terms of retail therapy, nightlife and eateries across Dorchester, Weymouth and Poole as well as many more.

What to see in Dorset

There is plenty to do and see in Dorset, whether you’re a beach bunny or history buff.

One thing not to miss in Dorset is a visit to Poundbury – the urban extension of Dorchester. Poundbury is a unique concept and certainly one which is worth visiting – it began in 1993 and was developed as an alternative to the way new communities are usually developed in the UK.

Dorset offers plenty in terms of great food and entertainment but if you wish to go a little further afield there are excellent rail and road links – with Bournemouth even boasting its own airport. So make sure you make time to browse our Shared Ownership houses in Dorset.

FAQ

  • What is shared ownership?

    Shared ownership is a government-backed scheme designed to help individuals who may not afford to buy a home outright on the open market. Under this scheme, you purchase a share of a property (typically between 25% and 75%) and pay a reduced rent on the remaining share. Over time, if you wish, you can buy more shares in your home, a process known as "staircasing", until you own 100% of it. This approach makes homeownership more accessible for many and serves as a stepping stone towards full homeownership.

  • How does Aster support the purchase process?

    At Aster, we're committed to making your shared ownership journey smooth and stress-free. From the moment you express interest in a shared ownership property:

    • Consultation: Our dedicated Sales Negotiators will discuss your needs and guide you through the available properties that match your criteria.
    • Financial Guidance: To ensure clarity on costs and other financial matters, we direct you to our trusted partner, TMP, who are specialists in shared ownership mortgages.
    • Viewings: For new builds, viewings are conducted once the home has been reserved or after it's been handed over. For re-sales, the vendor themselves will manage and conduct the viewings, ensuring a personalised experience.
    • Paperwork & Legalities: We offer assistance with the paperwork, guiding you through the application process, and liaising with solicitors to ensure the legal side is handled efficiently.
    • Post-purchase Support: Even after you've moved in, we have a post-sales team that will be able to assist with any queries or support you may need, ensuring your transition into your new home is seamless.
  • Are there any additional costs involved?

    Yes, as with any property purchase, there are additional costs to be aware of:

    • Deposit: This is a percentage of the cost of the share you're buying, not the total property value.
    • Mortgage Fees: Depending on your lender, there may be arrangement fees or valuation fees.
    • Solicitor's Fees: This covers the legal work associated with purchasing a home.
    • Stamp Duty: Depending on the property value and your circumstances, you might need to pay Stamp Duty Land Tax.
    • Home Insurance: You'll need to insure your new home, and there might be associated costs.
    • Service Charge & Maintenance: If the property has communal areas or services, you might need to pay a monthly service charge.

    It's essential to factor in these costs when budgeting for your shared ownership home. Our team at Aster is here to guide you through these expenses, ensuring there are no unexpected surprises.

Join our conversation

Log in

Forgotten password?

Sign up, save time.

Create an Aster account for alerts on homes right for you. You can update and adjust your alerts and ‘favourites’ through your own account as you go and you’ll be the first to get information on homes when they become available.
It’s an ownership thing.

Sign up

You’re almost done.

To create your Aster account is easy. Fill out a few details below and we’ll do the rest like sending you an email or text message when homes that are right for you become available.

Thanks, your alert has been saved

You will receive email or SMS when new homes are launched that match your criteria. In the meantime, we're a sociable bunch, so hook up with us on social media where you'll get to hear more from us on your choice of channel. You'll love it.

Looking for a home to buy?