Shared Ownership Brighton and Hove
Brighton is known for its colourful seafront houses, stunning coastline and live entertainment. Its sense of vibrancy and creativity make it a coveted spot for first-time buyers. Deposit prices for a property on the open market can make homeownership feel unattainable, but through Shared Ownership, a deposit on your dream home in Brighton could be much less than you think.
Shared Ownership for first-time buyers
At Southern Housing New Homes, we want homeownership to be accessible to first-time buyers. Our Brighton and Hove properties for sale through Shared Ownership offer an alternative to buying on the open market that could significantly lower your upfront costs.
What is Shared Ownership?
Shared Ownership is a government-backed scheme that allows you to buy a share of a property, based on what you can afford. Your first share usually ranges between 25% and 75% and is financed by a mortgage. When you have paid off a larger part of your mortgage, you can then increase the share that you own. This process is called staircasing.
Search for Shared Ownership Homes in Brighton & Hove
A Brief History of Brighton
Brighton is a small coastal city in East Sussex, around an hour's drive from London. The town has a long history as a fishing town and it was first recorded in the Domesday Book in 1086. The name Brighton is thought to derive from the Old English words "brycg" and "tun", meaning "bridge town".
Brighton made a name for itself as a seaside resort in the 19th century, when wealthy Victorians looking to enjoy the healing properties of seaside living built lavish holiday homes and hotels in the town.
Traveling in and around Brighton & Hove
Brighton is just an hour from London by car and there are excellent public transport links for commuters. A direct train from Brighton to London takes under two hours and buses and trains run regularly to neighbouring towns and cities.
Things to do in Brighton & Hove
Head to the Beach
The stoney Brighton beach is synonymous with the city, as is Brighton Palace Pier. Ice cream, fish and chips and colourful parasols are a summer staple of the city. With its lively atmosphere and family attractions like the arcade, Brighton Beach is a popular destination for tourists and residents.
Visit Cultural Landmarks
Perhaps the most famous Brighton landmark is The Royal Pavilion, a striking Grade 2 listed palace built more than 200 years ago for King George IV. It now hosts a range of events, as well as being open for visitors all year around. Other famous landmarks include the Palace Pier and the Brighton Dome.
Retail in Brighton
As well as all the regular high street stores, the city features an eclectic mixture of bohemian boutiques down winding cobbled streets. The town also has a range of shops and restaurants, as well as a busy nightlife scene.
Education in Brighton & Hove
There are excellent primary and secondary schools across Brighton and Hove for families moving to the area. St Bartholomew's CofE Primary School and Bevendean Primary School and Nursery are two of the highest-ranking primary institutions in the area. Meanwhile, Blatchington Mill and Hove Park School and Sixth Form are among the best-performing secondary schools nearby.
Brighton is also home to universities and higher education institutions, including the University of Brighton, the University of Sussex, the Brighton and Sussex Medical School.
Shared Ownership properties for sale
Southern Housing New Homes is one of the largest shared ownership providers in the Southeast. Take your first steps towards homeownership through shared ownership today and find your new home in Brighton through our property search.