The Falcons, Carterton

The Development

A brand new development nestled amongst stunning countryside in a region filled with heritage. This development of 2, 3 and 4-bedroom homes is located in Carterton in Oxfordshire - one of the area's newest towns - offering the perfect blend of modern living and the tranquillity of the countryside.

Available as part of our Shared Ownership and Rent to Buy schemes, The Falcons is a fantastic opportunity to get on the property ladder via an affordable homes scheme.

Carterton is the second largest town in West Oxfordshire and one of the newest in the entire county. Independent businesses, friendly locals and a thriving high street give this market town a cosy, community atmosphere and if you're looking for things to do, there's plenty of culture to soak up, such as the popular Cotswold Wildlife Park & Gardens. Carterton is also home to RAF Brize Norton, Britain's largest air base.

The development name is a nod to the historic parachute regiment based out of the nearby RAF airbase and reflects the heritage that can be found throughout the region.

For residents, The Falcons will offer a blend of relaxed countryside living and modern town life, with links to larger cities ensuring you're always connected. For families, young professionals and couples that want to live in this incredibly popular part of the country, The Falcons represents a clear opportunity to get started.

FIRST PHASE! A selection of 4 beds available for Shared Ownership...


Prices
Examples:

4 Bed Detached House 'The Voyager'

Plot 51

£112,500 for a 25% share (deposit from £5625)
Monthly Rent on remaining share £773.44

£180,000 for a 40% share (deposit from £9000)
Monthly Rent on remaining share £618.75

£225,000 for a 50% share (deposit from £11,250)
Monthly Rent on remaining share £515.63

4 Bed Semi Detached House 'The Globemaster' & 'The Atlas'
The Globemaster - Plots 62, 63, 64, 65, 66, 67, 68, 69, 72, 73, 74, 75, 76, 77
The Atlas - Plots 70, 71, 78

£102,500 for a 25% share (deposit from £5125)
Monthly Rent on remaining share £704.69

£164,000 for a 40% share (deposit from £8200)
Monthly Rent on remaining share £563.75

£205,000 for 50% share (deposit from £10,250)
Monthly Rent on remaining share £469.79

These plots are under construction with build completion anticipated to take place in August/September 2024. We are therefore currently unable to offer viewings and will be accepting reservations off-plan.

Other shares can be purchased subject to an affordability assessment.
Examples of deposit rates are based on our minimum required deposit rate of 5%. However please seek financial advice to confirm what deposit rate is available to you.

Council Tax TBC - due to these properties being new builds and not being previously occupied the council tax and banding has not yet been set.

Service Charge - A service charge will be charged against the property and is paid monthly with your rent payment. The service charge is reviewed on an annual basis on April 1st. This will include Buildings insurance, management and any communal/estate charges that may be covered (if applicable). An annual management company charge is also payable towards the upkeep of the development. Service Charges are to be confirmed. Pease contact the Sales Consultant for details on these charges.

Ground Rent - Not applicable

Homes England Key Information Document - please refer to our website to read through our key information document for this property. This will include pricing details, eligibility and some lease information.

NEXT STEPS:
1. For further information, please download our brochure below.
2. TO APPLY NOW, please enquire with Platform Home Ownership and the relevant sales consultant will then send you an application form to complete.
3. Upon receipt of your application, once approved, we will refer you for an affordability assessment to determine the most affordable share for you.
4. Once you have passed the affordability assessment, we will then be in contact to confirm the availability.
5. If there is a suitable property we will then issue out your offer letter and advice on how to pay your £250.00 reservation fee for your new home.

Shared Ownership is a fantastic opportunity if you're an unable to purchase a home on the open market. It allows you to buy a share in a property on a part buy/part rent basis and pay a subsidised rent on the part that you do not own. Over time, you can purchase more shares in your property - this is known as 'staircasing'. This can be done at any time after initial purchase and it will reduce the amount of rent you pay, as the share of the home that you do not own will have got smaller.
We will offer shares between 10-75% of the property value depending on the outcome of the affordability assessment. The higher the share you purchase, the lower your rent will be. You will need to be able to obtain a mortgage for the share you want to purchase unless you have sufficient funds to enable you to purchase a share outright. Deposit amounts will be lower than purchasing a property on the open market also the combined cost of mortgage and rent is often cheaper than privately renting in the area.
For more detailed information and your obligations in relation to shared ownership please download our 'Guide to Shared Ownership'

Am I eligible?
Shared Ownership uses the following criteria to help people to get onto the property ladder:
- Maximum annual household income of £80,000.
- Unable to purchase a home suitable for your needs.

Please visit the Homes England website for further guidance using the Homes England Eligibility Checker.

*Please note some images are typical and should be used as a guide only