Moat is a leading housing association working in the South East of England

Showing 4 properties

1
Available

Cecil Kidby House

Tunbridge Wells, Kent, TN2 4RR
  • Type: Apartment

  • Bedrooms: 1

  • Rent per month: £572

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2
Available

Knights Wood

Tunbridge Wells, Kent, TN2 3UW
  • Type: Apartments, Houses

  • Bedrooms: 1, 2, 3

  • Share price from: £55,500

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3
Available

Le Temple Road

Tonbridge, Kent, TN12 6HY
  • Type: House

  • Bedrooms: 3

  • Share price from: £231,000

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4
Coming Soon

Moat at Royal Wells Park

Tunbridge Wells, Kent, TN4 9QT
  • Type: Apartments

  • Bedrooms: 1, 2

  • Share price from: £103,500

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Brand new one, two and three bedroom houses and flats available for shared ownership!

Property for sale in Tunbridge Wells: At Moat we are proud to present a desirable selection of new houses and apartments at affordable prices. Royal Wells Park, located in Tunbridge Wells, offers a new collection of one and two bedroom apartments for sale. These properties are all available to buy on a shared ownership basis, making home ownership a realistic option for all.

Houses For Sale in Tunbridge Wells - What You Can Expect

Houses for sale Tunbridge Wells

Tunbridge Wells is an attractive and affluent town, with plenty of green spaces and a vibrant atmosphere. It boasts stylish boutiques, art galleries, theatres and numerous bars, cafes and restaurants. It also offers a selection of outlets and shopping centres, including Royal Victoria Place and Hoopers. It’s an ideal town to own find your first property and enjoy your very own house or apartment.

Tunbridge Wells also provides plenty of outdoor opportunities, with routes for horse riding, cycling and walking, as well as clubs for cricket, tennis and golf. It additionally houses a number of spas and health clubs, including the popular Champneys City Spa. Ideal for commuters, it provides regular train services into the city, taking just 45 minutes to reach London Bridge.

Shared ownership is currently one of the most affordable home ownership options and gives many people, often first-time buyers, a chance to get on the property ladder.

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Shared ownership explained

Shared ownership can be thought of as part buy part rent, you own a share of your new home and Moat own the other share. When you pay your mortgage some of this goes toward paying off the property share that you own and the remainder of this will go toward subsidised rent to Moat - this is known as the Moat Shared Ownership schem. For example, if you own 25% of your new home, your monthly payment will go toward paying this off, you will also pay toward the remaining 75% owned by Moat Homes. You have the option (called staircasing) at any time to pay more toward the overall share until you own the property outright.

What are the benefits of shared ownership?

Houses are very expensive and this schema allows you to get the property that you want in an affordable way. You own the portion of the property which is affordable to you and through the process of "staircasing" eventually you will own 100% of the property outright. The main benefit (apart from owning your own home) is that you require a smaller deposit to get onto / move up the property ladder.

Is shared ownership for me?

If you are unable to afford the full depost or monthly repayments then yes this scheme is for you. There are a few stipulations though, namely, you cannot currently own a property, you need to have a household income of more than £80k per annum. You should also be prepared for the costs involved with buying a home and for this we recommend you have around £4000. This is currently the best route that enable people to enter onto the property ladder.

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