Burgess Hill
Shared Ownership in Burgess Hill
Nestled on the edge of the South Downs National Park is Burgess Hill. This town in West Sussex has had a colourful and interesting history and has recently been the focus of a large regeneration project called Brookleigh.
The ambition is to transform the local economy, creating thousands of new high value jobs in technology-led industries, and making Burgess Hill one of the most attractive places in the region to live and to do business. It will be a fully sustainable 21st century town focused around a high quality, vibrant and accessible town centre. Supporting the existing and future population with community facilities, employment opportunities and access to green open space and a town that functions efficiently and is underpinned by a modern, sustainable transport network.
Burgess Hill - Connecting the Downs to the sea and the city
Situated in the heart of Sussex, Burgess Hill benefits from regular, fast and direct train services to coastal towns such as Brighton, London and nearby Gatwick Airport. The town also benefits from great road links with direct access via the A2300 (proposed for upgrade) to the A23 that provides onward links to the M23 and M25.
Situated in the heart of Sussex, Burgess Hill benefits from regular, fast and direct train services to coastal towns such as Brighton, London and nearby Gatwick Airport. The town also benefits from great road links with direct access via the A2300 (proposed for upgrade) to the A23 that provides onward links to the M23 and M25.
Burgess Hill - the future looks bright
Burgess Hill thrives from the town’s unique community spirit and is a friendly and welcoming place. The town’s regeneration proposals will help to support this spirit as well as the town’s history and culture, whilst ushering in a new era of prosperity for local residents.
The plans will also see a considerable investment in new community facilities across the town which will benefit new and existing residents. At the Northern Arc, the new development will provide new schools and community hubs including retail shops, substantial community open space, children’s play areas, allotments and sports facilities to promote a healthy lifestyle for local residents.
Along with all the investment to Burgess Hill, we will also see a preservation and enhancement of the Green Circle with plans for greater access to the countryside as well as a new network of scenic walkways and cycle routes to better connect communities in the local area.
How shared ownership in Burgess Hill can help you
Shared Ownership is a ‘part buy, part rent’ way of owning your own home for a smaller upfront payment – making it easier for buyers to get on the property ladder.
So, what does ‘Shared Ownership’ mean? When buying a Shared Ownership home, initially you can buy anywhere between 25% and 75% of the home. You would take out a mortgage for the share you are buying, or in some cases you can be a cash buyer.
On the outstanding percentage of the property that you don’t yet own, you pay a subsidised rent. The combined monthly mortgage and rent payments are often less than if you were to buy the home outright and can sometimes be less than if you were renting.
With Shared Ownership opening the property market up to first-time buyers, buying your home through shared ownership in Burgess Hill is a dream come true for anyone wanting to enjoy a spot of luxury.