1 and 2-bed shared ownership apartments from £205,000
The Square, Milton Keynes
1 and 2 Bedrooms
From £205,000
Spring 2022: Final release of one and two-bedroom Shared Ownership apartments at Brooklands Square in Milton Keynes. Hurry, more than 50% reserved. Reserve yours now >
There's never been a better time to move to Brooklands Square. With our final release of shared ownership apartments, your dream of a brand-new home could be more affordable than you first thought.
Instead of buying the property outright, with shared ownership you pay part of the total price - usually between 25% and 75% - and pay rent on the rest. So the deposit you need to save up is smaller, and your mortgage is smaller too. See how much you could save with a 25% and 75% property value share.
*Move in from £121 per week: terms and conditions
- Award-winning development
- Friendly and welcoming community
- Acres of outdoor space
- Contemporary fixtures and fittings
- Spacious balcony
- Shared ownership
- Good local schools
- 50 miles from London
Our homes at Brooklands Square
At Brooklands Square, excellence comes as standard. Our stylish apartments feature a range of contemporary fixtures, fittings and colour schemes, and all feature a private terrace or balcony where you can entertain friends or simply enjoy the fresh air from the comfortable setting of your home.
Brooklands Square has established itself as a thriving community and the ideal location to call home, whatever your age and lifestyle. Residents can already benefit from some great, essential amenities including a Sainsbury’s supermarket and medical centre, with many more handy shops and services available and more opening soon.
We’ve put as much thought into establishing outdoor spaces as we do into perfecting the indoor ones. You’ll find everything you need for a healthy lifestyle and all-round feeling of well-being. We’ve planted more than 30,000 trees and created ponds to enhance the brooks we took our name from. There are also plenty of open spaces, woodlands and wildlife to enjoy.
Gallery
Current availability
Hurry, more than 50% reserved. Reserve yours now >
| Plot | Type | Description | Price | More information |
|---|---|---|---|---|
| A3/ A4 |
Apartment | One bedroom, ground floor apartment with balcony. Available with shared ownership. | £205,0000 | Find out more |
| A10 | Apartment | One bedroom, first floor apartment with balcony. Available with shared ownership. | £207,500 | Find out more |
| B2/ B5 |
Apartment | Two bedroom, ground floor apartment with balcony. Available with shared ownership. | £265,000 | Find out more |
| B9 | Apartment | Two bedroom, first floor apartment with balcony. Available with shared ownership. | £267,500 | Find out more |
| B17 B20 |
Apartment | Two bedroom, second floor apartment with balcony. Available with shared ownership. | £270,000 | Find out more |
| C1 | Apartment | Two bedroom, ground floor apartment with balcony. Available with shared ownership. | £265,000 | Find out more |
| C8/ C13 |
Apartment | Two bedroom, first floor apartment with balcony. Available with shared ownership. | £265,000 | Find out more |
| C21 | Apartment | Two bedroom, second floor apartment with balcony. Available with shared ownership. | £265,000 | Find out more |
| D15 | Apartment | Two bedroom, first floor apartment with balcony. Available with shared ownership. | £267,500 | Find out more |
| D22 | Apartment | Two bedroom, second floor apartment with balcony. Available with shared ownership. | £270,000 | Find out more |
| E7 | Apartment | One bedroom, ground floor apartment with balcony. Available with shared ownership. | £205,000 | Find out more |
Site plan
Shared ownership FAQs
Shared ownership is a great way to get onto the housing ladder if you can't afford the full purchase price of your home straight away.
With shared ownership you purchase an initial share of your home, between 25% and 75% of the property’s value and then pay a rent on the remaining share. It’s a simple and cost effective way of owning your own home.
Even better, because you are buying a share of the property the deposit you need to have saved is smaller too.
If you wish to in the future you can decide to buy further shares in your home in stages or all at once, this is called staircasing.
You can apply to buy with shared ownership if:
- You are a first time buyer
- You are an existing shared owner moving to another shared ownership home
- You have previously owned a home but needs help buying a new one
- You have a combined household income less than £80,000
- You are able to afford the mortgage, rent and service charges
This will vary depending on your circumstances. An Independent Financial Advisor will carry out a financial assessment and affordability calculator to determine the exact share you can afford to buy. They will also carry out a basic affordability check with the most appropriate lender, to ensure you are able to secure a mortgage to assist with your purchase.
Absolutely. You can choose to increase the amount you own gradually, until you own 100%. The cost of the additional shares will depend on the current market value of your home at the time you wish to buy more. By doing this you reduce the rent you are paying as you buy more of the home.
You will have a shared ownership lease which tells you your rights and responsibilities which include being responsible for the maintenance and repairs on your home as well as paying your rent, service charges and your mortgage payments.
Contact our Sales Team at your nearest development who’ll talk you though the scheme, answer any questions you may have and even help you to purchase a beautiful new home.
Location
Brooklands Square is located just 50 miles outside London in Milton Keynes. It’s just over a two mile journey to Woburn Sands Station which takes you directly to London in just over an hour.
Just minutes away lies Lautier Park where kids can safely play in the playpark or run around in the open space. There are woodland walks to enjoy with the whole family, partner or furry friend and acres of green space to explore in Brooklands and beyond.
For families looking to live within easy reach of great schools, homes at Brooklands Square are within the catchment area for Brooklands Farm Primary School. For older children, Walton High’s Brooklands Campus opened in 2016 providing our local families with a £25million state of the art learning environment.
Latest news
Speak to us
Coronavirus: our sales office and show homes are open.
Please note viewings are by appointment only.
Please email us: sales@brooklandsmk.co.uk