College Close, Thame - New Property Development

College Close is a stunning collection of new homes in the country town of Thame. Within this development, A2 are able to offer 2 one bedroom apartments and 8 two bedroom apartments on a New Build HomeBuy (shared ownership; part rent, part buy) basis. Conveniently located to the north of the town, and adjacent to the impressive listed buildings of the old Ryecote College, the apartments at College Close have been built to stringent standards and make maximum use of available living space.

Please check current availability

How does New Build HomeBuy work?

New Build HomeBuy (also known as shared ownership and part buy, part rent) is a form of low cost home ownership which enables you to buy a proportion of a property. This means you own a share in the equity of that property using either a mortgage and/or savings, and pay rent on the part you do not own. At a later stage, you may buy further equity if you wish to do so (this is often referred to as 'staircasing').

You will be able to buy a share of the property based upon a qualified valuer's valuation. The minimum initial equity on a property is dependent on a range of factors including current property prices and affordability in a particular area. The share is likely to fall within a range of 25-50%.

The proportion of the rent you pay is dependant on the percentage you do not own. For example, if you purchase 40%, you pay rent on the remaining 60%.You can, if you wish, staircase to full ownership or you can remain a New Build HomeBuy owner. However, even though you only own a percentage of the property, you will have the normal rights and responsibilities of a full home owner.