Saxon Court, Basingstoke

It is proposed there will be 43 homes:

• 23 one-bedroom apartments
• 20 two-bedroom apartments

Sovereign Housing Association will be using the land to build much needed quality homes for shared ownership and affordable rent.

Shared Ownership is a housing scheme designed to help homebuyers who are unable to afford the cost of buying a property outright on the open market. Shared Ownership gives buyers the opportunity to purchase a share in a new build property.

Also referred to as part buy/part rent, shared ownership allows buyers to purchase a share of a home – usually between 25% and 75%. Purchasers will pay a mortgage on the share that they own, and rent to Sovereign on the remainder, along with any service charge and ground rent.

We plan on submitting a planning application in 2022 with a view to commencing work on site late in 2023. The new homes would be ready for occupation in 2025-26 These timescales are all subject to planning approval being obtained.

Each of the homes will have one allocated parking space and room for one bicycle in the lockable bicycle store.

We understand that having construction activity nearby can be inconvenient, but we’ll work to minimise any disruption to the surrounding area. We are committed to working closely with the local community to understand any concerns you may have.

Sovereign has considerable experience of working within communities and is part of the Considerate Contractors Scheme – a national initiative which means that the site will be monitored against a code of considerate practice. Our appointed contractor will put in place detailed plans to manage safety in and around the site. These plans will consider the impact of construction traffic, working hours on site, parking for construction workers and site security.

It is important to us that the contractors we employ maintain a safe, secure and tidy environment at all times. Any issues or concerns can be raised directly with the site management team or via Sovereign.