09 Jan 2025
First Time Buyers in Winchester to Pocket £6k in 2025

Sovereign Network Group

Hampshire first-time buyers looking for a new home in 2025 have the chance to pocket £6,000 cashback* when they buy at Knights Quarter with Sovereign. The high-quality homes form part of a stylish growing neighbourhood in the heart of Winchester, just a ten-minute walk from the historic city centre. Available with Shared Ownership, they require only small deposits, meaning buyers can pick up their perfect property with a 5% deposit from as little as £3,438.

The New Year is often a time to take stock, financially. After the expense of Christmas, which saw per capita spending of £902.46 on average in the South East, any boost to finances feels like a welcome gift. Sovereign is recognising this with the relaunch of its popular £6,000 cashback incentive.

The £6,000 takes the form of cashback payable after completion, with no restrictions on what the buyer can use the money for.  This could range from covering moving costs or legal fees to household essentials such as new furniture or soft furnishings!

Lisa Moran, Sales and Marketing Director at Sovereign, comments: “Moving house can be costly and stressful. Our goal is to help buyers recoup some of the cost while removing some of the stress. It means they can focus on enjoying every moment in their superb new home at Knights Quarter.”

Its outstanding central location has already made Knights Quarter popular with buyers wanting a home in the heart of Winchester. Now, this thriving established community has a selection of one-bedroom apartments available to purchase through Shared Ownership. Under the scheme, buyers own a share in their new home, while paying a subsidised rent to Sovereign for the remaining share. As and when circumstances allow, buyers then have the option to purchase additional shares up to 100% ownership if they wish, through a process known as 'staircasing'.

Shared Ownership means buyers only need a deposit based on the share they are purchasing. This means 5% deposits start at just £3,438 at Knights Quarter, providing exceptional affordability for local first-time buyers.

Muddy Stilettos, in association with Knight Frank, named Winchester one of the best places to live in Hampshire and the Isle of Wight in 2025. The ranking emphasised Winchester's convenient commutability to London, excellent schools and impressive array of foodie hotspots – many of which are within walking distance of Knights Quarter. Rick Stein and Raymond Blanc both have eateries in the city, which is also home to The Ivy, Hotel du Vin, Kyoto Kitchen and local institution the Coffee Lab Academy. The selection of shops is just as impressive, with independent boutiques rubbing shoulders with quirky stores and offering a stylish range of gifts, homeware, fashion and everyday essentials.

Knights Quarter is already an established neighbourhood, providing a picturesque setting in which first-time buyers can set down roots. The stunning landscaped surroundings are home to equally impressive apartment buildings, with stylish, contemporary exteriors and interiors that feel both spacious and welcoming. The open-plan design serves well for both relaxing in comfort and entertaining, while the high-end finish includes stylish bathrooms and fitted kitchens, plus flooring and carpets throughout.

The remaining one-bedroom apartments at Knights Quarter provide a choice of layouts. Buyers can choose between U- and L-shaped kitchens, opt for a home with additional storage space or select an apartment with a covered terrace, providing their own private outdoor area.

Full details of the homes and the £6,000 cashback incentive are available at https://www.sovereignliving.org.uk/developments/knights-quarter-winchester or by calling Sovereign on 0300 330 0718.

*T&Cs apply. Offer valid on Knights Quarter development only, subject to availability, and for a limited time only. Cashback incentive, up to a maximum value of £6,000, which cannot be more than 5% of your share price, will be received as cashback after successful completion of the home to your bank account provided (please note there is a 7-10 working day lead time). Applicable to new reservations only. We reserve the right to withdraw this offer at any time.

-ENDS-

For further press information, please contact the Sovereign team at The Oracle Group on sng@oraclepr.co.uk or call 0208 394 2821