Waltham on the Wolds

Two and three bedroom homes available through Rent to Buy or Shared Ownership.

Available
£640.00

Available properties

One two bedroom home available with Shared Ownership, and a collection of two and three bedroom homes available with Rent to Buy.
  • Amenities Nearby
  • Countryside Location
  • Local Connection Requirement
  • Schools Nearby
  • Transport links

The development

Platform Home Ownership is delighted to offer for shared ownership these two & three bedroom semi detached houses built by Burmor Projects in the village of Waltham on the Wolds.

The Village of Waltham on the Wolds is in the parish of Waltham on the Wolds and Thorpe Arnold within the Melton Borough. It lies some 5 miles north-east of Melton Mowbray and 11 miles south-west of Grantham and is on the A607.

Leicester Area

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Rent to Buy Brochure

Shared Ownership Brochure

Quality homes

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Interior Show Home

built with you in mind

Site plan

Status

Available

Sold/Reserved

Coming soon

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Local Area Information

A short walk away from the development is Waltham on the Wolds Church of England Primary School as well as Waltham Pre-School, meaning those with young children benefit from the close proximity to schools within the village. The primary school has recently been rated 'Good' by OFSTED following an inspection which took place in 2023.

Despite Waltham on the Wolds rural location, the A604 runs through the village providing excellent transport links to larger towns within Leicestershire including Melton Mowbray. 

Waltham on the Wolds lies between Leicestershire and Nottinghamshire, meaning that residents do not have far to travel to access both city centres.

With the high street being such a short walk away, residents of the development will benefit from close proximity to what the village has to offer. Including a post office, a local deli and a doctors surgery. There are also a few pubs to choose from, including The Horseshoes Inn - a 15th mid-century, listed building which offers plenty of food and drink options, as well as a cosy atmosphere. 

Next Steps

1

Information

For further information, please download our brochure.

2

Apply now

Please make an enquiry to contact Platform Home Ownership, the relevant sales consultant will then send you an application form to complete.

3

Supporting documents

Send your application form, ID, 3 months bank statements and pay slips (or P60) to sales@platformhg.com.

4

Availability

Once you have passed the credit reference check carried out by a third party letting agent, we will send you an offer letter to confirm your plot.

5

Options Agreement

We will ask you to sign an Options Agreement to confirm your intention to save a deposit and purchase your home when financially possible.

Available properties

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Frequently asked questions

The costs involved in a Rent to Buy scheme are similar to that of the traditional letting process. The upfront costs are as follows:

Deposit: You will have to pay the equivalent of five weeks rent as a deposit, which is then held in the Deposit Protection Scheme (DPS).

Rent: You will have to pay the rent for the remainder of the month from the start of your tenancy sign-up date, alongside one month’s rent in advance.

You may have to pay a reservation fee to reserve your property but this is typically deducted from the first month’s rent.

During your tenancy, you’re responsible for all of the utility bills associated with the property while you’re a tenant. This is generally council tax, water, gas, electricity and internet.

When you formally purchase the property as part of the Rent to Buy scheme, you’ll also take on the usual costs associated with purchasing a property - such as Stamp Duty, conveyancing fees, valuation fees and any administration costs such as the mortgage application.

The answer to this question depends on your own individual circumstances but if you have a good credit score and reliable income each year, Rent to Buy is a practical way of getting on the property ladder if you cannot save enough for a deposit.

The most important consideration is your personal timeline. While five years may be plenty of time for you to save, house prices could rise during that period which means you pay more. If you buy sooner, however, you have less time to take advantage of the discounted rental rate and build up your deposit.

You also have to consider availability. The availability of Rent to Buy properties depends on the local authority or housing association you’re working with. While the scheme offers many benefits, you may not have the same amount of choice as you usually would in the open market.

If you do find a suitable property, make sure that you’re truly happy with it if you’re considering Rent to Buy. This is a scheme designed for the long-term and if you compromise on area or size, you risk the success of your Rent to Buy agreement if you quickly outgrow it.

If an existing homeowner is experiencing exceptional circumstances - such as the breakdown of a relationship - then they’re eligible for the Rent to Buy scheme. In these exceptional instances, it’s down to the homeowner to demonstrate they're unable to purchase a home on the open market and require the support of Rent to Buy.

This depends on the scheme but generally, while you’re renting, repairs are taken care of by the housing association. It’s your responsibility, however, to keep the property in good order, ensure the property is well-maintained and the garden is cared for.

While you’re in the Rent to Buy agreement, any service charge is included in the rent. Once you purchase the property, however, you may have to pay a service charge which is discussed with you prior to the purchase.

The typical tenancy agreement that you will see on a Rent to Buy property is an Assured Shorthold Tenancy, which runs on a periodic basis.