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The DevelopmentWe will soon be releasing a new development in Holbeach, register your details to find out more!We are excited to be offering 2 & 3 bed houses and 2 bedroom bungalows for Shared Ownership. Ideally situated in the Market town of Holbeach, these houses are due for phased completions commencing August 2023 onwards (please note this is a guide only). These properties will benefit from a 10 year build warranty.Holbeach is a pretty market town which has many amenities for locals and visitors. These include restaurants, takeaways, schools and pubs. Holbeach is excellently positioned just 8 miles from Spalding which offers more supermarkets and great transport links via bus and train.Holbeach is also only 17 miles from Boston, 20 miles form Kings Lynn and 23 miles from Peterborough.Holbeach also has excellent nurseries and secondary schools.The PropertyWe will have 2 and 3 bedroom semi detached houses and 2 bedroom detached and semi detached bungalowsPrices***TBC***Next StepsPlease pre-register your interest for this development, we will contact you as soon as we have any further information.Shared Ownership is a fantastic opportunity if you're an unable to purchase a home on the open market. It allows you to buy a share in a brand new leasehold property on a part buy/ part rent basis and pay a subsidised rent on the part that you do not own. After the initial purchase it is possible to buy further shares and eventually own these properties outright. We will offer shares for sale normally between 25-75% of the property depending on how much you can afford to purchase and charge rent on the remaining share. The bigger the share you buy, the less rent you have to pay. You will need to be able to raise a mortgage for the share you want to purchase unless you have sufficient money to enable you to purchase without. The combined cost of mortgage and rent is often cheaper than privately renting in the area. Am I eligible?Shared Ownership uses the following criteria to help people to get a foot on the housing ladder: - Maximum annual household income of £80,000. - Unable to purchase a home suitable for your needs. Please note some images are typical and should be used as a guide only. Plans can change as the build progresses.