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The DevelopmentWe will soon be releasing the next phase of our Saxon Fields development in Skegness, register your details to find out more!We are excited to be offering 3 bed semi detached houses for Shared Ownership. Ideally situated in the seaside town of Skegness, these houses are due for completion in Spring 2023 (please note this is a guide only). These properties will benefit from a 10 year build warranty.Skegness is a popular seaside resort and has good selection of shops, a post office, numerous doctors and a hospital. It has its own railway station and excellent bus routes.The PropertyWe will have ten 3 bedroom semi detached houses.Prices***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