Discover brand new Shared Ownership homes in Fleet, Holbeach!

Platform is excited to be offering 2-bedroom bungalows as well as 2 & 3-bedroom houses in Fleet, Holbeach through Shared Ownership.

Fleet is ideally situated next to the market town of Holbeach in Lincolnshire, with this Shared Ownership scheme due for phased completions starting in June 2023 onwards (please note this is a guide only).

Holbeach is a beautiful market town filled with local amenities, making it ideal for families seeking shared ownership homes for sale in Lincolnshire. Some of the top amenities include:

• Range of Primary and Academy schools - all rated 'Good' by Ofsted
• Mix of highly recommended cafes, coffee shops, restaurants and bars
• Independent shops, high-street outlets, gyms and leisure centres
• Excellent transport links just 8 miles from Spalding, 17 miles from Boston and 23 miles from Peterborough

The Fleet Road scheme will include 2 and 3-bedroom semi-detached houses for sale, 2-bedroom detached homes and semi-detached bungalows. All of these are available through affordable home ownership schemes including shared ownership in Lincolnshire.

Please note that Plots 1 - 5 require a local connection to South Holland.

Prices

Please see plot listings.  

Council Tax (TBC): Due to these properties being new builds and not being previously occupied the council tax and banding has not yet been set.

Service Charge: A service charge will be charged against the property and is paid monthly with your rent payment.  The service charge is reviewed on an annual basis on April 1^st.  This will include Buildings Insurance, management and any communal/estate charges that may be covered (if applicable). There will be a service charge, still to be confirmed, for the maintenance of the communal areas. Please contact your sales consultant for details.

Ground Rent: Not applicable

Homes England Key Information Document: Please download and read through our key information document for this property. This will include pricing details, eligibility and some lease information.

What are the next steps for Shared Ownership at Fleet Road, Holbeach?

1. For further information, please download our brochure below.
2. To apply now, please contact Platform Home Ownership via sales@platformhg.com. The relevant sales consultant will then send you an application form to complete.
3. Upon receipt of your application, we will refer you for an affordability assessment to determine the most affordable share for you.
4. Once you have passed the affordability assessment, we will then be in contact to confirm the availability.
5. If there is a suitable property we will then issue out your offer letter and advice on how to pay your £250.00 reservation fee for your new home.

Why choose Shared Ownership in Lincolnshire with Fleet Road, Holbeach?

Shared Ownership is a fantastic opportunity if you're unable to purchase a home on the open market. It allows you to buy a share in a property on a part buy/part rent basis and pay a subsidised rent on the part that you do not own.

Over time, you can purchase more shares in your property – this is known as ‘staircasing’. This can be done at any time after initial purchase and it will reduce the amount of rent you pay, as the share of the home that you do not own will have got smaller.

We will offer shares between 25-75% of the property value depending on the outcome of the affordability assessment. The higher the share you purchase, the lower your rent will be. You will need to be able to obtain a mortgage for the share you want to purchase unless you have sufficient funds to enable you to purchase a share outright.

Deposit amounts will be lower than purchasing a property on the open market, plus the combined cost of mortgage payments and subsidised rent is often cheaper than privately renting in the area.

For more detailed information and your obligations in relation to shared ownership please download our ‘Guide to Shared Ownership’.

Am I eligible for Shared Ownership in Lincolnshire?

Shared Ownership uses the following criteria to help people to get onto the property ladder:

• Maximum annual household income of £80,000.
• Unable to purchase a home suitable for your needs.

Please visit the Homes England website for further guidance using the Homes England Eligibility Checker.

*Please note some images are typical and should be used as a guide only