Coming Soon

The Thetford

Semi-Detached House

Part of the Prospect Place, Rushden development

Prices to be confirmed

Tenure

Rent To Buy

No of bedrooms

3

No of bathrooms

3

Council Tax Band

TBC

The property

Welcome to The Thetford a three bedroom semi-detached home within the Prospect Place development.

Upon entering the property you are greeted by an entrance hall with storage and a downstairs W/C, with direct access to the stairs. Downstairs is a open plan, Kitchen, Dining and living area leading to french doors to the back garden.

On the first floor you have a landing with a family bathroom, and two bedrooms and a storage cupboard. 

Lastly on the second floor you have a bedroom with an en-suit and storage cupboard.

Features and description

  • 10 year build warranty
  • Downstairs WC
  • Allocated parking
  • Double glazed windows
  • Family bathroom with shower over bath
  • Plumbing for washing machine

Shared Ownership Guide

A complete guide to Shared Ownership, for more information about the scheme and information around how it could be the ideal option for you, download the guide.

Download Guide
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Learn about the different routes to home Ownership

Emily

Shared Ownership Buyer

Routes to Home Ownership

Welcome to The Thetford

Interior Bedroom CGI
Platform Home Ownership Internal CGI

Coming Soon Through Rent to Buy

Local area information

Rushden has 32 schools either in the town or surrounding area - a mix of primary and secondary - with 72% of these rated either ‘Good’ or ‘Outstanding’.

While the town doesn’t have a train station - the nearest station is Wellingborough - it does have great road links and public transport options to nearby destinations including Bedford, Kettering and Northampton.

With a population of around 35,000, Rushden has an excellent mix of modern bars, restaurants and pubs, great schools, green spaces that are popular around the country and everything you need for day-to-day living on your doorstep.

f you’re looking for something to do, the always-popular Rushden Lakes offers both an incredible shopping experience as well as walking trails around beautiful natural spaces. If you’re into history more than shopping, you can visit the museum in the old railway station, visit Rushden Hall or explore the spots that trace back to a settlement over 10,000 years old.

As you’d expect, Rushden also has some great hotspots for a bite to eat as well as quaint coffee shops and cafes where you can relax.

Am I eligible?

Rent to Buy is the first step towards becoming a homeowner, use our latest calculator to work out how much you could
save towards purchasing your Rent to Buy property through Shared Ownership or Outright Sale after 5 years.
 

Check your affordability

The calculator will automatically work out how much you’d be saving through Rent to Buy, giving you a realistic 
idea of what your monthly savings could be.

Please note: Platform are unable to save on your behalf, however our calculator estimates the best saving amount based on the rental value of the property you are interested in.

Rent to buy calculator

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Homes at this development are available on the New Shared Ownership Model.
You can purchase between 10% and 75% of the property's full market value. Each home benefits from a 10 year repair period for essential repairs.
You are able to buy more of your home through the Staircasing process, where you can purchase shares in increments of 5%. There is also the option of the 1% Gradual Staircasing Model enabling you to purchase smaller shares each year.

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.

Frequently asked questions - Rent to Buy

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.

As your landlord, Platform Housing Group will carry out repairs and defects in your property; these can be reported directly to us. Please note we will not cover any damage.

An Assured Shorthold Tenancy will be granted, which will run on a periodic basis.

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