Three bedroom homes

Colebrook is conveniently located close to a variety of schools, making it a great option for families with children of all ages. Chelmsley Wood offers several primary education options, including Bishop Wilson Church of England Primary School on Craig Croft and Coleshill Heath School on Lime Grove. Both schools serve local families and provide accessible options for those looking to settle into the area.

For families with older children, Chelmsley Wood also offers secondary education options, including John Henry Newman Catholic College on Chelmsley Road, which caters for students aged 11 to 16. Nearby Smith's Wood Academy on Windward Way also provides secondary education for children aged 11 to 16, giving families a choice of schools within easy reach of Colebrook.

With convenient access to the M6 and M42 motorways, residents of Colebrook can easily travel to Birmingham, Solihull, Coventry and surrounding towns and cities. The nearby A452 and A45 also provide excellent road connections across the West Midlands, making Colebrook a great location for those commuting or travelling further afield.

For those who prefer public transport, Birmingham International railway station is just a short drive from the development, offering regular train services to Birmingham New Street, Coventry, London and beyond. Local bus services also connect Chelmsley Wood with Birmingham, Solihull and neighbouring areas, providing convenient alternatives for everyday travel. Birmingham Airport is also within easy reach, offering a wide range of domestic and international flights.

Chelmsley Wood offers a fantastic range of local amenities for everyday living, making Colebrook a convenient place to call home. Residents can enjoy a variety of shops, supermarkets, cafés and leisure facilities, all within easy reach of the development. The nearby Chelmsley Wood Shopping Centre provides a selection of high street retailers, grocery stores, pharmacies and other essential services, making everyday shopping simple and convenient.

For those looking for a wider shopping experience, Solihull town centre is just a short drive away and is home to the popular Touchwood Shopping Centre, offering a fantastic selection of high street brands, restaurants and a cinema. Nearby Resorts World Birmingham also provides a variety of outlet shops, dining options and entertainment, while Birmingham city centre offers even more choice with the Bullring & Grand Central shopping centres.

For those who enjoy dining out, Chelmsley Wood and the surrounding areas offer a variety of cafés, takeaways, pubs and restaurants to suit different tastes. Nearby Marston Green and Coleshill provide additional places to eat and socialise, while Solihull and Birmingham offer an even wider selection of independent restaurants, popular chains and lively dining destinations. With plenty of shopping, leisure and entertainment options nearby, Colebrook is ideally located for enjoying everything the area has to offer.

Most buyers who can’t afford to buy a home outright can apply to buy through shared ownership.

We may also be able to help if you need to move because of a relationship breakdown or if your work requires you to live in an area outside your price range.

In order to buy through the Shared Ownership scheme, you must be able to demonstrate that you can afford and sustain home ownership. If you proceed with Shared Ownership you will be required to undertake an affordability assessment.

You must meet our adverse credit policy, if you have a history of adverse credit you are unlikely to be accepted depending on individual circumstances.

Shared owners still have to pay many of the usual costs involved in buying a home.

Reservation fee

We will ask you for a £250 deposit to reserve your chosen home. When the sale goes through we put this towards your purchase payments. However, we cannot refund it if the sale does not go through.

Mortgage deposit and fees

Most mortgage lenders will ask for a 5% or 10% deposit towards the price of the share you want to buy. They are also likely to charge a valuation fee and administration fees.

Legal fees

Solicitors’ charges can vary so it is best to get a few estimates. You will also have to pay Land Registry and local search fees, and may have to pay stamp duty depending on the value of the property.

After you've moved in

You also need to budget for the ongoing costs of owning a home.

Mortgage repayments

You will have to make monthly mortgage repayments to your lender. Depending upon the type of mortgage you have, these repayments may vary as interest rates change.

Rent

You pay a subsidised monthly rent to us on the share of your home which we own. The amount is reviewed on the 1st April each year.

Service charges

You will have to pay a small charge if your home has any facilities or communal areas which we maintain, such as shared entrance halls, lighting and grounds. Your service charge will also include your buildings insurance and your management fee.

Household bills

These include your council tax and utility bills for water, gas and electricity.

Repairs

We will arrange for any defects on new-build homes to be repaired during a set time period. After that time has elapsed, you will be responsible for arranging and paying for all repairs to your home.

Home contents insurance

We provide buildings insurance with the cost of your service charge but this does not cover your belongings. We strongly recommend you arrange your own home contents insurance.

Much will depend on your other financial commitments and what property/share you want to buy. We don't want you to be overstretched, so we need to be sure that you can afford to pay your mortgage and rent. We look at each application individually and will advise you on your options.

Shared ownership schemes are backed by government funding to help people on smaller incomes. So you will not qualify for most shared ownership schemes if your household income is less than £10,000 or more than £80,000 a year.

On the property listings for some of our shared ownership homes, you will see that we state a local connection to the area is required.

This generally applies in rural areas and small villages where land has been made available specifically for affordable housing to meet the needs of local people, rather than for private development.

These are known as ‘rural exception sites’ or 'protected areas' and are controlled by ‘Section 106 Agreements’. They aim to help local people and families afford homes in the area where they grew up.

The local connection criteria can vary between different developments, but is usually based on the following:

applicant was born in the area and has lived there for a number of years

applicant has permanently lived in the area for a number of years

applicant used to live in the area for a number of years but had to move away because of the lack of affordable housing

applicant has been permanently employed in the area for a number of years

The number of years is usually between 2 and 5, although this differs by local authority

Usually priority is given to applicants with a local connection to the parish. If there are still properties remaining, allocation will be opened up to surrounding parishes and then to the whole of the local authority area. This ensures that the homes are occupied by residents as local to the area as possible.

If you want to find out more about the local connection criteria for a particular development, or check if you qualify, please email sales@platformhg.com

Yes you can, once you have moved into your Shared Ownership property, providing you can afford it, you are able to buy more of your home through the process of Staircasing.