Available

The Grange, Desborough

A selection of 2 and 3 bedroom homes available with Shared Ownership in Desborough, Northamptonshire.

Prices from £100,000 For a 40% share

Available properties

A collection of two and three bedroom homes now available through Shared Ownership in Desborough

The development

The Grange is a brand-new collection of two and three-bedroom homes in Desborough, Northamptonshire, all available via shared ownership. 

Carefully designed to meet the needs of a modern lifestyle, The Grange is built to a high specification, with spacious rooms, ample storage and high quality fixtures and fittings throughout.

With a history in manufacturing, Desborough is a fast-growing town full of amenities that make it ideal for families, including accessible transport links to larger destinations nearby, strong local schools, a low crime rate and plenty of beautiful Northamptonshire countryside just moments away.

The Grange is a fantastic opportunity to buy in an emerging destination, especially if you're currently looking to buy new build homes in Northamptonshire.

  • 10 year build warranty
  • Amenities Nearby
  • Countryside Location
  • Schools Nearby
  • Transport links

The Grange, Desborough Site plan

Status

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The Grange Development Brochure

For full availability, house types and pricing at the The Grange development, download the development brochure.

Download development brochure

A brand new home

Interior Bathroom CGI
Internal CGI - Bedroom

for you to make your own

Explore Desborough, Northamptonshire

Desborough is a town in Northamptonshire with a rich heritage in manufacturing and agriculture. Over the years, it has rapidly grown into a destination ideal for commuters seeking rural charm, offering a fantastic blend of connectivity, strong local schools and low crime rates.

Its position near both Market Harborough and Kettering means it's well-positioned for people that are working further afield in destinations such as Birmingham, Coventry, Milton Keynes or even London, but want to live somewhere with a more laid-back, welcoming environment.

The town has a number of local amenities to make everyday living a breeze, including supermarkets, independent shops, cafes and pubs, all of which are being improved thanks to a significant programme of inward investment that is creating state-of-the-art facilities for residents.

Market Harborough is around 10 minutes away and offers a broader range of amenities including leisure facilities, entertainment, bars, restaurants and an overall more vibrant environment. It's this blend of locations that ensures residents have the best of both worlds, whether they're looking for a peaceful space away from work or something more exciting to do on the weekend.

Desborough, and the wider area, is frequently recognised as one of the best places to live in the UK, which makes it a highly desirable option for buyers seeking shared ownership in an emerging market.

Local Area Information

There are 16 primary and secondary schools around the Desborough area, 14 of which are rated either 'Good' or 'Outstanding' by OFSTED. The two closest schools to the development are Havelock Infant & Junior School, the former of which is rated 'Outstanding'.

In terms of higher education, the nearest university is the University of Northampton, which offers a range of undergraduate, post-graduate and doctoral degrees.

Desborough is incredibly well-connected thanks to its positioning in the area. Market Harborough and Kettering are both around 10 minutes away, which provide access to larger destinations thanks to London and East Midlands Railway lines.

The nearest main roads are the A6 and A14, which provide access to nearby villages as well as the aforementioned larger towns.

The nearest airport is East Midlands Airport, which is around 50 minutes away and offers direct links to key international destinations.

There's plenty of everyday amenities in and around Desborough for residents at The Grange, including restaurants, local takeaways and cosy pubs. Highlights include Shoulder of Muxton Foxton and The R Inn, which offer gastropub and tapas menus respectively. 

While it's a rapidly growing town, Desborough features plenty of rural charm and green spaces, including walking trails, parks and The Millenium Green.

For a broader array of everyday amenities, nearby Market Harborough and Kettering have leisure centres, gyms and a vibrant nightlife if you're looking for something to do of a weekend.

Am I eligible?

Shared Ownership uses the following criteria to help people get a foot on the housing ladder:- Maximum annual household income of £80,000 

One of the following statements must also be true: 

  • You’re a first-time buyer
  • You used to own a home but can’t afford to buy now You’re forming a new household - typically after a relationship breakdown
  • You’re already part of the Shared Ownership scheme but want to move
  • You own a home and want to move but can’t afford the new home that meets your needs

Use the Shared Ownership mortgage calculator to estimate the cost of buying this home

Next Steps

1

Information

For further information, please download our brochure below.

2

Enquire

Please submit an enquiry to Platform Home Ownership and the dedicated Sales Consultant for the development will make contact with you.

3

Apply Now

The Sales Consultant will send you the application form for you to complete. Please return the completed form back to us via email to sales@platformhg.com .

4

Affordability

Upon receipt of your application and once approved we will refer you for an affordability assessment to determine the most affordable share for you.

5

Availability

Once passed, we will then send you an offer letter for your chosen plot where possible


 

Available properties

Frequently asked questions

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.