- 10 year build warranty
- Allocated parking
- Double glazed windows
- Downstairs W/C
- Family bathroom with shower over bath
- Allocated Parking
- Not wheelchair adapted
Part of the Watery Lane, Newent development
Platform Home Ownership are working with Tricas Construction to bring you a selection of 2 and 3 bedroom new homes in the market town of Newent, Gloucestershire.
This bustling market town has a long history which reaches all the way back to Roman times and boasts over 100 listed buildings and is filled with local, independent shops. There is also nature on the doorstep with Newent Lake and Newent Arboretum in the town.
Just 25 minutes away is Gloucester, with an array of shops and restaurants as well as it's historic Cathedral.
Please 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 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 also 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 onto the property 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