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Shared ownership deals to help first time buyers



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Published Date: 15 July 2008
A SHARED ownership scheme is available in Fleetwood to help first time buyers on the first rung of the property ladder.

The scheme is being offered on properties at Linton Mews, off Chatsworth Avenue, and means that residents can secure a mortgage on a minimum of 75 per cent of the market value and pay rent to landlord Reganda Group on the remaining share.

They can continue to rent the rest of the share until they are in a position to own the home outright.

This is an affordable opportunity in a financial climate where first times buyers struggle to secure mortgages.

The properties at Linton Gardens have spacious lounge areas with versatile, open plan dining kitchens They lead out the rear garden with decking and garden sheds.

Carole A Rose, Sales Manager at the Regenda Group said: "The Linton Mews development provides the perfect opportunity for local people to get a foot on the housing ladder and purchase an affordable, good quality home at a time when property prices are high."

There are currently three bedroom homes available for sale at Linton Mews, Chatsworth Avenue, Fleetwood. Prices start from £77,250 for a 75 per cent share with market rent for the remaining 25 per cent share at £59.01 per month.

For more information and to view the showhome please contact the sales office, open Friday and Saturday 10.00am- 4.00pm or contact (0151) 7072151 available daily or log onto www.regendahomes.org.uk.

The full article contains 255 words and appears in n/a newspaper.
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  • Last Updated: 15 July 2008 3:27 PM
  • Source: n/a
  • Location: Fleetwood
 
 

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