HELPING local people to get a foot on the property ladder without moving away, affordable new homes are now coming onto the market in Clitheroe.
Contour Homes and Ribble Valley Homes, part of the Symphony Housing Group, are working together to deliver a £2.1m. affordable housing scheme in Clitheroe.
Nicky Harris, Project Manager for Symphony Housing Group, said: “Contour Homes has developed the new properties at Primrose View, which will comprise 13 rented properties and 12 shared ownership properties.
“Ribble Valley Homes will become the managing agent and the company is asking anyone interested in the shared ownership properties, which will become available in January, to register their interest now.”
The homes available via shared ownership include two-bedroom mews homes, which have been valued at £150,000. Local people can buy a minimum initial equity share of 25% for £37,500. These properties comprise a hallway, kitchen, cloakroom and open plan lounge-diner on the ground floor with two bedrooms and a family bathroom on the first floor.
There are also three-bedroom properties which have a market value of £160,000 and families can get a foot on the property ladder with a £40,000 investment, which again represents a minimum 25% equity share.
Buyers can purchase up to a maximum share of 75% on the properties and further shares can be bought later to increase ownership to 100%. A rent is payable on the portion of the property you do not own.
Nicky Harris added: “In order to qualify for these sought after properties we have established a purchase criteria. This includes purchasers being 18 years old and over and in full-time employment with a household income under £60,000 per annum.
“First time buyers living or working in the Ribble Valley area will take precedence over non-first time buyers as we want to encourage local people onto the property ladder.”
The properties are built to a high standard and include fully fitted kitchens with gas hob, electric oven and extractor canopy with either white or walnut effect units. The family bathrooms have a fitted three-piece suite and each home has a rear garden and one allocated parking space at the front.
The properties are also fitted with solar panels on the roof, which will reduce energy bills and help make them more cost effective to run.
Enjoying good long distance views across open countryside at the edge of Clitheroe, local estate agency Atherton’s is confident that these new homes will prove very popular.
Martin McShane, director at Atherton’s, said: “Shared ownership is the best option for those who can’t afford to buy a home straight away. If you would like more details about these homes call 01200 420100 or register your interest at www.plumlife.co.uk and complete the online application form.”