Fen Road, PE12

We are excited to be offering 3 bedroomed semi detached houses for Shared Ownership in the market town of Holbeach available now. These properties benefits from a 10 year build warranty.

The Development

Holbeach is a bustling and attractive fenland town, situated in the South Holland district of South Lincolnshire. Surrounded by countryside and pretty villages.

Holbeach is only 3 miles away has two primary schools, Holbeach Primary Academy and William Stukeley Church of England Primary School. It also has a secondary school, University Academy Holbeach.

Transport Links

Holbeach is located just 8 miles from Spalding which offers more supermarkets and great
transport links via bus and train.

If you need to commute to work by car the A151 and A17 junction is situated nearby.

Amenities

You can find a wide selection of restaurants, pubs and take away's.


The Property

THE AIRE

These properties briefly comprise of an Entrance Hall, downstairs WC, Kitchen/Dining Room with and a modern fitted kitchen. Separate lounge. To the first floor, there are two double bedrooms, one with en-suite and one single bedroom. Additional benefits include allocated parking for two vehicles and an enclosed rear garden. These houses also come fully carpeted.


Why Choose Shared Ownership in Holbeach?

Shared Ownership is ideal if you're unable to buy a home on the open market - it provides the opportunity to buy a share in a property on a part buy/part rent basis, meaning you pay rent on the part you don't own.

Over time, you can then buy more shares in the property via a process known as staircasing. This can be done at any time, meaning you have complete flexibility over your own home ownership.

With Shared Ownership, deposit amounts are typically lower than purchasing a property on the open market and the combined cost of mortgage payments - plus rent - is often cheaper than privately renting in the area.

To take advantage of the Shared Ownership scheme, the following criteria must be met:

You must have a 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*

*if you already own a home, in order to apply for Shared Ownership, you must be Sold Subject to Contract

Homes at this development can be purchased between 10% - 75% of the property's full market value. You are able to buy more of your home through the Staircasing process, please contact us to discuss your options.