Ellery Corner, Holsworthy, Devon, EX22

Become part of a community when you move into a brand new home in Holsworthy, a vibrant market town in Devon surrounded by green rolling hills and wooded valleys. The town has transport links to Exeter, Barnstaple and Bude and is a great place from which to explore the north coasts of Devon and Cornwall and the national parks of Dartmoor, Exmoor and Bodmin Moor. The town benefits from a primary school and community college.

These homes are currently being forecast for build completion for Winter 2025/2026. However, please note this is estimated and could still change.

Shared Ownership with LiveWest - A fantastic opportunity!

A great way to get on the property ladder with a smaller deposit (from as little as 5%) and mortgage.

Buy a share of your new home (from 40%, depending on affordability) and pay reduced rent on the rest. You can increase your share over time (“staircasing”), reducing your rent until you own outright.

Plot 24, to be known as 40 Ellery Corner, Holsworthy is a newly built 2 bedroom end-terrace family home with modern fixtures and fittings and excellent facilities including a good-sized rear garden and two off-road parking spaces. Heating is provided via an air source heat pump and there are solar PV panels.

Homes Available:

Plot 20 (99.2m2) - 3 bedroom mid-terrace house with 2 parking spaces - 40% share: £124,000; Rent: £387.50; Service Charge: £24.13; Building insurance: £14.82; Sinking Fund: £0.93

Plot 21 (99.2m2) - 3 bedroom end-terrace house with 2 parking spaces - 40% share: £126,000; Rent: £393.75; Service Charge: £24.13; Building insurance: £14.82; Sinking Fund: £0.93

Plot 24 (79.6m2) - 2 bedroom end-terrace house with 2 parking spaces - 40% share: £104,000; Rent: £325.00; Service Charge: £24.13; Building insurance: £14.19; Sinking Fund: £0.93

Eligibility:

Household income under £80,000.

Unable to buy a suitable property on the open market.

Savings/funds for deposit, legal and moving costs.

Must not currently own another home (unless sold subject to contract).

Local Connection Requirement – Priority Applicants:

To be eligible, applicants must have a connection to Torridge District. This can be demonstrated in one of the following ways:

You (or another adult in your household) have lived in Torridge continuously for the last 5 years, or for at least 5 years out of the last 10.

You have a close family connection in Torridge (parent, guardian, child or sibling) who has lived in the area for at least 5 years.

You (or another adult in your household) have been in permanent employment in Torridge for at least 16 hours a week for the last 5 years.

If no suitable applicants with a Torridge connection are found within 12 weeks of marketing, then applications from those with a local connection to Devon will be considered.

How it works:

Apply for your chosen home.

Complete an affordability assessment via New Homes Mortgage Helpline.

LiveWest confirms eligibility and final approval.

Shared Ownership with LiveWest makes home ownership more affordable, with full support along the way.
These units will form part of the Ruby Meadow development located along North Road, Holsworthy.