Laurus Homes has released phase two of Egerton Rise in Partington, its popular new development in Trafford.
All 22 of the two, three and four bedroom homes are now available exclusively for Shared Ownership, which offers homebuyers a chance to buy a share of a home (between 25 and 75 percent) and pay rent on the remaining share until the home is owned outright if the buyer chooses.
Zac Worthington, Senior Sales Manager for Laurus Homes, said: “We choose our locations very carefully and Partington has proved to be an extremely popular destination for first-time buyers and families. It has superb rural surroundings, easy-to-access transport links and is close to Sale, Altrincham and Lymm.
“Shared Ownership for Laurus is simply another way you can purchase a home, without compromising on the quality. Deposits are also generally much lower – a minimum of five percent of the share purchased – which removes the barrier to home-ownership that many people face.”
With Shared Ownership, a five percent deposit could be as little as £3,962, based on a buyer purchasing a 50 percent share at £79,250 on a £158,500 property (with monthly rent at £181.61)
Homes released for sale on phase two of Egerton Rise include:
The Hawthorn, a two bedroom semi. Prices from £79,250 based on a 50 percent share, with a low deposit from £3,962 (monthly rent £181.61)
The Birch, a three-bedroom semi. Prices from £100,000 on a 50 percent share, with a low deposit from £5,000 (monthly rent £229.17)
The Oaks, a three bedroom detached. Prices from £102,250 on a 50 percent share with a low deposit from £5,112.50 (monthly rent £234.32)
The Warburton, a four bedroom detached. Prices from £115,000 on a 50 percent share with a low deposit from £5,750 (monthly rent £263.54)
Only a handful of homes remain on phase one of Egerton Rise, which is already 80 percent sold.
Find more information on Egerton Rise here or call 0161 968 0300.
Click here for individual plot pricing or visit www.helptobuynw.org.uk for more info on eligibility.