Why rent when you can buy at Abingworth Meadows?

Why rent when you can buy at Abingworth Meadows?

Just four shared ownership houses have been released at Abingworth Meadows, the impressive new village setting by Oakford Homes in Thakeham, and three were quickly reserved. 

The remaining, substantial 3 bedroom home is available on a part-rent part-buy basis through Home Reach, one of the largest home ownership programmes in the UK. 

The house is available on up to 50% shared ownership basis, enabling buyers to purchase a £399,000 house at £199,500 with a 5% deposit plus a mortgage and rent the remaining 50%. 

Buyers could decide on a 75/25 share basis if that suits them better and there’s flexibility to purchase further shares once they’ve moved in, which enables them to ‘staircase up’ until they own 100% of the property. 

“For people thinking of renting it makes sense to come and explore the option of shared ownership,” said Lesley McKay, sales consultant at Abingworth Meadows. “Three of the four houses have already been spoken for and we’re getting lots of interest on the final home, especially from couples and young families wanting to get a foot on the housing ladder.”

Abingworth Meadows is a great place to live for all ages, with a range of properties from well-designed 2 bedroom houses to substantial 5 bedroom family homes. 

The Home Reach houses are in The Betony house design which features a kitchen/dining room, living room which spans the full width of the property and has patio doors out to the garden, and three upstairs bedrooms. The master bedroom has an ensuite shower room and fitted wardrobes.  

“The houses are finished with contemporary kitchens and have lovely high ceilings for that extra sense of space,” said Lesley.  “And Home Reach means you can live in your home as if you’ve bought it outright, so you can redecorate and have the flexibility to sell and move at any time. 

“It’s well worth coming to have a look around and discuss all the buying options, and you could even be moving in to a new home here this autumn.”

For more information on Home Reach shared ownership and the new homes at Abingworth Meadows, contact the Sales & Marketing suite which is open daily from 10am to 5pm or call 01789 813071. Alternatively find out more online at oakfordhomes.co.uk or contact the selling agents, Fowlers.