The UK's most up-to-date social housing and public sector news website
Some of the properties at Pavilion Place
More from Orbit First Step
- Fantastic News For Would-Be Home-Owners in Maidstone
- Showhome Offers Insight Into New Homes In Rugby - Launch Event Saturday 27 March
- Discerning Buyers Expected To Snap Up New Homes In Diss
- Quarter Of New Affordable Apartments Already Sold At Boleyn Court
- Duo Of Low-Cost Homes Highlighted At Earl Shilton Open Event - 27 February
Advertisement
If you are keen to purchase a home of your own this year but have been struggling to find somewhere that’s affordable in the region, then you won’t want to miss this opportunity. Orbit First Step has just one remaining property at the Pavilion Place development on Cantium Place in Snodland and it could be yours for just £87,500 under the New Build HomeBuy scheme.
The scheme enables buyers to purchase a share of the property. Most purchasers will need to raise a mortgage to purchase their share and then pay a subsidised rent on the remaining share. A minimum 50 per cent share on this house costs £87,500 and it is estimated that you would need a household income from £30,254 to afford it. You can also ‘staircase’ - purchasing additional shares in the future, if you wish, until you own the property outright, just as you would if purchasing through a conventional mortgage.
Not only is the 2-bedroom home affordable, but it also comes complete with a fitted kitchen, including a washing machine, fridge freezer, gas hob and electric oven, as well as fitted carpets (vinyl flooring to wet areas), a private garden and shed.
Sales and Marketing Manager, Diane Webster said: “This house represents fantastic value for money and the New Build HomeBuy scheme offers a viable way for those in housing need to step onto the property ladder. Affordable homes in this area are hard to come by so if you are interested in becoming a homeowner, then we’d love to hear from you. The property is available to anyone with a connection to the area – whether they live, work or have a family connection in Tonbridge and Malling, and who is in need of affordable housing. You could be a Key Worker, a First Time Buyer, or in need of a new home following a relationship breakdown. As long as your household income is less than £60,000 we may be able to help you.”
For further information on the two developments, please call a member of the sales team on 03458 50 20 50 or visit www.orbitfirststep.org.uk.
