Ellison Place - Boultham Park Road, Lincoln
3 bedroom semi-detached | Price: TBC | Shared Ownership up to 75%
Longhurst Group are pleased to announce this unique opportunity to purchase a 2 or 3 bedroom home through our Shared Ownership Scheme. Ellison Place is ideally located just a stones throw away from the city of Lincoln with fantastic amenities close buy. The historic Boultham Park, which boasts 50 acres of gardens is also just a short walk away.
What do you have? We will have 13 x 3 bedroom homes and 6 x 2 bedroom homes available for shared ownership.
How much can I purchase? You'll be able to purchase between 45% - 75% initially.
How much will it cost? As the development is still quite early on in construction we won't release prices until later on. This ensures that our prices are in line with the current market values.
What about a deposit? This will depend on the requirements of your lender but usually it will be between 5%-10% of the value of your share and not the entire market value.
And what about other charges? There will be a small management fee which covers things like your buildings insurance and any applicable service charges.
When will the properties be available? We're hoping the first homes will be ready in the Spring of 2020, however once we're further into construction we'll be able to announce more accurate dates.
The important stuff: Interested? Why not register with Help to Buy to see if Shared Ownership is right for you. Just follow the link below and it will take you straight to the Help to Buy website. Don't worry as registering for Help to Buy doesn't mean you have an obligation to purchase a home, it simply lets us know whether or not a Shared Ownership is right for you. So even if you decide that Ellison Place isn't for you, we'll know that you're suitable for our other Shared Ownership schemes.
You'll need to make a note of your reference so that we can access your application as well as enquiring with us direct to make sure you don't encounter any unnecessary delays. (Please remember to quote Longhurst Group in your application.)
Please note priority may be given to applicants with a local connection.
Pictures shown are from a previous development with Lindum Homes and are intended to show decorative potential therefore cannot be relied upon for an accurate representation.