Ethos Public Relations Manchester

Affordable homes now available in Clitheroe

by Ethos public relations

Contour Homes and Ribble Valley Homes, both part of the Symphony Housing Group, are working together to deliver a £2.1 million affordable housing scheme in Clitheroe.

Nicky Harris Project Manager for Symphony Housing Group said: “Contour Homes has developed the new properties at Primrose View which will comprise of 13 rented properties and 12 shared ownership properties. Ribble Valley will become the managing agent and the company is now asking anyone interested in the shared ownership properties, which will become available in January, to register their interest now.”

The homes available via shared ownership include 2-bedroom mews homes, which have been valued at £150,000. Local people can buy a minimum initial equity share of 25% for £37,500. These properties comprise a hallway, kitchen, cloakroom and open plan lounge-diner on the ground floor with two bedrooms and a family bathroom on the first floor.

The 3-bedroom properties have a market value of £160,000 and families can get a foot on the property ladder with a £40,000 investment, which represents a 25% equity share.

Buyers can purchase up to a maximum share of 75% on the properties and further shares can be purchased later to increase ownership to 100%. A rent is payable on the portion of the property that you do not own.

Nicky Harris adds: “In order to qualify for these sought after properties we have established a purchase criteria. This includes purchasers being 18 years old and over and in full time employment with a household income under £60,000 per annum.

"First time buyers living or working in the Ribble Valley area will take precedence over non first time buyers as we want to encourage local people on to the property ladder.”

The properties are built to a high standard and include fully fitted kitchens with gas hob, electric oven and extractor canopy with either white or walnut effect units. The family bathrooms have a fitted three-piece suite and each home has a rear garden and one allocated parking space at the front.

In addition, the properties are fitted with solar panels on the roof, which will reduce energy bills and help make the properties more cost effective to run.

Situated in a good position on the outskirts of Clitheroe and enjoying good long distance views across open countryside, local estate agency Atherton’s is confident these new homes will prove very popular. Martin McShane, director at Atherton’s said:

“Shared ownership is the best option for those who can’t afford to buy a home straight away. If you would like more details about these homes call 01200 420100 or register your interest at www.plumlife.co.uk and complete the online application form.”

To read other news from Contour Homes click here.

Posted at 3^rd November 2011