The Meadows, Shared Ownership

About Shared Ownership

With shared ownership, you’ll purchase a share of your home which will be subject to your individual affordability. You’ll then pay rent on the remaining share owned by Longhurst Group – the housing association. This means you’ll have lower monthly payments than you would with a traditional mortgage, making it a great option for first-time buyers or those needing to downsize.

But that’s not all! If your affordability or circumstances change, you have the opportunity to purchase additional shares in the property, this is called staircasing. It is possible to staircase up to 100% ownership of the property when affordable for you to do so.

All properties on this development that are for sale with The New Homes Agent are available to purchase on a shared ownership basis only, with shares between 25% and 75% being made available dependent on plot and availability.

Share Breakdowns and Plot Availability

Please see individual listings for share breakdowns and plot availability.

Shared Ownership Criteria

In order to submit an application for a shared ownership home, you’d need to consider the following criteria.

Do you have a local connection to West Lindsey?
Do you currently own another property that is being sold?
Is your total combined household income within £80,000 per annum?

For further details on whether you would be eligible for one of these homes, please contact The New Homes Agent.

Location

For the exact location please use the What3words code: ///dividers.overlaps.forum
https://what3words.com/dividers.overlaps.forum

Located within just 5 miles of Lincoln, with easy access to the city centre via the A46, The Meadows in Dunholme has easy access to local amenities including a Co-op Foodstore and village hall.

Computer Generated Images / Visualisations

External computer-generated visualisation images (CGI’s) are given as a guide only and cannot be relied upon for 100% accuracy. Buyers are advised that completed homes may differ slightly in appearance once built and so all images, sizes, design and plans are given for guidance purposes only. The developer reserves the right to make amendments to the design and specification throughout the build.