Swaddale Avenue, Chesterfield
COMING SOON
We're building a 26-home development off Swaddale Avenue in Chesterfield, and 10 will be available to purchase with the help of shared ownership. There will be a mix of two and three bedroom homes including two two-bedroom bungalows. The first homes will be coming on the market this autumn.
We'll let you know more soon
Register your interest by completing the online enquiry form below. As soon as we have more information about the development and the homes on offer, you’ll be the first to know. In the meantime, learn more about shared ownership by reading further.
What is shared ownership?
Shared ownership is another way to buy your own home. You buy a percentage, and pay rent on the rest. The housing association owns part of it - but you're living there, you decorate it, and you decide when to sell.
Buying a percentage means a smaller deposit and smaller mortgage. It's a sooner first step on the ladder for lots of people. Usually, you can also carry on buying shares, to own it 100%.
The properties are sold on a 990 year shared ownership lease.
Who qualifies?
Anyone who does not currently own or part own a property and has a household income of less than £80,000 per year can apply.
How to apply
You will be required to complete an application form when we start advertising the homes for sale.
Your affordability will be assessed based on the information you provide on the application form. We'll make an offer based on the amount you can afford, between 25 - 75%. If your application is successful a non-refundable reservation fee of £350 is required to reserve your new home, this amount goes towards your deposit on completion.