Could you be taking your first step onto the property ladder with eastbrooke homes?

We are delighted to celebrate the successful reservation of a further four Shared Ownership homes in October at The Lower Acre. This is a fantastic milestone for customers looking for an affordable route onto the property ladder.

The homes were reserved within days of being released, showing just how popular Shared Ownership is with buyers who want a high-quality new home while keeping their purchase affordable.

7 of the 29 Shared Ownership homes at The Lower Acre phases 1 and 2 have now been reserved, with further releases coming within the next few weeks.

Our eastbrooke homes Sales Team, together with financial advisers from our partners at Fox & Sons, have been working closely with registered applicants to make the process as clear, supportive and straightforward as possible.

What is Shared Ownership?

Shared Ownership gives you the opportunity to buy a share of your home and pay rent on the remaining share. Because you only buy the portion you can afford, it can mean a smaller deposit and a more manageable mortgage compared with buying outright.

• For first-time buyers and renters – Shared Ownership could help you take that exciting first step onto the property ladder, often with a deposit from just 5% of the share you buy.
• For growing families – Choose a home that works for your lifestyle now, while keeping costs within reach.
• For those looking to downsize – Enjoy a modern, manageable home with costs that may better suit your plans.

How can I apply for the next release of Shared Ownership homes?

Shared Ownership homes are usually released around six months before they are ready to move into. With a selection of one- to four-bedroom homes planned for Shared Ownership at The Lower Acre, there will be more opportunities for customers to find a home that fits their needs.

Demand is already strong, so we are currently operating a waiting list. If you would like to be considered for a future release, please complete our application form and a member of our Sales Team will be in touch to talk you through the next steps, including financial qualification.

What if I am not eligible for Shared Ownership?

If Shared Ownership is not the right option for you, eastbrooke homes offer other ways to make your move at The Lower Acre. Our one- to four-bedroom homes are also available to rent or buy through traditional sale, giving you more choice when finding the right home.

Speak to our Sales Team to find out more about available homes, Shared Ownership opportunities and homebuying incentives designed to help you get moving.