More people will have the chance to realise the dream of home ownership in 2018 as new affordable housing to rent and to buy following the completion of two deals that sees us expand into the North Somerset.
We have bought 32 new homes in the area – 21 being built by Taylor Wimpey at the Paper Mill Gardens development and 11 affordable homes at Persimmon’s Haywood Village – which includes eight shared ownership apartments available to buy now.
Development Manager James Mcloughlin said: “We know there’s a huge need for affordable homes to rent and buy locally. We’re delighted to have completed the contracts to bring these new affordable homes to North Somerset, and we’ll be continuing to look for more development opportunities to help meet this demand.”
Deputy Leader of the Council and Executive Member for Housing, Cllr Elfan Ap Rees, said: “The Council very much support Merlin’s expansion into North Somerset and these new homes will make an important contribution to meeting the local need for affordable housing. It’s vital that first time buyers and young families and are able to find quality, affordable housing close to local schools and where they work and where they can support local shops, services and businesses.’
The homes in Weston are a mixture of three rental homes and eight shared ownership apartments, which will be available soon.
Merlin Sales Manager Jon Wakefield added: “Shared ownership is a genuinely affordable way for people to buy their first home. You can buy 50% of one of these flats, with a deposit of less than £8,000, and then pay rent to cover the cost of the other 50%. It’s cheaper than renting with a private landlord and over time you can buy more of the apartment until you own all of it.
“Weston is a desirable location with great transport links to Bristol and Exeter and fantastic amenities in the town. We’re sure these fantastic flats are going to be snapped up quickly so anyone interested in them should contact us today.”
For more information on how to purchase one of these shared ownership flats please call us today on 01454 821666 or visit www.helptobuysouth.co.uk.