Shared ownership at Rose Meadows, Wigan, M29 8LN

Rose Meadows

Lancaster Avenue, Tyldesley, M29 8LN

For salenew home
Shared ownership
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Register interest

from £75,000

with min. deposit £3,750

Overview

Rose Meadows is a collection of 20 stylish new shared ownership homes in the town of Tyldesley in Greater Manchester. *Available for early-bird reservation*  *Show home now open! *  Available for purchase for 50% or 75% shared ownership  Rose Meadows is a collection of stylish new homes in Tyldesley in Greater Manchester.  At Rose Meadows, you will discover a fantastic range of stunning two and three-bedroom properties available for shared ownership, perfect for those looking to step on to the property ladder.   Benefitting from a fantastic location with excellent transport links across the North West and several...

FAQs

Shared ownership is a government-backed scheme, designed to make stepping onto the property ladder more affordable. You buy a portion of a home normally with a mortgage and a deposit, and pay a low-cost rent on the rest.

Read more on the Shared Ownership FAQ

Help to Buy is an equity loan scheme to help you buy a new home. If you have a 5% deposit and can cover 75% of the value of the home with a mortgage (or 55% in London), the Government will lend you up to the remaining 20% (40% in London) in the form of an equity loan that carries 0% interest in the first 5 years. This is available on a variety of new-build properties for first time buyers and is subject to the property price, the subsequent price cap in that region and the developer offering the option.

You can read more on the Help to Buy FAQ

The rules for shared ownership are different to a private purchase. In short, as long as you don’t currently own, or won’t own another property when you move in to a new home, you’re likely to qualify. Help to Buy is available to first time buyers only and the property value itself must fall below a price threshold for that specific area which varies in terms of the average house price in the region.

Read more about eligibility in the FAQ

Some properties require you to live or work in the local area in order to be eligible to buy them. By knowing the areas in which you live and work, we can make sure you see everything available to you.

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