Second phase brings more, affordable homes to Chancellor’s
Park, Long Ashton
16th February 2009
A development in Long Ashton has been successful
in providing more affordable homes for the village.
The second phase of building work at Chancellor’s Park – the
site of a former cider and apple research station – has included
six homes to let at affordable rents and two for New Build HomeBuy
(part-buy, part-rent).
North Somerset Council’s Chairman, Councillor David Shopland,
officially opened the first phase in 2007 and these latest
completions bring the total numbers to 14 rented homes and 15 sold
through the New Build HomeBuy scheme. All of these homes are
managed by Redland Housing Association.
New Build HomeBuy is a government scheme, which allows buyers to
purchase a proportion of the property, often fifty per cent, and
rent the rest from the housing association. As their circumstances
change, buyers can purchase more of their home until it is theirs
outright.
The homes to rent are available to people who have been
identified as being in housing need and are registered with North
Somerset Council on their housing waiting list.
The site has a long history – for a century the research station
was at the forefront of agricultural research and developed many of
the techniques that are used in today’s cider making, as well as
creating the children’s blackcurrant drink Ribena.
Louise Swain, Managing Director of Redland Housing Association,
said:
‘We are pleased to be able to deliver
affordable housing options for people from North Somerset who want
to stay in the area. The development has been completed to a very
high standard and has been well received by the residents. All of
the properties are now occupied and we wish the residents a happy
future in their new homes.’
Chancellor’s Park has been developed by Taylor Wimpey and
consists of 96 homes in total.
Meanwhile, an innovative, new Rent to Buy scheme is the latest
way to get on the housing ladder at a number of locations in
Bristol. For people who can't afford a mortgage, can't get a
mortgage or have simply been put off purchasing in the current
economic climate, this ‘try before you buy’ scheme gives the best
of both worlds. You can rent a home at a substantial discount (the
rent is calculated at 80% of the local market rent) and at a later
date you will be given the first chance to buy the property through
New Build HomeBuy.
To find out more about Rent to Buy or New Build
HomeBuy, call the Sales Team on 01225 366307 or email sales@somer.org.uk.
www.somerhomes.co.uk
|
|