Platform Home Ownership has launched a range of new Shared Ownership homes at its development in Beeston, named The Maltings.

Comprising a collection of stunning two- and three-bedroom homes, The Maltings is in an ideal location for those who want quick access to city life but enjoy the merits of living in a more rural area.

Shared Ownership allows home seekers to purchase a share of their home and pay rent on the remaining amount, typically buying between 10% and 75% of the property's full market value, depending on the model purchased with.

This lowers the amount needed for a deposit, with most deposits on Shared Ownership schemes between 5% and 10% of the share and not the full amount.

Between April 2021, and March 2022, Platform sold 563 Shared Ownership properties which is a 55% increase, owing to the increased popularity of the route to home ownership. 

Through the process of staircasing, those using Shared Ownership can gradually increase the amount of their home that they own.

One of the homes available through Shared Ownership is the three-bedroom, semi-detached home, priced at £136,000 for a 40% share value.

The property opens up into a welcoming hallway, with a cosy and spacious living space immediately to the left, with storage areas and a downstairs bathroom too.

To the rear of the ground floor there's an contemporary, open-plan kitchen fully-fitted kitchen with appliances and leading to the fully-turfed rear garden.

The home is equipped with double-glazed windows and allocated space for off-street parking, as well as a 10-year build warranty, all of which come as standard with all Platform Home Ownership properties.

Upstairs houses two verstaile bedrooms and a smaller bedroom, with a stylish family bathroom, to the front of the property.

The Maltings is in the heart of Beeston, a popular commuter town with fantastic transport links into the centre of Nottingham, and the friendly Platform sales are always on hand to advise on Shared Ownership.

The town boasts a great selection of eateries and independent stores among other amenities, while the Round Hill Primary School and Chilwell School (secondary), both nearby, each hold an Ofsted rating of Good.

The Maltings is also close to the Wollaton Park, a popular space which includes the Elizabethan building Wollaton Hall and 500 acres of greenery, including a deer park and lake.

Lorraine Jenkins, Sales Consultant at Platform, said: “We're thrilled to have finally launched these fantastic properties at The Maltings, and to have so much interest already.

“Shared Ownership is quickly becoming a more sought-after way of getting onto the property ladder, so we don't expect these homes to be on the market for too long.

“Beeston is a real up and coming town which is thriving with lots of investment, so to be part of that and to help provide people with a great place to live is fantastic.”

Prices start from £108,000 for a shared ownership home.* For further details on The Maltings, please visit https://www.platformhomeownership.com/the-maltings-beeston/#properties, or call the team on 0333 200 7304.

*T&Cs apply.

ENDS

For press information, contact Ethan Henson on 0116 247 1777 / ethanh@unsworthsugden.co.uk and Hannah Elwell on 0116 247 1777 / hannah@unsworthsugden.co.uk