Platform Home Ownership is urging Nottinghamshire homeseekers to enquire about the final Shared Ownership home remaining at its popular Lacefields development in Ruddington.

Lacefields, located on Loughborough Road in the popular village of Ruddington, is a stunning collection of two, and three-bedroom Shared Ownership homes built by William Davis Homes.

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.

Platform has seen an increase in popularity in the Shared Ownership scheme. In fact, they have sold 55% more Shared Ownership homes between April 2021 and March 2022 compared to the previous year.

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

The final home remaining through Shared Ownership is the two-bedroom semi-detached, The Rippon home type, available for just £108,000 for a 40% share value.

The ground floor features an open plan living/ dining area, a perfect space to entertain family and friends with French doors leading you out to the turfed rear garden.  A contemporary kitchen, handy utility room, and cloakroom complete the ground floor.

Moving up to the first floor, you will be greeted with two good-sized double bedrooms and a large family bathroom.

All Platform Shared Ownership homes come with 10-year build warranty, double glazed windows, and allocated parking.

Lacefields is nestled in the popular village of Ruddington, and is perfect for first time buyers. The development is a few miles away from nearby West Bridgford and Nottingham city centre.

Ruddington itself is a beautiful destination, providing all of the amenities you'd ever need against a backdrop of breathtaking natural beauty. With shops, schools, pubs, restaurants, community centres, and a community hall all located in the village, Ruddington has everything within easy reach.

The village's central location in the borough of Rushcliffe means it has easy access to key locations such as Nottingham and West Bridgford, as well as East Midlands Airport and Loughborough. Access to mainline train services through Nottingham provides direct links to Birmingham and London.

Syeda Bhurji, Sales Consultant at Platform Home Ownership, said: “We're delighted with the success of the wonderful homes at the Lacefields development.

“Each home at Lacefields is designed with the highest possible build quality in mind, creating contemporary living, while still retaining the heritage, and authenticity of Ruddington Village.

“We don't expect the final home to be on the market for very long, so I'd urge any Nottinghamshire property seekers to get in touch with our friendly sales team to avoid missing out.”

If you reserve a Platform Shared Ownership home by Christmas, and complete before 28th March 2024 you will be gifted a £250 voucher to a store of your choice.

Platform Home Ownership will be releasing more homes at the Lacefields development in May 2024.

For more details on Lacefields, please visit Lacefields, Loughborough Road - Platform Home Ownership, or call the team on 0333 200 7304.

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ENDS

For press information, contact Amy Carter on 0116 366 7319 / ethanh@unsworthsugden.co.uk and Hannah Elwell on 0116 247 1777 / hannah@unsworthsugden.co.uk.