Sea Place, Worthing - Affinity Sutton 25 Mar 2011
Sea Place In Worthing Highlights The Benefits Of Shared Ownership

Affinity Sutton

Affinity Sutton has recently launched Sea Place, its stunning new seaside development in Worthing where homes are for sale with as little as five per cent deposit. This means you could buy a brand new two-bedroom apartment for as little as £3,938 deposit.

Yvette Ruggins, sales director of Affinity Sutton, comments: "It often costs less to buy a shared ownership home than to rent. Many people are surprised to discover that the deposit you need to buy a shared ownership home is so low and that a 95 per cent mortgage is available on the share of the home they buy."

Sea Place comprises 12, one and two-bedroom apartments within two stunning buildings in a prestigious seaside location in Goring-by-Sea, Worthing. All homes have contemporary interiors, with stylish fitted kitchens, carpets and a wardrobe in the master bedroom. Many have a balcony or terrace and some even enjoy sea views.

The development is located on the seafront, just a short walk to local shops and Durrington-on-Sea station, which runs a frequent service to Brighton in around 30 minutes and approximately 90 minutes to London Victoria. Road links are great; the nearby A27 gives easy access to the A23 to Crawley and Gatwick Airport and to the A24 to Horsham.

The one-bedroom apartments are all reserved. The two-bedroom apartments are priced from £78,750 for a 35 per cent share (full purchase price £225,000). A five per cent deposit of just £3,938 is needed to buy one of these homes. A subsidised rent is payable on the unsold share. Applicants can buy more shares at a later date to own 100% of their home.

Sea Place in Worthing highlights the benefits of shared ownership

For more information please contact Affinity Sutton on 0300 100 0303 or email sales@affinitysutton.com

Information on all Affinity Sutton developments is available on the website: www.affinitysutton.com

Further media information: Nikki Ackerley/Emma Stevens Property House Marketing Tel: 01483 561119 or Email: nikki@housegroup.co.uk

Image: A CGI of Sea Place in Worthing by Affinity Sutton. Prices start from £78,750 for a 35 per cent share. For further information please call 0300 100 0303 or visit www.affinitysutton.com. Notes to Editors:

With over 55,000 homes and a 100 year history, Affinity Sutton is one of the biggest providers of affordable housing in England. As a business for social purpose, it invests in what it believes matters most - its residents and its communities.

Affinity Sutton completed 1,200 new properties last year and providing much needed new homes for around 3,000 people. Its new homes are designed to meet a range of needs and for many offer that all important first step on the property ladder through opportunities such as Part Buy/Part Rent and Rent for Less.

The Affinity Sutton Group comprises Aashyana Housing Association, Affinity Funding Ltd, Astral Homes, BHT, Broomleigh Housing Association, Community Building Services, Downland Housing Association, Grange and William Sutton Homes. Affinity also develops for the private residential market through its subsidiary, Astral Homes.