New Shared Ownership homes in Cheltenham

If you’re dreaming of owning your own home in Cheltenham, Shared Ownership can make that dream a reality.

Whether you're a first time buyer, a young family seeking room to grow or looking to downsize to somewhere more manageable, our new 2, 3 and 4 bedroom, energy efficient homes could be perfect place for you to put down roots. Boasting a semi-rural location on the edge of Cheltenham Town Centre and Arle, the development situated just off Old Gloucester Road benefits from a range of local amenities and a number of supermarkets including Waitrose.

The bustling town centre, just over 3 miles away is characterized by it's regency architecture and home to numerous prestigious schools including Cheltenham College, The Cheltenham Ladies’ College, St Edwards and Dean Close. Cheltenham is regarded as one of the best places to live and raise a family. For commuters, this sought after area is particularly well placed motorway access and Cheltenham train can be reached by car in less than 20 minutes.

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Local Area Connection
Our homes at Springbank View have been built to specifically meet the needs of local people and priority will be given to applicants who have a connection to Cheltenham Borough Council The local area connection can vary between our developments but generally, it is based on you having been a resident (or employed within) the area for a number of years (usually between 2-5) or have family connections – for example, parent, grandparent, child, grandchild or adult sibling – who have lived in the area for at least three years.

Council tax banding is not currently available. To find out more about banding please refer to the Cheltenham Borough Council website.

Staircasing to own 100% of your home at Springbank View
Our homes are available to purchase with Shared Ownership. Once your home is purchased you will have the option to increase the amount of your shared ownership home that you own. This is called Staircasing. The greater the share you buy in your home the less rent you will pay to your home. Ultimately staircasing to buy 100% of your home, means you become an outright owner, and you will no longer need to pay rent.

*Please be advised that this property is Leasehold with a 990-year lease. Service charges are reviewed annually in line with inflation.

*Share prices and purchases can range between 40%-50% and are plot specific, the above 40% is an average purchase percentage. Terms and conditions apply, please ask for details. Prices are correct at the time of publication.

Disclaimer:
*Please note that these homes will be built with brick cills and heads. The Turnstone will not be built with a bay-window.

*Computer generated images and photography are intended for illustrative purposes only and may not represent the actual fittings and furnishings at the development. Images are of typical elevations and may vary. Please speak to an advisor for more information.

*Distance taken from google maps.

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