RENT TO BUY ANNOUNCEMENT! Bower Brook Gardens Phase 3 (Widnes) will soon be opening up applications. If you have been waiting patiently, the wait is nearly over. Please head over to our Rent to Buy tab for more information and to check our criteria. A further announcement will be made when applications are officially open.
Open Door is pleased to announce it has completed all sales on its Waterfront View development in Widnes after they were snapped up by keen homebuyers in the area.
Waterfront View which was handed over earlier in the year, comprised of ten 3-bedroom semi-detached homes.
The new homes were available on a Shared Ownership basis, perfect for families and first-time buyers. This allowed buyers to purchase a share in a new home, ranging from 25% to 75%, depending on what they could afford. The buyer pays a mortgage on the share they own and pays rent on the remaining share.
Shared Ownership is an ideal way for first time buyers to get their foot on the housing ladder, offering a great alternative to renting and often a perfect solution if you can’t afford to buy a house outright.
Open Door commercial sales manager, Rebecca Lawrence said: “Our Waterfront View homes have proved to be extremely popular, and it’s great to see Shared Ownership providing an affordable home ownership option. We’re now focusing on our two latest developments on Warrington Road, Widnes and Picow Farm Road, Runcorn, with the first of the new homes due to be finished in early 2019.”
If you would like to find out more about Open Door developments visit our dedicated page.