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Kingsbrook, Northallerton
A lovely new home in Northallerton
Kingsbrook is a new development located in the picturesque market town of Northallerton, within the Hambleton district of North Yorkshire. Its range of modern two, three and four-bedroom homes will be ideal if you're a first-time buyer or looking to make a move up the property ladder.
Northallerton has everything that you could need. The historic high street is within walking distance of Kingsbrook and is home to a wide range of shops and a weekly market that brings extra character and atmosphere to the town. You'll soon become a part of this welcoming community.
The location for a new home here puts you midway between the A1(M) and the A19. With these two key routes within easy reach, you'll be well connected for York and Harrogate to the south, and Darlington and Middlesbrough to the north. Add the North York Moors and the Yorkshire Dales and you couldn't be in a better place.
Shared Ownership
A total of 12 homes will available for purchase through Joseph Rowntree Housing Trusts shared ownership scheme.
Joseph Rowntree Housing Trusts shared ownership scheme offers an alternative to renting and full ownership. It is suitable for people with a regular income, who want to buy a home but cannot afford full purchase.
With shared ownership you buy a share of your home and pay rent on the rest. You pay a percentage share of the full value of a property, paying rent on the portion not purchased. Equity percentages range normally from 25% up to 75%. Shared owners can apply to purchase further shares at a later date. There is the option of 'staircasing' up to full ownership. The rent is calculated as 2.75% of the property value.
The Joseph Rowntree Housing Trust (JRHT) is a registered social housing association and care provider. It manages and owns homes in York, Leeds, Scarborough, Hartlepool as well as other smaller communities in Yorkshire and the North East. We also support residents to buy their own homes through Shared Ownership which means a resident buys part of their home and rents the rest from JRHT.
For more information, visit www.jrht.org.uk
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