Blyth Way, DN37 7FD

We are excited to be offering 3 bedroomed houses for Shared Ownership in the village of Laceby. These houses are due for phased completions commencing July 2023 onwards. These properties will benefit from a 10 year build warranty.

Bishops Grange overlooks the beautiful Lincolnshire Wolds countryside. Laceby village close to the coast and also close to the bustling town of Grimsby.

Grimsby is near to Laceby which offers eateries and a good selection of high street and independent retailers.

Primary schools close by include Stanford Junior and Infant School, Laceby Acres Primary School and secondary schools in Grimsby and Market Rasen.

Laceby is situated on the A46. Laceby is 16 miles from the M180, which offers links to Hull, Scunthorpe and Humberside. Grimsby also offers a train station offering various links.

Homes England Key Information Document – please refer to our website to read through our key information document for this property. This will include pricing details, eligibility and some lease information.

NEXT STEPS:
1. For further information, please download our brochure below.
2. TO APPLY NOW, please make an enquiry to contact Platform Home Ownership, the relevant sales consultant will then send you an application form to complete.
3. Upon receipt of your application, we will refer you for an affordability assessment to determine the most affordable share for you.
4. Once you have passed the affordability assessment, we will then be in contact to confirm the availability.
5. If there is a suitable property we will then issue out your offer letter and advice on how to pay your £250.00 reservation fee for your new home.

Shared Ownershipis a fantastic opportunity if you're an unable to purchase a home on the open market. It allows you to buy a share in a property on a part buy/part rent basis and pay a subsidised rent on the part that you do not own. Over time, you can purchase more shares in your property - this is known as 'staircasing'. This can be done at any time after initial purchase and it will reduce the amount of rent you pay, as the share of the home that you do not own will have got smaller.

We will offer shares between 25-75% of the property value depending on the outcome of the affordability assessment. The higher the share you purchase, the lower your rent will be. You will need to be able to obtain a mortgage for the share you want to purchase unless you have sufficient funds to enable you to purchase a share outright. Deposit amounts will be lower than purchasing a property on the open market also the combined cost of mortgage and rent is often cheaper than privately renting in the area.

For more detailed information and your obligations in relation to shared ownership please download our 'Guide to Shared Ownership'

Am I eligible?
Shared Ownership uses the following criteria to help people to get onto the property ladder:
- Maximum annual household income of £80,000.
- Unable to purchase a home suitable for your needs.

Please visit the Homes England website for further guidance using the Homes England Eligibility Checker.

*Please note some images are typical and should be used as a guide only