Cork Lane, LE2 9JR

Emh sales is pleased to offer the Townsend; a 2-bedroom mid-terrace house for sale at Little Glen Mews, a new development in Glen Parva near Leicester.

Nestled in Leicestershire, the welcoming village of Glen Parva provides its residents with a wealth of amenities. From local shops, inviting pubs, and charming cafes to expansive green spaces perfect for leisure and recreation, Little Glen Mews is ideally situated, offering immediate access to peaceful walks while also being just a short distance from the vibrant shopping hub of Fosse Shopping Park.

*The price shown is illustrative of a 40% share. The actual share you can purchase will be determined by an affordability assessment, with shares available from 10% up to 75%

Homes are available on the New Model Shared Ownership (NMSO) which has some great new additions including:

• You can purchase your initial share from just 10% (subject to financial assessment - all applicants must purchase as large a share as is possible in line with affordability).
• You can purchase further shares from as little as 5% each time (known as staircasing).
• A new gradual staircasing process has been introduced allowing you to purchase an additional 1% each year for a maximum of 15 years.
• The introduction of a new 10-year period during which emh could support you with the cost of repairs and maintenance in your new build home.
• A lease length term of 990 years.
  
  

Shared Ownership: A stepping stone to home ownership

Shared ownership offers a fantastic opportunity to get your foot on the property ladder. You can purchase an initial share ranging from 10% to 75% in 5% increments. This makes homeownership more affordable, especially for first-time buyers. The affordability will be assessed to ensure it aligns with your financial situation.

Grow your ownership over time:

As you build your financial security, you have the flexibility to increase your ownership stake through a process called staircasing. This option becomes available after just 12 months, allowing you to gradually own up to 100% of the property.

Shares can be purchased from 10% to 75% initially on the New Model Shared Ownership (this is based on 5% increments, dependent on affordability and approval of eligibility for the Shared Ownership Scheme).