1/9
£87,500
Launching in June - our final collection of 1, 2 & 3 bedroom Shared Ownership homes in Rugby - register your interest to be the first to find out more information!
You can apply to buy the home if all of the following apply:
- your household income is £90,000 or less
- you cannot afford all of the deposit and mortgage payments to buy a home that meets your needs
One of the following must also be true:
- you're a first-time buyer
- you used to own a home but cannot afford to buy one now
- you're forming a new household - for example, after a relationship breakdown
- you're an existing shared owner, and you want to move
- you own a home and want to move but cannot afford to buy a new home for your needs
If you own a home, you must have completed the sale of the home on or before the date you complete your shared ownership purchase.
As part of your application, your finances and credit history will be assessed to ensure that you can afford and sustain the rental and mortgage payments.
Launching in June - 2 bedroom Shared Ownership houses available exclusively through L&Q's Shared Ownership scheme. Register your interest now to be the first to hear of our launch!
Ideal for first-time buyers, this spacious 1 bedroom ground floor maisonette benefits from its own private entrance, open-plan living, and a fully-inclusive specification throughout. Maisonettes will also benefit from access to a private shed in the communal garden to provide ample additional storage space.
Prices start from £87,500 for a 35% share in a 2 bedroom house. Full market value of £250,000.
About the development
Ashlawn Rise is situated on the fringes of the popular town of Rugby. Perfectly located for both commuters and families alike, these spacious houses provide the perfect opportunity to step onto the property ladder. With numerous local amenities conveniently situated on the doorstep, daily life couldn't be easier, providing more time to get out and explore the beautiful surroundings or enjoy the array of restaurants and bars in the town centre. Ashlawn Rise is ideally placed for those needing to access rail and road networks easily whilst an extensive choice of both primary and secondary schools are available in the area making Ashlawn Rise an excellent location for future residents.
Unfamiliar with Shared Ownership?
With Shared Ownership you purchase a share of between 25%-75%* of a home and pay subsidised monthly rent on the remaining share*. It's a great opportunity for anyone who is unable to afford to purchase a home outright on the open market but still wants to step foot onto the property ladder.
Register your interest
Please note - you are required to register with L&Q for Shared Ownership. Please refer to the eligibility tab for more information.
If you are registered with L&Q and eligible according to the income restrictions, please register your interest today and our sales team will be in touch.
*Images depict L&Q show home photography. Minimum share percentage may vary. Photos and CGIs are for illustrative purposes only and may not represent a true likeness for the individual units being sold.
