Meet The Experts Event For Sittingbourne Shared Ownership
Posted 5 October 2023 byÂ
Keith OsborneHousing provider Sanctuary is inviting house-hunters to keep a date in their diary for an upcoming event about its Watling Gate development in Sittingbourne, where would-be buyers can speak to some experts about the Shared Ownership scheme available there.
On Saturday 14 and Sunday 15 October, the final phase at the development is to be launched, a last chance for qualifying buyers to ‘part buy, part rent’ a brand new home.
Close to central Sittingbourne, Watling Gate is bringing an impressive range of apartments and houses to the area, some available on the open market, others via Shared Ownership. With this government-backed scheme, they can purchase a share of the property – in the case of this development, starting at 40% - and pay a subsidised rent to Sanctuary on the remainder. Over time, if they want to, they can purchase further shares until they own 100%.
Currently, Shared Ownership prices at Watling Gate start at £65,000 (a 40% share of the full market value of £162,250) for a ground-floor one-bedroom apartment with 527 sq ft of living space. There are two-bedroom apartments available too. The specification includes fitted kitchen with Zanussi appliances, and contemporary bathroom.
Sittingbourne has great amenities of its own and offers great transport links via rail and road to Medway towns, London, Canterbury and the seaside towns of the north Kent coast.
Find out more about Watling Gate from Sanctuary.
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