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Offer of help for first time buyers

First-time buyers are being offered help to get a foot on the property ladder thanks to a shared ownership scheme in Bexhill.

Only 10 two bedroom properties are now left at Wellington House off Wrestwood Road for local people currently living or working within the Rother district or those with a strong local connection.

The properties, which include a balcony or direct access to shared gardens, are ideally located for commuters with Collington, Bexhill and Cooden Beach stations nearby.

Available now through AmicusHorizon, the properties are part of the Government backed shared ownership scheme which enables buyers to part purchase a property and pay a subsidised rent on the remaining equity.

Homeowners can then continue to invest by buying further shares in the property and eventually own the home.

“This is a great opportunity for local people who can’t afford to buy their own home on the private market to remain in Bexhill,” said Cllr Joy Hughes, portfolio holder for housing.

“It can be extremely difficult for people to get on the property ladder and many end up renting or moving out of the area. Hopefully this scheme will make a difference to those wanting to live close to family and friends.”

To find out more about the properties available visit www.amicushorizon.org.uk or www.helptobuyeastandsoutheast.uk.com

 

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