PEOPLE wanting a new home will have to join a fairly lengthy queue after more than 15,000 enquired about properties coming to Oldham.
And one Royton development alone has attracted some 65 callers for every property.
First Choice Homes Oldham (FCHO) plans to invest £150 million to build 1,000 new homes across the town by 2024.
It launched its first homes available for shared ownership via its new Fabric Living brand with 10 new shared ownership homes at its Pavilion Green scheme in Royton.
And the response has blown many people away, with more than 100 people turning up for an open day.
For more than 650 expressed an interest in buying one of the properties and taking their first step on the property ladder.
These three-bedroomed homes came available from £55,300 for a 35 per cent share with a rent of £235 per month. Larger shares of up to 75 per cent can also be purchased.
And Pavilion Green, a stone’s throw from Royton Cricket Club on Bransdale Avenue, has more on offer under a ‘rent to buy’ scheme.
Rent to Buy allows tenants to rent a newly built home at approximately 20 per cent below market rate for up to five years. During that time, tenants have the option to buy the property, or to buy part of the property under a Shared Ownership scheme.
More than 9,500 people have already declared an interest in renting the properties, including 1,000 people who declared an interest in renting six new properties on Keb Lane in Bardsley within the first 24 hours of them being advertised.
Four homes at Pavilion Green are already reserved and 4,500 declared an interest in 10 homes at Hill Brow Close, Moorside.
Vinny Roche, Chief Executive at FCHO, said: “We know demand for homes is vastly outstripping supply in the Oldham area.
“That is why we have launched Fabric Living to help bring much-needed developments forward with a wide variety of tenures to meet people’s needs.
“Shared Ownership and Rent to Buy homes help many more people access the housing ladder than could otherwise do so.
“We have some ambitious plans and are keen to bring forward more affordable homes for people living in the area.”
Dave Woods, Homes and Investment Director at FCHO, added: “Owning a home is still out of reach for many people so we have ensured all our new Fabric Living homes at Pavilion Green offer families, couples or singles an affordable way on to the property ladder.”