FAMILIES are set to move into a new development of shared ownership homes in Royton after Fabric Living completed work on its first ever scheme.
The development of 10 homes at Pavilion Green was finished earlier this month with Tyson Construction handing over the properties. Seven homes have already been reserved.
Fabric Living, which is part of housing association First Choice Homes Oldham, launched earlier this year to bring new, much needed affordable homes to Oldham.
All properties are available for shared ownership, a popular Government-backed scheme that helps people get onto the property ladder by offering them the opportunity to part-buy, part-rent a home with a low deposit.
Fabric Living’s next development will be Woodlands on Keb Lane and doors will be open to its show home this month. Homes are available to reserve off-plan now.
Another 12 properties are planned for Pennine View off Ripponden Road, Sholver.
Pennine View’s show home opens in June 2019, with homes available to reserve off-plan shortly.
Fabric Living homes are available from £55,300 (for a 35 per cent share) with rent of £235 per month. Larger shares of up to 75 per cent can also be purchased.
Lynsey Clark, Assistant Director of Development at First Choice Homes Oldham, said: “We know there is a shortage of affordable homes for people in Oldham but the amount of enquiries we’ve had about our new homes has been higher than we could have imagined.
“It’s amazing to know that residents will be moving into Pavilion Green very soon and we are committed to bringing more of these stunning homes to market across Oldham.
“We’d encourage anyone who is interested to give our sales team a call to see the show homes as we know these next new developments won’t be for available for long.
“Owning a home is still out of reach for many people so we have ensured all our new Fabric Living homes offer families, couples or singles an affordable way onto the property ladder.”
For more information contact the sales agents Hollins Gardner on 0161 393 5239 or email sales@fabricliving.co.uk.
Fabric Living launched in 2019 as part of First Choice Home Oldham’s ambition to invest £150m in more than 1,000 new homes by 2024.
The housing association is working with partners including Oldham Council and Homes England to achieve its ambition of easing the housing crisis in its local communities.