Lacefields, located on Loughborough Road in Ruddington, is a collection of two, and three-bedroom Shared Ownership homes built by William Davis Homes.
Shared Ownership allows homebuyers to purchase a share of their home and pay rent on the remaining amount, typically buying between 10% and 75% of the property’s full market value, depending on the model purchased with.
This lowers the amount needed for a deposit, with most deposits on Shared Ownership schemes between 5% and 10% of the share and not the full amount.
Platform has seen an increase in popularity in the Shared Ownership scheme. In fact, the start of 2024 saw a 152% sale increase when comparing to last year, owing to the increase in popularity of the scheme in a time of economic uncertainty.
Through the process of staircasing, those using Shared Ownership can gradually increase the amount of their home that they own.
Syeda Bhurji, Sales Consultant at Platform Home Ownership, said: “We’re delighted with the success of the wonderful homes at the Lacefields development.
“Each home at Lacefields was designed with the highest possible build quality in mind, creating contemporary living, while still retaining the heritage, and authenticity of Ruddington Village.
“If anyone missed out on a new Shared Ownership home at Lacefields, be sure to get in touch, or visit the Platform website and check out our other Nottinghamshire homes, to see what’s available.”
Lacefields is nestled in the popular village of Ruddington, and is perfect for first time buyers. The development is a few miles away from nearby West Bridgford and Nottingham city centre.
Ruddington itself is a beautiful destination, providing all of the amenities you’d ever need against a backdrop of breathtaking natural beauty. With shops, schools, pubs, restaurants, community centres, and a community hall all located in the village, Ruddington has everything within easy reach.
The village’s central location in the borough of Rushcliffe means it has easy access to key locations such as Nottingham and West Bridgford, as well as East Midlands Airport and Loughborough. Access to mainline train services through Nottingham provides direct links to Birmingham and London.
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