Council buys up affordable homes

South Holland District Council has bought 18 properties to offer as affordable homes.

The one-, two- and three-bed homes built by property developer Ashwood Homes are situated in Donington, Cowbit and Moulton.

Six of the homes across the three sites will be available as part of the council’s shared ownership scheme.

People who cannot afford the mortgage on 100 per cent of a home to buy a share of the property (between 25 per cent and 75 per cent of the value), and pay rent on the remainder.

A spokesman from SHDC, said: “They will provide good-quality housing giving residents access to well-maintained, affordable properties that meet their needs.

“The purchases also continue to further the council’s ambition to support and partner local businesses in South Holland, with the houses being acquired from Spalding based developers Ashwood Homes.”

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