Platform Home Ownership has officially announced the completion of a new 11-home shared ownership development in Crewe.

The final homes were recently handed over to the new occupants at the Hazelmere development, off Crewe Road, Haslington.

This overall 250-home development, comprising a collection of two, three, four and five-bedroom homes, were built by developer Bovis Homes, part of the Vistry Group.

The 11 new shared ownership properties in Haslington allow home seekers to purchase a share of their house and pay rent on the remaining amount (Platform).

The 11 shared ownership properties allow home seekers to purchase a share of their house and pay rent on the remaining amount.

Home seekers typically buy between 10 per cent and 75 cent 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 per cent and 10 per cent of the share and not the full amount.

Marketing manager for Bovis Homes, Freya Halsall, told Nub News: "We are delighted with the success of these fantastic homes at Hazelmere, and our partnership with Platform has been exemplary.

"These properties are in a superb location for commuters, first-time buyers and many more types of homeowner, so to see the development become so popular is no surprise."

Between April 2021, and March 2022, Platform sold 563 shared ownership properties which is a 55 per cent increase, owing to the increased popularity of the route to home ownership.

250 homes have been built on the new Hazelmere development, off Crewe Road, Haslington (Google).

Through the process of staircasing, those using shared ownership can gradually increase the amount of their home they own.

Regional sales manager at Platform, Kelly Rigley, said: "We are thrilled to have sold out here at Hazelmere, and know that the new occupants have found an ideal place to settle down in such high-quality properties.

"We'd like to place on record our thanks to Bovis Homes as we draw this development to a close, and look forward to working together in the future should the opportunity arise."

READ MORE: Cheshire East says it was necessary to spend £11m preparing for HS2 coming to Crewe.

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