Rogallo Place

Studio homes in Rochester, Medway, ME1 2XQ

Tenure Shared ownership
What is Shared Ownership?
Availability Available

Shared Ownership is a type of affordable home ownership when a purchaser takes out a mortgage on a share of a property and pays rent to a landlord on the remaining share.

For example, someone might buy a 50 per cent share in a property and pay rent to the landlord on the remaining 50 per cent. Purchasers then have the opportunity to ‘staircase’ up their share of the property, gradually increasing the proportion of their home that they own outright and therefore paying less rent on the remaining portion, until they own 100 per cent of their home.

Overview

Rogallo Place is a new £11.3m Extra Care scheme being built in Medway, Kent, and will feature 63 one and two bedroom homes.

Rogallo Place, in Horsted Way, Maidstone Road, is located just two miles south of both Chatham and Rochester town centres and overlooks Horsted Valley.

The scheme, due to open in Spring 2018, is situated right next to the eco park development which residents can enjoy. Horsted Park has the perfect mix of green open spaces with the convenience of retail and leisure facilities close by.

Illustration by: James Halsall

Register Interest

Register your interest to be contacted by a housing provider. You will need to provide basic eligibility criteria during the register interest process.

Rogallo Place

Studio homes in Rochester, Medway, ME1 2XQ

Tenure Shared ownership
What is Shared Ownership?
Availability Available

Shared Ownership is a type of affordable home ownership when a purchaser takes out a mortgage on a share of a property and pays rent to a landlord on the remaining share.

For example, someone might buy a 50 per cent share in a property and pay rent to the landlord on the remaining 50 per cent. Purchasers then have the opportunity to ‘staircase’ up their share of the property, gradually increasing the proportion of their home that they own outright and therefore paying less rent on the remaining portion, until they own 100 per cent of their home.

Location

Housing Provider

Trusted by

Southern Complete Moves Mayor or London National Housing Federation Moat Homes