The Pastures

2 - 3 bedroom homes in Wesham, Fylde, PR4 3BY

Tenure Shared ownership
What is Shared Ownership?
Availability Available
Min share price from £37,374 for 25% share
Full price from £149,995
Min deposit from £3,737
Bedrooms 2-3
Bathrooms 1

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

All the homes at The Pastures are built with modern family living in mind. The specification is carefully chosen for its quality, practicality and aesthetics, to meet the daily demands of modern household requirements.

The Pastures is a fabulous new development by Rowland Homes. Ideally located virtually mid-way between Preston and Blackpool, Wesham occupies a delightful position in the green and fertile Fylde countryside of Lancashire, with a village history going back to the Norman Conquest.

Local area information

The coming of the railways in the 19th century brought prosperity to the town, and today it is a thriving community thanks to local industries such as Fox’s Biscuits and many other local enterprises. Wesham benefits from a selection of local shops, plus it has a busy community centre, recreation centre and three pubs - all contributing to the town’s clear sense of community and identity.

Status Plot No. Floor Beds Min share price Eligibility
Available Lowry N/A 2 £37,374 View details
Available Gladstone N/A 3 £42,749 View details

FAQ's

Min share price from: £37,374 for a 25% share
Full price from: £140,000
Minimum deposit from: £3,737
Monthly rent from: £241
Bedrooms: 2
Bathrooms: 1

There are 2 available ranging from £37,374 for a 25% share to £42,749 for a 25% share.

It’s the same as buying on the open-market but you’re buying a share of a property, so therefore pay a mortgage on the part you own.

An independent mortgage advisor can help suggest which type of mortgage might be best for you, based on your situation.

Leasehold, which is essentially the contract for the share you've bought.

It means you've got the right to keep your home for a certain number of years (usually at least 125), but the land belongs to someone else. Your lease also sets out how much you need to pay each month, your responsibilities while living there and all the details of your agreement with the housing association. Make sure you go through it and ask lots of questions.

Your solicitor can help you with this.

It all depends on your lease (your contract with the housing association) so check it thoroughly and ask questions before you buy.
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.

The Pastures

2 - 3 bedroom homes in Wesham, Fylde, PR4 3BY

Tenure Shared ownership
What is Shared Ownership?
Availability Available
Min share price from £37,374 for 25% share
Full price from £149,995
Min deposit from £3,737
Bedrooms 2-3
Bathrooms 1

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