Help for Home Buyers

Seven of the 35 new homes being built by Shepway District Council off Military Road, Sandgate, Folkestone will be reserved to help new home buyers take their first step on to the property ladder.

MILITARY ROAD

Five two-bedroom homes and two three-bedroom homes will be sold through Shared Ownership leaving the remaining 28 homes to be offered to people on its housing list.

The homes are being constructed on behalf of Shepway District Council by local builder Jenner Contractors Ltd - building local homes for local people.

As well as providing the new council homes, we also want some prospective home buyers to have the chance to take their first step on the property ladder.

With Jenner retaining six homes to sell on the open market we feel this mix of options is ideal.

Shared Ownership is designed for people who cannot afford a mortgage to buy their home outright.

Instead you have the chance to buy a share of your home - as little as 25 per cent - and pay rent on the remaining share.

They can increase their stake in their home over time as their circumstances improve.