Get a foot on the property ladder at an affordable price, with Marquee Homes’ latest houses for shared ownership in Lostock Hall, Preston.

Perfect for families and couples, the collection of stunning two, three and four-bedroom homes at The Weavers on Avondale Drive offer a perfect blend of style, convenience and comfort at an accessible price.

Shared ownership is a government initiative allowing purchasers to buy a share in a new home through a mortgage and savings, and pay rent on the share they don’t own.

This option enables house-buyers to secure a property of their own with a lower deposit and smaller mortgage payments. Over time, shared owners can also increase their share if they would like.

Each house at The Weavers is built to a high specification with excellent energy performance and contemporary living in mind.

Light, spacious rooms are complemented by modern kitchen / diners, stylish bathroom designs. Some homes even come with a utility or ensuite.

Outside, each home has a turfed rear garden in which to relax, plus allocated private parking and an electric vehicle charger.

Prices at The Weavers vary depending on the house type and size of share, but a typical example is £67,500 based on a 30% share in a two-bedroom new home with shared ownership. Shares can range from 25% to up to 75% based on what you can afford.

Homes at The Weavers are being marketed through Marquee Homes, the shared ownership and sales brand from housing provider, Community Gateway Preston (CGA).

Stephen Galbraith, CGA’s Development Manager said: “This exciting scheme in the popular location of Lostock Hall is part of our continued investment in creating new, truly affordable homes locally.

“Shared ownership is a part-rent, part-buy scheme that could help people on the path to homeownership much sooner than they may have thought possible.

“I’d encourage those keen to find out more to get in touch and see how shared
ownership could work for you.”

The Weavers is Marquee Homes’ fourth shared ownership development in the Preston area, having successfully marketed and sold homes since 2022 at Bartle Fields, Fulwood, The Oaks, Newton le Scales and The Meadows, Ribbleton scheme.

To help increase the amount of affordable housing available in Preston to meet housing need, Marquee Homes is currently developing more than 200 homes for shared ownership by 2026.

For more information about The Weavers or to book a viewing, call 01772501051 or email sales@the-weavers.zendesk.com