Prices based on a 40% share of a two bedroom apartment for the over 55's with a full market value of £120,000. Affordable monthly rent of circa £144.38 payable on the share not owned. Service charges also apply.

Dimensions
Kitchen/ Living Area: 6.41m x 4.22m 21’0” x 13’10”
Bedroom 1: 4.53m x 2.97m 14’10” x 9’8”
Bedroom 2: 2.84m x 2.62m 9’3” x 8’7”

The floorplan and dimensions are from a typical apartment for this development and is only applicable to plot A

Specification
• Fully fitted kitchen with oven, hob and extractor
• Fridge/freezer and washer/dryer
• Fitted carpet to living areas
• Flooring to kitchen and bathroom
• En-suite bathroom to master bedroom
• Gas central heating
• Double glazing throughout
• TV and BT points to living room and master bedroom
• Communal TV aerial
• Door entry system
• Gated allocated parking
• 12 year NHBC Warranty

2 bedroom apartments available exclusively for the over 55's.

It has never been a better time to think about owning your own home through Paradigm.
The homes available at The Sidings for people aged over 55 are ideal for singles and couples who are looking to downsize, or simply want to enjoy their impending retirement without the worry of paying a mortgage every month. Using capital released from the sale of your existing property, purchasing up to a 75% share of your new home at The Sidings is easy. Importantly, if you are able to buy a 75% share, you will not be required to pay any affordable rent thereafter.

So how does it work? You purchase a share in a new property and pay an affordable rent on the share you don’t own up to 75%. Typically, the part you do own will be funded by a mortgage and savings. Over time, you can buy greater shares until you own up to 75% of the property, a process called ‘staircasing’. Shared Ownership is often referred to as New Build HomeBuy or part buy, part rent. Importantly, it doesn’t mean you have to share your home with someone else!