Saffron provides quality homes in GeldestonPublished: 22nd November 2019
Saffron Housing Trust has recently completed four new Shared Ownership properties in Geldeston to help provide homes for people in need.
Built on a former garage site, owned by Saffron, the quality homes are made up of two two-bedroom properties and two three-bedroom properties.
Richard Browes, Development Team Leader at Saffron Housing Trust, said: “The four Shared Ownership properties that have been built on Saffron’s existing land and constructed with funding from Homes England will be a very welcome addition to the local area in south Norfolk.
“Residents will benefit from a high-quality home in a tranquil location with views overlooking the River Waveney Valley with other local amenities nearby.”
The rest of the development consists of three- and four-bedroom homes for sale along with a community green space and parking. Saffron has worked in partnership with Architects Ingleton Wood and developers FW properties on the site.
Alec Hunter, Senior Associate at Ingleton Wood, based in Norwich, who oversaw the development, said: “These modern properties set in an idyllic rural location represent an important contribution to the provision of affordable and family housing for the local area.
“We are very experienced in building thriving communities and work diligently to ensure we respect the rural nature of the local area.
“We are very pleased with the project and strong early demand demonstrates that affordable and family housing is much-needed in the south Norfolk area.”
Mrs Brown a new customer who has recently move into one of the Shared Ownership homes said: “I moved from Lincolnshire to be closer to my family and couldn’t have asked for a better home. Everyone at Saffron has been so helpful throughout the whole process, nothing was too much trouble. I have settled in well here.”
Shared ownership is a scheme that can help first-time buyers get a foot on the property ladder. A share in the property is bought, typically 50%, subsidised rent on the remainder is paid. In the future further shares can be bought and eventually own the property outright.