First New ‘Affordable Homes’ Hit The Market

The first new homes to be built as part of an affordable housing project in Market Harborough have hit the market.

Housing association Platform has released 19 shared ownership properties at Naseby Square on the Southern Estate, with some already reserved.

Construction work is continuing on a further 19 houses and bungalows, which will be offered for affordable rent.

One of the new homes at Naseby Square

Shared Ownership allows for a more affordable and accessible route onto the property ladder, with buyers able to purchase a share between 10% and 75% of their home, paying rent on the remainder, depending on the model purchased with, with a lower deposit needed.

Rada Knezevic, Sales Consultant at Platform, said: “The high-quality homes at Naseby Square offer a great opportunity for home seekers to get onto the property ladder with an alternative route to a traditional purchase.

“We’re pleased to see there has been great interest in the properties, with the quality in build, energy efficiency and proximity to a renowned town all strong reasons for settling down here.”

Shared Ownership has increasingly become a more popular and viable route towards owning a home outright, with Platform seeing a 179% increase in sales through at this stage of the 2024/25 financial year when comparing to the previous year.