Willow Lodge, Riverwell Close, Watford, Hertfordshire, WD18

New Homes in Watford - SHARED OWNERSHIP

Willow Lodge is a brand new development of stylish One & Two bedroom apartments located at Watford's exciting Riverwell development and all available to purchase through Shared Ownership.

There are 23 homes available, consisting of 14 two bedroom and 9 one bedroom apartments, all built to a high standard with quality fixtures and fittings.
Apartment 22 is a third floor two bedroom apartment measuring 756SQFT. The purchase price of £175,050 is based on a 45% share of the property with an additional rental figure payable.

Shared Ownership is an affordable home ownership scheme which makes it easier for first time buyers to get on the property ladder.

If you can't quite afford the mortgage on 100% of a home, Shared Ownership offers you the chance to buy a share of your home and pay rent on the remaining share. Later on, you could buy more shares when you can afford to.

To qualify to buy a shared ownership home at Willow Lodge you will need to meet some of the following criteria

1.) You have a gross household income of no more than £80,000 per annum.
2.) You are unable to purchase a suitable home to meet your housing needs on the open market.
3.) You currently live and work in Watford and have done so for the past 12 months, or
4.) You Live in Watford (please note priority will be given to Hospital workers)
5.) You are employed in Watford for at least 24 hours a week and have been for the last 12 months.
(please note priority will be given to purchasers employed at the Hospital)
6.) Have family (parents, adult siblings, adult children) living in Watford.

Call our New Homes team for more details.

Please note: These plots are to the rear of the building in the CGI.