Say hello to The Ostlers; a collection of traditional two and three bedroom Shared Ownership homes available in Rackheath, Norwich.
The Ostlers Welcomes You Home
With its open countryside and long coastline, Norfolk is a great place to live and the new community at The Ostlers offers an excellent opportunity to get onto the housing ladder in a beautiful, rural location.
Each home is attractively designed in a traditional style and provides everything you need for contemporary living. With your own private garden, paved patio area, and built-in and stainless steel appliances, The Ostlers is the ideal space to host the perfect springtime dinner party.
There are two local villages on your doorstep, as well as the village of Rackheath which offers a choice of shops, restaurants, schools, pubs and medical facilities nearby.
From The Norfolk Broads to Beaches
The Ostlers is well placed to explore the delights of Norfolk, East Anglia and beyond. The Norfolk Broads National Park is just a short distance away, meaning it’s easy to explore its rich tapestry of water, skyscapes and wildlife on a lazy summer’s day.
Within easy reach there are heritage railways and royal palaces, magnificent views and ancient forests. From the bright lights of Great Yarmouth’s Golden Mile to the crab restaurants of Cromer and the quiet beaches in between, there’s also every type of seaside you could wish for just a short drive away.
From nearby Salhouse Station there are regular trains to Norwich, Cromer and Sheringham. The Norwich service takes just 13 minutes and, from here, you can get to Ipswich in 40 minutes, and London Liverpool Street in 1 hour 54 minutes.
The village has good bus services too and you have an easy road connection right into the centre of Norwich. The A47 is easy to access, linking you with destinations throughout East Anglia, the M11 and national motorway network.
Norwich also has an international airport, with flights to destinations across Europe. Yet, with the Norfolk Broads so close by, perhaps the perfect mode of travel is by boat, quietly cruising the waterways and looking for a glimpse of a water vole among the reeds.
Shared Ownership at The Ostlers
The Government-backed Shared Ownership scheme allows you to purchase a desirable property at The Ostlers at a fraction of the market price. Here’s how:
Let’s say you want to purchase a house at The Ostley, valued at £260,000. Luckily, with Shared Ownership you don’t need to pay the full amount. Instead, you can opt to purchase a 40% share of the property – £104,000. You then need to raise a 5% deposit for your 40% share – just £5,200– and secure a mortgage on the outstanding amount.
Furthermore, if after you have moved into the property you decide you want to own the property outright, you can increase the share you own of your property to 100% – something we call ‘Staircasing’.
To register your interest in this remarkable development, you can click here. Or, head to our social media profiles on Instagram and Facebook (@legalandgeneralaffordable) to ask your property questions. #LandGAH #TheOstlers