Riverside Place

Scotland Road, Carnforth, LA5 9RE

Semi-detached
3 bedrooms

Prices from…

Shared ownership:	£61,250*

1 of 4

Between coast and country

We are delighted to be releasing our next phase of new homes! Situated near to the centre of Carnforth, Riverside Place is a new development that has been thoughtfully designed to include quiet avenues and cul-de-sacs resulting in minimal fast-moving or through traffic.

This brand-new community is well connected and has an excellent range of facilities to suit all ages, from play areas to nature walks. Our collection of three-bedroom homes, available with shared ownership, have been designed for today’s modern lifestyles and come with some great features.

All of our homes are currently reserved. We will be releasing more homes in the future, you can register your interest for these here.

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Key features of Riverside Place

Less than a mile to the centre of Carnforth
Lake District National Park is a 20-minute drive away
Landscaped with natural open spaces and walk-ways
Village like setting
Great transport connections, nearby link to the M6 motorway
Best of rural and coastal living with essential amenities close by

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What's around the area

Shared Ownership

Shared ownership is a government-backed scheme that makes it easier for you to buy an affordable stake in a property.

The share you buy is dependent on your financial and personal circumstances. It can be from a minimum of 25% to a maximum of 75% share of the full market value of the property. You may be able to buy further shares at a later stage and in most instances you will be able to buy up to 100% of the shares in your home and own it outright. However, in some cases there may be restrictions on when you can buy a further share or on the maximum total share you can own.

Further information can be found in our Shared ownership article.

Do I Qualify?

You qualify for shared ownership if you:

Have a household income of under £80,000 (less than £90,000 in London)
Don’t currently own your home and can’t afford to on the open market
Can afford the minimum deposit
Pass an affordability check to make sure you can get a mortgage

* The full market value of these homes is from £245,000 but, with shared ownership, you could purchase an initial 25% share for just £61,250 and pay a monthly rent on the remaining share. If you’re buying with a mortgage you may only need a deposit of 5% of the amount you borrow, meaning your deposit could be as low as £3,063.