- Wed 22 Oct 2025
We’re delighted to announce that the last few remaining shared ownership plots have now been launched at Weavers Place in North Tawton, built by Allison Homes.
This exclusive collection of just six beautifully designed 3- and 4-bedroom homes offers the perfect blend of modern living and countryside charm - ideal for families, couples, or anyone looking to settle in this lovely Devon community.
Now Available Under the Shared Ownership Scheme
These homes have now been released under the Shared Ownership scheme, offering an affordable way to step onto the property ladder with shares available from 50%.
Shared Ownership allows you to buy a share of your home (usually between 50% and 75%) and pay rent on the remaining share. This means you can enjoy all the benefits of owning your own home with a smaller deposit and lower monthly payments than buying outright.
As your circumstances change, you can increase your share over time - known as staircasing - until you own 100% of your home.
How the Shared Ownership Scheme Works
To be eligible for a Shared Ownership property in England or Wales, you must:
• Have a household income of no more than £80,000 per year (or £90,000 in London)
• Have a deposit of at least 5% of the share value you’re buying
• Be a first-time buyer, or someone who previously owned a home but can’t currently afford to buy outright
• Use the property as your main and only home
• Pass a financial assessment to demonstrate you can afford the purchase and ongoing costs
You and the housing provider become partners in your new home, giving you the security and stability of homeownership, with the flexibility to buy more when you’re ready.
Don’t Miss Out!
With only six homes available, this is your final opportunity to become part of the welcoming community at Weavers Place.
For more information, call Bradleys Crediton office on 01363 775556
or
Click here to check availability and find out more
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