New shared ownership homes available

Redcar offers everything you need on a day-to-day basis. This includes a post office and a range of supermarkets and banks, along with several GP and dental surgeries and two hospitals. There is a lot to do in your leisure time. The town has cricket, football and golf clubs, as well as its own leisure centre and choice of bars and restaurants. Alternatively, you can visit the town’s racecourse, or enjoy time in the fresh air at Zetland or Borough parks. You can also take a short drive inland to the Kirkleatham Owl Centre, or visit the Kirkleatham Museum which is set in a beautiful 18th century building. Of course, the jewel in Redcar’s crown is its beach, which has won a Seaside Award for its cleanliness and water quality and is a popular destination throughout the year.

Scholars Park benefits from a choice of schools, including Wheatlands Primary which is just three minutes away on foot. Other schools for little ones include Lakes, Ings Farm, Coatham and Green Gates. Older pupils are catered for at Rye Hills School, a 13-minute walk away, as well as Redcar Academy and Sacred Heart. The development is a five minute drive away from Redcar Central railway station, which offers journeys to Middlesbrough, Darlington, Saltburn and Bishop Auckland. The A19, A174, A172 and A171 are all easily accessible. For international travel, Durham Tees Valley International Airport is 30 minutes away by car.

What's included?

The Ash is a modern two bedroom, two storey home built with all the essentials for the perfect pad:

  • Open plan living and dining area
  • Separate fitted kitchen
  • Integrated hob, oven and extractor
  • Downstairs cloakroom
  • French doors into garden
  • Large master bedroom overlooking rear garden
  • Contemporary family bathroom
  • Double glazing
  • Gas central heating
  • 10-year NHBC warranty.

Prices start from £64,000 for a 50% share with a 5% deposit of just £3,200 – helping you make your dream of stepping onto the property ladder a reality.

Fore more information you can view the:

Scholars Park house type

Scholars Park overview

Site Layout

What is shared ownership?

Shared ownership is a scheme that helps people get onto the property ladder who might have previously thought buying a new home was out of reach.

Through shared ownership, you can buy a share in the property with a mortgage or lump sum and pay an affordable rent of the remaining share that you don’t own. You can initially own a share between 25% and 75% of the property, which is determined by your income and expenditure. You can increase your share up to 100% at any time or by in increments until you own the property outright.

You will be able to make any alterations and improvements to your home, as well as selling it if you want to move.

To access shared ownership you will need to meet a minimum set of qualification criteria:

Anyone who does not currently own or part own a property and has a household income of less than £80,000 a year, first time buyers or previous homeowners wishing to return to the housing market

We will also carry out a financial assessment to make sure you can afford the mortgage and rent.

Once you have been approved and have chosen a new home, you will purchase the property just like any other new home obtaining a mortgage from the lender of your choice.

For more information or to express your interest in these properties, please contact Vicky Griffiths on 01642 836050 or vicky.griffiths@beyondhousing.co.uk.