Successful assisted home ownership development in Cardiff
Despite a gloomy housing market over 75% of our Richards Court development is now sold.
There has been strong interest in the development since it was released for sale in the summer.
The development comprises 24 two bedroom flats each with allocated car parking and with both shared ownership (part buy, part rent) and shared equity buying options on offer the properties represent a real opportunity for local first time buyers to get a foot on the Cardiff property ladder.
Alan Morgan, Managing Director of Hafod says; “Richards Court is a prime example of how Housing Associations can make a real difference to people’s lives. Without our assisted home ownership option single people or those on more modest incomes would simply have no chance of buying a decent home”.
A key factor in Richards Court’s success is that unlike other developments there are no hidden catches or deadlines when it comes to buying out Hafods share. In addition, because the building is managed by Hafod the service charge is set a level that people can actually afford.
For more details on Richards Court please visit the Home Ownership section.