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Solway Drive, Walney Island - South Lakes Housing

Solway Drive, Walney Island

South Lakes Housing offered 22 properties on this development by Leck Construction. 6 will be available through Affordable Rent, 2 through Rent to Buy and 14 will be available for purchase via Shared Ownership. This development was completed in July 2021. South Lakes Housing has received funding from Homes England for this development.

Shared ownership:

  • 2 x 2 bedroom houses
  • 12 x 3 bedroom houses

Rent to Buy

  • 2 x 3 bedroom houses

Rent to Buy is a government designed scheme that allows working households to rent a home at 20% below the open market rent (Intermediate rent). This can provide you with the opportunity to save for a deposit to go on and purchase your home in the future.

With Rent to Buy, you can live in a high-quality, new build home at Intermediate Rent (approximately 80% of the open market rent) for a minimum of five years. During that time, you will save towards a deposit and have the option to buy your home.

All homes on this development have now been sold or have been allocated.

 

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