Lodge Wood Low Cost Home Ownership
The homes at the Lodge Wood development off Maidstone Road in Ashford were built by Abbey Developments Limited. Some of the dwellings were sold as low cost home ownership properties under a lease granted by Abbey Developments.
Anyone wishing to sell one of these properties must first give the council time to nominate a buyer. Some of these homes can only be sold at less than the market value to ensure they remain affordable.
If you are an existing leaseholder, or if you are thinking of buying one of those properties, you can learn more about the process involved. The following summaries provide additional information, depending on the particular lease:
The following properties currently have a sale price restriction: 2 Hill Rise, 17 Hill Rise, 26 Lodge Wood Drive, 10 Squirrel Lane and 5 Sun Rise.
The following properties have no sale price restriction: 9 Sun Rise, 10 Sun Rise and 11 Sun Rise.
If your property is not listed, you should get a solicitor to check your lease. They can check if there is a restriction on the sale price or not. You should also get legal advice before deciding to buy or sell. Existing leaseholders should email Bill Callinan at Abbey New Homes in order to start the process.