We're excited to announce we'll soon be offering our first Rent to Buy properties at Marina Gardens. The first phase of eight Rent to Buy apartments comprises studios, 1, and 2-bed apartments. These eight properties are just the start of a larger programme of 25 Rent to Buy apartments, with the remaining 17 coming in Spring 2024.
A landmark development in the heart of Portishead, Marina Gardens boasts 127 apartments across three tenure types; Shared Ownership, social rent, and Rent to Buy.
Rent to Buy is an affordable step to homeownership. It allows customers to rent a home for up to five years at a discount from the market rate. Customers can then use the discount to save up for a deposit to buy the home.
Michelle Harper, Tenancy Services Manager, said "We're thrilled to launch the first Rent to Buy apartments at Marina Gardens, a significant step in our ambition to make housing more affordable in North Somerset. The Rent to Buy scheme strengthens our commitment to providing accessible housing solutions and empowering individuals to achieve their homeownership dreams."
You can explore the development here. If you're interested in exploring our Rent to Buy apartments, we'll be hosting two open days over the next few weeks:
Open Days:
Date: Friday 1 December 2023
Time: 10 am - 12 pm
Location: Marina Gardens, 49 Martingale Way, Portishead, Bristol BS20 7SG
Date: Monday 4 December 2023
Time: 4 pm - 8 pm
Location: Marina Gardens, 49 Martingale Way, Portishead, Bristol BS20 7SG
Refer to the Marina Gardens development webpage for more information about when applications will open for the Rent to Buy properties.
If you have questions about the development or Rent to Buy you can contact us at renttobuy@alliancehomes.org.uk or call 03000 120 120.