Ivy Crescent

Location

Located in the historic market town of Highbridge, Isleport Grove offers a great balance of countryside surroundings and coastal living. Burnham-on-Sea and Apex Park are just a short drive away, perfect for walks and family outings. The M5 is nearby, and Highbridge & Burnham railway station is less than a mile from the development, with direct links to Bristol, Taunton and Exeter. Bristol city centre can be reached in around 45 minutes by car or 40 minutes by train. Everyday essentials are well catered for, with a local supermarket just five minutes away, along with a variety of shops, services, and eateries in nearby Highbridge and Burnham-on-Sea. Families will be pleased to find a fantastic choice of Ofsted-rated ‘Good’ primary and secondary schools close by. For seaside fun, Burnham-on-Sea beach lies just three miles away, while the ever-popular Weston-super-Mare is within easy reach, only a 20-minute drive.

About Magna

Magna Housing is a medium-sized, independent housing company which works with local communities to help people solve their housing problems and make their housing dreams come true, overwhelmingly in the counties of Dorset and Somerset.

What Is Shared Ownership?

You buy an initial share in your new homes - usually between 25% and 75% - and you pay a discounted rent on the remaining share. The share you buy will be the most you can afford based on a financial assessment. Then, if your financial circumstances change, you can buy further shares as and when it is appropriate to you, and in most cases you can own your home outright.

It does not mean that you have to share your home with anyone! Not just for first time buyers!

Eligibility

You are not eligible to apply if you:
-Already own a home, or
-Are selling your current home but it is not yet under offer (sold subject to contract).

Basic shared ownership criteria:
-You cannot afford to buy a similar home on the open market.
-You do not have any County Court Judgements (CCJs) against you.
-Your household income does not exceed £80,000.
-You can afford the mortgage and deposit for the share you wish to purchase, or you have enough equity to buy the share.
-You do not own another property (if you do, it must be sold before completing on the shared ownership home).

Please Note

We will endeavour to use the photographs and virtual tours of the actual property but may also show pictures/videos of the showhome, other plots on the development and/or computer generated images. Floorplan images may be handed. Reservation fee applies.