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2 bed town house
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Broadnook Garden Village is a new development near Rothley, Leicestershire, offering two-bedroom homes through the New Model Shared Ownership (nmso) scheme. Shared ownership allows buyers to purchase an initial share ranging from 25% to 75% in 5% increments, with affordable rent on the remaining percentage. The lease length term is 990 years. Homeowners have the option to increase their ownership stake through a gradual staircasing process, purchasing additional 1% shares annually for a maximum of 15 years. The development also offers a 10-year period where the builder can support with the cost of repairs and maintenance.