Councillor officially opens Silverbirch development
Wednesday 24 January 2018
Councillor John Harrison, cabinet member for housing and
transport, formally opened a new development of affordable homes
today (24 January), in Camperdown.
The Silverbirch site comprises 40 homes, two bedroom bungalows
and two and three bedroom houses, for shared ownership with
Riverside Home Ownership (RHO).
Cllr. Harrison and buyer Michelle officially
Michelle, aged 35, was able to buy a new three bedroom townhouse
with a £16,600 deposit and will have a 45% share in the home. She
will live there with her husband and three children aged 10, 11 and
Michelle said: "The location of Silverbirch is what first
attracted us to the site - it's perfectly positioned for my husband
to get to work and for my sons to get to school and
"We wouldn't have been able to afford this style and size of
house without the shared ownership scheme. One of the main benefits
is that we will eventually own the property outright by simply
buying more shares over the years. We're delighted to be moving in
to our dream forever home."
Cllr John Harrison officiated proceedings by cutting the ribbon
in front of an expectant audience, alongside Michelle Kalthoeber,
one of the developments' first purchasers.
The councillor said: "It is a great honour to formally
open Silverbirch. This new development is exactly what the area
needed and many first-time buyers and families now have the chance
to take the first step to owning a property.
"The housing market in the North East will certainly benefit
from more affordable homes and I look forward to seeing this growth
over the next few years."
The new development has been welcomed by many and offers the
local and wider community the opportunity to own a share in a new,
energy efficient home.
RHO, in partnership with leading regeneration specialist
Galliford Try Partnerships North, is contributing to the delivery
of 131 new affordable houses across the borough.
Sean Egan, managing director with the developer, said: "We
are pleased to have, once again, worked with Riverside on a
development which improves the quality and choice of homes for
people of the North East.
Nonie Campbell, sales negotiator at RHO commented: "It is
fantastic to welcome Cllr John Harrison to the Silverbirch
"Since we announced our plans, interest has been incredibly high
and many properties are now reserved. We recommend prospective
buyers to contact us soon to avoid missing out."
Each home at Silverbirch is built with modern living in mind and
include a new fitted kitchen complete with integrated appliances,
generous sized living areas, spacious bedrooms and a contemporary
family bathroom. A show home is also now open to the public.
Shared ownership means people can buy a share in a property and
pay rent on the part that you don't own. A range of share options
are available and buyers will benefit from expert advice and
support from RHO's team.
Prices start from just £32,500 for a 25% share in a two bedroom
home and £40,000 for a 25% share in a three bedroom home.