Shared Ownership is a type of affordable homeownership when a purchaser takes out a mortgage on a share of a property and pays rent to a landlord on the remaining share.
Please note: Eligibility criteria may vary per housing association and therefore you should always check the exact criteria with the developer or housing association responsible for the exploitation of the project.
We checked the information and the developer's representatives confirmed that units in this residential complex can be purchased by using a mortgage.
In this complex it is only possible to buy an apartment for those aged 60 or older.
Elgar Place has been named after Sir Edward William Elgar, an English composer and a resident of the Maidenhead area. Elgar Place is a retirement apartment complex located in the centre of the town. As a result, the residents can enjoy many benefits for a high standard of living. The building is within walking distance of shops and supermarkets, including Nicholsons Shopping Center, Waitrose & Partners, Marks and Spencer. The area is also rich in great restaurants and cosy cafes, for example, Sorano Italian Restaurant, The Broadwick Restaurant & Bar, and The Maiden's Head. Here you can always try delicious food and drinks. In their spare time, the Elgar Place residents can visit the Desborough Theater, Maidenhead Heritage Center, or Desborough Bowling Club. Local Kidwells Park and Grenfell Park are great places for leisurely walks with friends. There are hospitals, pharmacies, schools and nurseries near Elgar Place. The local transport interchange includes options such as bus stops and Maidenhead railway station.
Elgar Place is a cosy 7-storey residential complex built in a modern minimalist style. The building comes with a low brown multi-pitched roof, many windows and balconies with transparent railings. There are two types of exterior finishes, namely light brown brick and white stucco. The complex has a non-standard shape, consisting of several blocks, ascending in height.
Since Elgar Place is designed for retirees, the developer has taken care of all the necessary benefits. The building is equipped with lifts to all floors and wheelchair access. There is parking for cars on the territory. At the disposal of residents is a roof terrace with comfortable gazebos under awnings, where they can relax, play board games and communicate with neighbours. The security system provides careline alarm service, fire detection, intruder alarm, camera entry system and a 24/7 call system.
Elgar Place consists of 38 stylish 1- and 2-bedroom apartments. Each residential unit comes with a balcony. The apartment is bright and airy, with thoughtful features such as waist-length power outlets, a modern ivory-coloured fitted kitchen, and electric windows in the kitchen. The bathrooms feature high-quality sanitaryware.
Founded in 1977, McCarthy & Stone is one of the UK's leading property development companies, building homes and communities for retirees. It creates high quality and sophisticated homes all over the country. The company's portfolio consists of over 58,000 objects, including apartments and cottages. Residential complexes McCarthy & Stone allow retirees to do what they like, live comfortably and communicate with like-minded people. You can find all of the developer's current projects on Korter, such as Loddon House in Berkshire, Southborough Gate in Kent, Edward House in Hertfordshire, and more. Visit the official website to get more information.