De La Mare Nurseries

We are pleased to advise that we sold 6 affordable homes at this exciting development in November 2018.  Located on La Rue A Don in Grouville, these properties offered good sized 3 bedroom family homes, each with two designated surface parking spaces and private gardens.  An estate site map and floor plans to each home are detailed below.

2018 – De La Mare – Site Plan

Download floor plans for properties 1 to 3

Download floor plans for properties 4 to 6

 
The estate offers a mixed tenure set up where these 6 homes are now sold and privately owned as affordable homes, and the remaining 29 properties remain as affordable rental stock owned by Jersey Homes Trust.  The Trust intend to manage the upkeep of the estate and proportion any communal costs on a yearly basis. 
 

How did we make the homes affordable

All 6 properties were sold through a scheme similar to Andium Homebuy.  The First Time Buyer Sale Price for these homes ranged from £460,000 to £475,000, dependant on individual plots and final valuations. For these homes, the purchasers deferred 29% of the First Time Buyer Sale Price until the property is next conveyed, which is generally when the property is next sold.  This means that the purchaser was only required to pay 71% of the purchase price, whilst still owning the property in full.  The deferred payment value is now held as a charge against the property secondary to the mortgage.
 
When the property is next sold it must be to an eligible person, being someone who is registered in Band 5 on the Affordable Housing Gateway (the ‘Gateway’).  The deferred payment will then be passed on to the next owner making the property affordable for future owners.
 

Last modified: 06/09/2018

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Opening Hours Monday to Friday 9am to 5pm & Saturday 9am to 1pm
Andium Homes Limited 33-35 Don Street St Helier Jersey JE2 4TQ
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