Rinsey Lane
Coastline is excited to offer six new shared ownership properties in Ashton. To get the latest information and guidance to complete an application, please register your interest on Share to Buy.
If you have already registered your interest on Share to Buy you will have received an email from soapplications@coastlinehousing.co.uk containing our online application form and guidance on the next steps to complete your application.
Rinsey Lane features a range of 2, 3 and 4-bedroom homes, all equipped with air source heat pumps, private gardens and two parking spaces, one with EV charging.
Applications will initially be open for two weeks to those with a connection to the Parish of Breage. During this time, our Sales Team will process applications on a first-come, first-served basis subject to receiving a completed application.
Please refer to the following pages for more details on:
- House types
- Site layout
- Specification
- Pricing (including example shares of 30%)
Before applying for a shared ownership home with Coastline, please ensure you’ve read all our guides on shared ownership. If you have any questions about shared ownership or the homes at Rinsey Lane, don’t hesitate to contact our Sales Team by calling 01209 200230 or emailing home.ownership@coastlinehousing.co.uk.
If you have not already done so, we encourage you to register your interest in the homes on Share to Buy. This will notify the team that you are interested in applying for a property. If there is still availability, we will contact you with our application form and information on the next steps you need to take to complete your application.
The first 25% of homes allocated on this development are available with the full range of shared ownership purchase options (typically between 10% and 75%). Once 25% of the homes have been allocated, Coastline Housing may adjust the minimum share available on the remaining homes. This adjustment helps to ensure the development remains financially viable. As a result, the minimum share for later homes may increase.
The Mortgage People (TMP) may continue to take you through the financial assessment process; please be aware that your application may be declined if an adjusted minimum share is above your maximum affordability threshold once 25% of the homes have been allocated.
Eligibility
To be eligible to apply for a property on this scheme, you are required to evidence that you have a connection to the Parish of Breage. Coastline will need to receive the relevant evidence before an offer of a property can be made.
To meet the local connection criteria for this scheme, you will need to meet one of the following:
a) being permanently resident therein for a continuous period of at least three (3) years immediately prior to the date of a Housing Application; or
b) being formerly permanently resident therein for a continuous period of at least five (5) years; or
c) having your place of permanent work (normally regarded as 16 hours or more a week and not including seasonal or casual employment) therein for a continuous period of at least three (3) years immediately prior to the date of a Housing Application; or
d) having a connection through a close family member (normally mother, father, brother, sister, son or daughter) where the family member is currently resident therein and has been so for a continuous period of at least five (5) years immediately prior to the date of a Housing Application and where there is independent evidence that the family member is in need of or can give support for the foreseeable future or on an ongoing basis
*The local connection criteria does not apply if you are a serving or previously serving member of the regular armed forces or qualifying under any other clause of the Allocation of Housing (qualification criteria for armed forces) (England) regulations 2012.
**If there is still availability on this scheme after two weeks, applications will then be opened to applicants that hold a connection to the secondary area, defined as the neighbouring Parishes of Germoe, Porthleven, St Hilary, Crowan and St Erth.
***If there is still availability on this scheme two weeks after the initial cascade to the neighbouring parishes, applications will then be invited from applicants that hold a connection to the County of Cornwall.
****If after 70 days from the date of advertising the homes for sale there is still availability, the homes may be opened up to a person who meets at least one of the points a – d listed above, or who holds a Minimum Local Connection to the County of Cornwall.
The Hendra
Approximate Room Dimensions
| Kitchen / Dining Room | 3.70m x 6.37m |
| Living Room | 3.43m x 6.37m |
| Bedroom One | 3.40m x 3.06m |
| Bedroom Two | 3.36m x 3.41m |
| Bedroom Three | 4.23m x 2.87m |
| Bedroom Four | 3.40m x 2.68m |
| Bathroom | 2.81m x 2.09m |
| W/C | 1.07m x 1.90m |
These computer generated images and floor plans have been produced for illustrative purposes only. The illustrations shown are computer generated impressions of how the property may look so are indicative only. External and internal details or finishes may vary on individual plots. Exact specifications, window styles and whether a property is left or right handed may differ from plot to plot. The floor plans shown are not to scale. Measurements are based on the original drawings.
The Nichols
Approximate Room Dimensions
| Living Room | 3.20m x 3.97m |
| Kitchen / Dining Room | 7.11m x 3.36m |
| Bedroom One | 2.81m x 4.48m |
| Bedroom Two | 4.12m x 3.36m |
| Bedroom Three | 4.32m x 2.76m |
| Bathroom | 2.69m x 1.96m |
| W/C | 1.19m x 1.96m |
These computer generated images and floor plans have been produced for illustrative purposes only. The illustrations shown are computer generated impressions of how the property may look so are indicative only. External and internal details or finishes may vary on individual plots. Exact specifications, window styles and whether a property is left or right handed may differ from plot to plot. The floor plans shown are not to scale. Measurements are based on the original drawings.
The Porthcew
Approximate Room Dimensions
| Living Room | 2.75m x 3.95m |
| Kitchen / Dining Room | 5.66m x 3.26m |
| Bedroom One | 3.30m x 4.35m |
| Bedroom Two | 4.64m x 2.76m |
| Bathroom | 2.26m x 1.94m |
| W/C | 2.34m x 0.97m |
These computer generated images and floor plans have been produced for illustrative purposes only. The illustrations shown are computer generated impressions of how the property may look so are indicative only. External and internal details or finishes may vary on individual plots. Exact specifications, window styles and whether a property is left or right handed may differ from plot to plot. The floor plans shown are not to scale. Measurements are based on the original drawings.
The Specification
The specification set out below is for general guidance and could be subject to change. This does not form any part of contract.
In the kitchens
- Howdens Greenwich range kitchen units in Dove Grey with White cabinets and brushed stainless steel handles
- White Sparkle Quartz square edge worktop
- White Glass splashback
- Lamona Built-In Single Oven and 4 Zone Ceramic Hob with Chimney Hood
- Drayton 1.5 bowl stainless stell sink with Rienza Swan Neck Tap
In the bathrooms
- Sandringham 21 anti-slip steel bath 1,700 x 700mm
- Vado Celsius BSM taps and shower over bath
- Glass semi-framed, hinged shower screen
- 450 x 600mm mirror
- Grey ceramic tiling
- 240/115v shaver light to each bathroom
General Features
- Two parking spaces per plot, one with EV charging capability
- Fibre to the Premises
- Air Source Heat Pump
- Stainfree Forte carpet in Taupe to habitable rooms
- Tarkett Goliath vinyl flooring in Skane Herringbone Wheat to bathrooms and kitchen
- Satin chrome coat hooks (one per bed space)
Pricelist
The shares available to purchase for homes under this scheme range from 10% to 75%. The shares shown in the table below are for illustrative purposes only and to provide an example of the costs associated with shared ownership. The shares offered depend on the buyer's individual circumstances, as determined by an individual assessment. Once 25% of the homes have been allocated, Coastline Housing will adjust the minimum share available on the remaining homes. As a result, the minimum share for later homes will increase.
| Plot | House-type | Beds | Open Market Value | Example Share | Share Value | Rent PCM | Buildings Insurance | Service Charges |
|---|---|---|---|---|---|---|---|---|
| 2 | Hendra | 4 | £450,000 | 25% | £112,500 | 703.13 | £20.76 | £133.67 |
| 3 | Hendra | 4 | £450,000 | 25% | £112,500 | £703.13 | £20.76 | £133.67 |
| 4 | Hendra | 4 | £452,500 | 25% | £113,125 | £707.03 | £20.76 | £133.67 |
| 5 | Nichols | 3 | £335,000 | 30% | £100,500 | £488.54 | £13.72 | £133.67 |
| 6 | Nichols | 3 | £337,500 | 30% | £101,250 | £492.19 | £13.72 | £133.67 |
| 7 | Porthcew | 2 | £295,000 | 35% | £103,250 | £399.48 | £12.28 | £133.67 |
Address:
Coastline House,
Barncoose Gateway Park,
Redruth,
TR15 3RQ
Barncoose Gateway Park,
Redruth,
TR15 3RQ
Tel: 01209 200230
Email: home.ownership@coastlinehousing.co.uk