Two housing developments in Margate are providing additional affordable homes for people in the area.

Vistry Group, Britain’s biggest housebuilder is currently delivering 430 new homes within the new neighbourhood taking shape off Nash Road – 140 of these under its Linden Homes brand at Westwood Point and 290 under its Bovis Homes brand at Artemis View.

As part of the planning agreement for these two developments, 124 of these homes have been designated as affordable housing available for local people through low-cost rent or shared ownership.

In addition to this, 105 of the open market homes at the two developments are available to buy as shared ownership properties through a partnership between Vistry and Sage Homes.

There’s currently a choice of three-bedroom houses available as shared ownership properties with Sage Homes at Artemis View, with prices for a 45 per cent share starting from £162,000 for a three-bedroom home. Meanwhile at Westwood Point, a 45 per cent share in a choice of three-bedroom Sage Homes properties starts from £146,250.

Regional sales director for Vistry Kent, Mary McHutchison, said: “Shared ownership is creating new opportunities for people to take that difficult first or next step on the property ladder much more easily.

“Customers pay rent on the portion of the home they don’t own, but they can live in the property as if they own it in full. To be eligible, they need to have a household income of less than £80,000, be able to put down a deposit of at least five per cent of the value of the share they are buying and meet affordability checks.

“By choosing this route into homeownership, they can enjoy the benefits of living in a new energy-efficient property, with the peace of mind that everything is brand new and there are no hidden DIY or repair costs to face once they’ve moved in.

“We’re proud that our partnership with Sage Homes at Westwood Point and Artemis View has already delivered significant benefits for first-time buyers and those looking to move home in the Margate area and is continuing to provide a solution for those who might otherwise not be able to buy a home which suits their needs.”

Alongside the new homes at Artemis View and Westwood Point, Vistry is providing new green open space and a children’s play area.

Both the site managers for Artemis View and Westwood Point have been recognised for the high standard of their work having recently won a National Housebuilding Council (NHBC) Pride in the Job Quality Awards.

The developments are part of a new neighbourhood which is planned to deliver more than 900 homes in Margate, with a pub, food store and care home already completed.

For more information about the new homes at Artemis View or Westwood Point, visit bovishomes.co.uk or lindenhomes.co.uk.