Stabler Way

Location

Warmwell Rise is a new collection of homes set just off Frome Valley Road, close to the market town of Dorchester. This peaceful rural development offers the best of Dorset living, with beautiful countryside all around and plenty of useful facilities nearby. Dorchester is around six miles away and has a great choice of shops, independent cafes, markets, and leisure activities, making it easy to enjoy day-to-day life. The development is situated in the village of Crossways, a popular location known for its relaxed atmosphere and excellent local connections. Residents will enjoy convenient access to village shops, pubs and everyday essentials, along with scenic walking routes and nature trails. Getting around from Crossways is straightforward. Nearby, Moreton railway station provides regular services to Dorchester in around 7 minutes and to Weymouth in approximately 20 minutes ideal for commuters or for days out by the coast. Warmwell Rise has been designed with nature and the community in mind. The development will include open green spaces for residents to enjoy, with existing hedgerows and mature trees carefully protected. New planting will help to encourage local wildlife, and a network of new footpaths will run throughout the green spaces, linking to the paths already found in Crossways. Warmwell Rise offers a welcoming mix of modern living and village charm, making it a wonderful place to call home.

About Magna

Magna Housing is a medium-sized, independent housing company which works with local communities to help people solve their housing problems and make their housing dreams come true, overwhelmingly in the counties of Dorset and Somerset.

What Is Shared Ownership?

You buy an initial share in your new homes - usually between 25% and 75% - and you pay a discounted rent on the remaining share. The share you buy will be the most you can afford based on a financial assessment. Then, if your financial circumstances change, you can buy further shares as and when it is appropriate to you, and in most cases you can own your home outright.

It does not mean that you have to share your home with anyone! Not just for first time buyers!

Eligibility

You are not eligible to apply if you:
-Already own a home, or
-Are selling your current home but it is not yet under offer (sold subject to contract).

Basic shared ownership criteria:
-You cannot afford to buy a similar home on the open market.
-You do not have any County Court Judgements (CCJs) against you.
-Your household income does not exceed £80,000.
-You can afford the mortgage and deposit for the share you wish to purchase, or you have enough equity to buy the share.
-You do not own another property (if you do, it must be sold before completing on the shared ownership home).

Please Note

We will endeavour to use the photographs and virtual tours of the actual property but may also show pictures/videos of the showhome, other plots on the development and/or computer generated images. Floorplan images may be handed. Reservation fee applies.