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Gillingham LakesWelcome to Gillingham Lakes in North Dorset. Built by Taylor Wimpey, you’ll find a selection of brand new homes located just minutes from the town centre.

Community is at the heart of this development where upon completion there will be play parks to suit all ages as well as a public footpath over the River Lodden providing convenient access to St Mary the Virgin primary school.

Sovereign have a small number of 2 and 3 bedroom homes available to buy through the shared ownership scheme. These thoughtfully designed homes have been created to suit all lifestyles plus come with the added benefit of allocated parking and private enclosed garden.

Gillingham Lakes
Design Scandinavian white interior with grey sofa and furniture.

What is shared ownership?

You buy a share in your home that’s right for you. That could be from 25% up to 75% initially. You’ll pay a reduced rent to Sovereign on the share they own and a monthly service charge.
As your finances allow, you can buy further shares in your home as and when you choose, meaning you’ll own more and pay less rent.
Typically, you’ll only need a deposit that is 5% of the value of your share, rather than of the total property value, meaning you could get moving sooner than you think!

Is shared ownership right for me?

  • You are over 18
  • Your household income is less than £80,000
  • And you don’t already own a home at the time of buying your shared ownership property

(A local connection to Dorset Council is required – contact us for further details.)

With prices at Gillingham Lakes starting from £90,000 for a 40% share – this means you could step onto the property ladder with a deposit from just £4,500!*.

To find out how you could apply for one of these beautiful new homes, get in touch via our website below or call our helpful sales team:
sovereignliving.org.uk |[email protected]
0300 330 0718

(*based on a 5% deposit)
Gillingham Lakes
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