BRAND NEW Shared Ownership homes in Great Torrington... COMING SOON
We are very excited to announce a brand new shared ownership development in Great Torrington - Lovering View, Devon! Coming in autumn 2025, register now to keep up to date.
Where is Lovering View?
Lovering View is nestled in the quaint North Devon town, Great Torrington. Great Torrington is a small historic, traditional and friendly market town set in the midst of rolling unspoilt countryside in the very heart of Tarka Country.
This charming area overlooks the scenic River Torridge and offers easy access to the region’s natural beauty, including the Tarka Trail and Dartmoor National Park. Located about 10 miles south of Bideford and 14 miles west of Barnstaple, Lovering View combines rural tranquility with convenient connections to nearby towns and amenities.
What to do in Great Torrington
Great Torrington has many admirable amenities. The town is fortunate to have a butcher, bakers and various shops offering high quality local produce. This charming little market town also boasts cafes, pubs, hairdressers, a post office and The Plough Arts Centre. Serving as a theatre, cinema, and art gallery, The Plough Arts Centre draws renowned performers and showcases productions by vibrant local theatre groups.
Great Torrington provides education for children of all ages, from pre-school to senior school, with opportunities for further college education available in nearby Barnstaple. The town also offers a variety of sports and leisure activities, including a golf course, rugby club, football clubs and a leisure centre. Additionally, the famous Tarka Trail is easily accessible, offering 180 miles of scenic footpaths and cycle routes.
Shared ownership in Great Torrington
The smart step in buying your home. You might have thought that the cost of houses in Devon would be prohibitive in such a competitive market, but our homes in Lovering View are all for sale under our smart, simple shared ownership scheme.
There are no catches – you just buy an affordable share and pay rent on the remaining amount. You can also increase your shares as your finances permit, this is called staircasing.
It allows you to get your foot on the property ladder much more easily than buying outright. You can learn more about shared ownership, or just call us and we’ll be happy to answer your questions.
Find out how buying with shared ownership has helped people just like you achieve their home buying dreams with Aster!
MAKE AN ASTER HOUSE YOUR HOME
Our aim at Aster is to find you a home, not just a house – and with our amazing shared ownership approach, you can find a home in a lovely location that may otherwise be out of your reach, just contact us today!
So, if you’re ready to find out more about our houses for sale in Great Torrington on the Lovering View development in North Devon get in touch and we'll be delighted to help.
Our aim at Aster is to find you a home, not just a house –and with our amazing shared ownership approach, you can find a home in a lovely location that may otherwise be out of your reach, just contact us today!
So, if you’re ready to find out more about our houses for sale in Great Torrington on the Lovering View development in North Devon get in touch and we'll be delighted to help.
Take a look at our other shared ownership developments too, to see if any other properties catch your eye.
While we endeavour to make our property descriptions and plans fair, accurate and reliable, they are only a general guide to the property and may be subject to change. Accordingly, if there is any point which is of particular importance to you, please contact the office and we will be pleased to check the position for you, especially if you are contemplating travelling some distance to view the property. Shared ownership homes are bought as leasehold properties, for more information speak to our team. Service charges and rent payable on the unsold equity of this property will be reviewed annually with any changes coming into effect on the 1st April each year. Your home may be at risk of repossession if you don’t maintain your mortgage and rental payments.
FAQ
What is shared ownership?
What is shared ownership? It's a great way of buying your first home without the large amount usually required to secure a mortgage. The scheme allows you to purchase an initial stake in the property while paying rent on any remaining share. Not only that, but it also makes getting on the property ladder more affordable than ever before!
Still have questions? Take a look at our how does shared ownership work guide.
What is staircasing?
Staircasing allows you to gradually increase your ownership of your home, up to a maximum of 100% (depending on the terms of your lease), when it suits you. This gives you more power over the price and rent that comes with owning such an asset. By staircasing, homebuyers can take their time in making these decisions rather than having one large amount at once.
For more details on how staircasing works, take a look at our comprehensive guide.
Do I need a deposit when buying with shared ownership?
Absolutely, you must pay a deposit when investing in shared ownership. The amount will depend on the size of the share you choose and should not exceed 5-10% of your home's purchase price.
Understand what deposit you need for a shared ownership property here.
Who is eligible for shared ownership?
Shared ownership is a great choice for those who are not able to purchase their own property in full. This provides them with the chance to become homebuyers and enter the housing market.
However, specific requirements must be met before taking advantage of this type of investment:
In order to be qualified for this program, you must fulfil the following criteria: permanent UK residency, an annual household income of no more than £80k (or in London—£90k), and a proven capability to make ongoing monthly payments. Additionally, it is required that you do not own any other property at present.
Can I make adaptations/alterations or home improvements to my shared ownership property?
Before making alterations to your shared ownership home, ensure that you check with your landlord first. Depending on the property, certain guidelines may be in force and must be adhered to. Generally speaking, any adjustments need permission from the freeholder. It is important to acknowledge that whatever changes are made will remain part of the house when it gets sold; therefore this needs careful consideration regarding finances.
Who are Aster?
We are a well-known housing association who supply a wide range of housing options in response to the housing crisis. We specialise in providing shared ownership homes for sale for those unable to get on to the property ladder.
We provide affordable rental and shared ownership homes throughout the UK, and pride ourselves on our commitment to providing outstanding service to all of our customers.
With shared ownership, you could buy your own property at a fraction of the cost and we aim to make buying your home an easy and stress-free process, with our experienced team offering comprehensive advice throughout.
Where can I learn more about shared ownership?
At Aster, we understand that buying a property can be a daunting experience, so our team of experts are always happy to answer any questions or queries you may have about shared ownership or the process involved in purchasing your own home.
Our website also has an FAQ page full of useful information to help you make an informed decision. Alternatively, you can contact us directly and one of our experienced team members will be more than happy to assist.
