Shared ownership homes in Great Torrington

We are very excited to announce a brand new shared ownership development in Great Torrington, Devon -  Lovering View! We have a beautiful selection of 3 & 4-bedroom homes which are available to view NOW and you could be calling 'home'. Contact Megan today to arrange your viewing!

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.

Great Torrington is well-connected, with excellent access to nearby towns, with only 20-minute drives to Barnstaple and Bideford. Both towns offer a wider range of shopping, leisure facilities, and transport connections, making Great Torrington a convenient base for commuters and families alike.

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!

Frequently asked questions

How do I qualify for a shared ownership home?

There's a few bits and pieces you need to tick to be able to buy a shared ownership home, but not much. These are:

• You must be 18 or over
• Your household is bringing in no more than £80,000 income a year (or £90,000 if you're in London)
• You don't own a home already
• You may be in the process of selling a home, however, to be able to buy a shared ownership home from us, the property sale must have an offer accepted before we will accept your application.
• You're able to show you can afford to maintain the costs of buying your own home
• You're a British or EU/EEA citizen or have indefinite leave to remain

Why should I buy a shared ownership home?

Shared ownership costs are generally lower than alternative housing options for a number of reasons; it's great for people who have the goal of buying their own home but do not have the funds to buy on the open market.

Shared ownership offers rent that is less than the rate charged on the open market and most people can start off with a 40% share but in some cases as little as a 10% share, depending on the terms of your lease. This therefore means a low deposit - typically only 5% of the share you are buying and not of the whole property value.

How can I buy a shared ownership home?

The first step in buying your shared ownership home with Aster is to contact us, either by filling in the contact form below or over the phone.

Beginning your journey to shared ownership is not as daunting as you may think, once you know if you meet the criteria you can begin searching for suitable properties. Once you have found a home, you will of course need to ensure you meet  the required criteria and be approved for a mortgage- however Aster can advise on this as you progress.

Read more about the shared ownership home buying process.

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.

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.