Agusta Park is a large development on the Western edge of Yeovil. Phases 1 and 2 are already complete with the Rentplus homes located on phases 3 and 5. The scheme benefits from being close to Yeovil town centre with its trading estates, shops, restaurants and leisure activities. On the other side the development borders open countryside. The town is ideally located close to the A303 for travel to the rest of the South West and London. Yeovil’s train station is ideal for wider travel across the country. The nearby trading estates and RNAS Yeovilton provide great employment opportunities.
The Rentplus properties available include a range of 2 and 3 bedroom homes including apartments and houses.
You can download more information about the properties here;
Rentplus Sales Info Sheet Yeovil- CH
Rentplus Sales Info Sheet Yeovil- Flat A
Rentplus Sales Info Sheet Yeovil- Flat B
Rentplus Sales Info Sheet Yeovil- Flat C
Rentplus Sales Info Sheet Yeovil- Alnwick
Rentplus Sales Info Sheet Yeovil- Hanbury
Rentplus Sales Info Sheet Yeovil- Souter
For more information on the full development, click here.
Applicants with a local connection to the Parish of Brympton or the Town of Yeovil will be considered first. A local connection is someone who (in order of preference);
a) has been a permanent resident for at least 12 months, or at least 3 of the last 5 years or at least 5 of the last 30 years,
b) is in permanent full or part time work in the area for 6 months during the last year,
c) has close relatives (parents, children, siblings) who have lived in the area for at least 5 years.
If there are insufficient applications from people with a local connection to the Parish of Brympton or Town of Yeovil, Tamar may consider those who have a local connection to the South Somerset District.
Who Should Apply for a Rentplus Home?
Rentplus is aimed at people who are looking to move into home ownership. You might be renting privately, living with relatives or renting from a housing association or Council. Rentplus will be especially attractive to younger families who will be able to get a mortgage in 5 to 20 years.
You will need to show that you can save a deposit over a number of years, that you will be able to get a mortgage and that you are committed to home ownership.
Rentplus would be suitable for people who
- Are in work or in training
- Have been saving for a deposit or are able to do so
- Have a good credit history or who are already taking steps to improve their credit score
Rentplus will especially suit people who are looking to buy a home but aren’t able to do so yet, as you will get the chance to save up for a deposit while living in your new home. You might be looking to get a better job, training for a career or looking for promotion.
What should you consider before bidding for a Rentplus Home?
You should consider the following questions carefully before bidding.
a) Can you afford to pay the rent and start saving for a deposit?
b) Will you be able to get a mortgage when your home comes to the end of its time as a Rentplus home?
c) How old will you be when your home comes to the end of its time as a Rentplus home? If you will be over 50 this might affect your ability to get a mortgage.
d) Are there better housing options for you?
If you are high on the HomeChoice list, waiting for a Housing Association home might be a better option.
Applying for Rentplus
Rentplus is new type of affordable housing aimed at people who aspire to home ownership. You will be able to rent a home at an affordable rent (80% of the market rent) for between 5 and 20 years. At the end of this time you will get the chance to buy your home with the benefit of a gifted deposit. Priority for Rentplus homes will be given to those bidding using Home Finder Somerset (see above link) in the first instance. Should there be insufficient applications with a local connection who bid then Tamar will consider applications made directly. To apply directly to Tamar please click on the "applying for a Rentplus home" link above.