The final shared ownership homes at a Kenilworth new-build estate have been handed over to a housing association.

Platform Home Ownership has taken on the properties at Southcrest Rise on Glasshouse Lane, where developer Miller Homes has been building 99 new homes.

The association has six "versatile, spacious, energy-efficient homes across a multitude of styles" at the development.

The houses, situation off Cannadine Road, include two and three-bedroom properties.

The joint venture says it has helped first-time buyers, commuters, downsizers, young families and more secure their "dream home".

Platform says it has seen a 179 per cent increase in shared ownership sales at this stage of the 2024/25 financial year when comparing to the previous year. 

Homeseekers purchase a share of their home and pay rent on the remaining amount, typically buying between 10 per cent and 75 per cent of the property's full market value, depending on the model purchased with. 

This lowers the amount needed for a deposit, with most deposits on shared ownership schemes between five per cent and 10 per cent of the share and not the full amount.

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Jasmin Jandu, sales consultant for Platform, said: "The Southcrest development offers the perfect blend of rural living and the convenience of a charming town. 

"We're grateful to have worked alongside Miller Homes to deliver these beautiful homes, helping individuals and families secure their dream space in this great location. 

"The popularity of this development reflects the increased demand for Shared Ownership, which is continuing to become a more viable route towards homeownership, and we're looking forward to extending our support for homebuyers at our ongoing and future developments."

Each home is fully-fitted with central heating and double-glazed windows, with allocated parking and a 10-year build warranty, which comes as standard with all Platform Home Ownership properties.