The former Compstall Printworks is a new and exciting development which will bring 32 fully affordable homes to the market. The scheme comprises a mixture of shared ownership and social rent homes, with both modern apartments and houses available to purchase or rent.  

The project will transform the previous Compstall Printworks, which has been vacant for more than a decade; preserving structures such as the renowned stone archway and bleach house - the only surviving 19th century building.

4 bedroom houses remain available on phase 1, please speak to a member of the sales team for further information. Phase 2 is coming soon

Guidance notes

Please see the guidance notes below

To reserve a home, you will need to contact Metro Finance to complete an initial affordability assessment before the release date and complete the Viaduct application form on the day of release.

Metro Finance
www.metrofinance.co.uk
0114 270 1444

Your initial affordability assessment does not guarantee you a home, you will need to complete an application on the day of release to be considered.

If your application is successful, you will go on to complete a full affordability assessment and will need to provide the below documents:

• Photographic ID, such as driving licence or passport
• Proof of current address, such as a utility bill or credit card statement dated within the last 3 months
• 3 most recent wage slips or annual accounts if self-employed.
• 3 most recent months bank statements (3 months to match wage slips)
• Mortgage in Principle
• Proof of deposit (Minimum of 5% required) Our sales advisors will need to see where the deposit funds have come from to satisfy our money laundering checks.

Members of the armed forces are given priority for shared ownership. If you meet the eligibility requirements for military personnel, please inform the sales team and add this to your application form.

Further information on shared ownership and these homes can be found on our website under ‘key documents’, we strongly recommend that you read this information before proceeding with a reservation.

If you have registered an interest in these properties, on the day of release you will be sent an email containing a link to a Viaduct application form. You will need to complete this form to be added to the shortlisting.  The application form will also be available on the webpage from 11am on the day of release.

We anticipate a number of applications for the homes on this development and they will be shortlisted on a ‘first come, first serve’ basis from receipt of the Viaduct application form. The shortlisting will be carried out by checking the time the Viaduct application form was submitted. If you require any assistance in completing the form, please contact the sales team before the release date. You can find our accessing shared ownership policy on the website which provides clarification on how we ensure a fair, ‘first come, first serve’ process, along with information on minimum deposit, what adverse credit will be accepted, and affordability.

If your application is successful, your details will be given to Metro Finance to carry out a detailed affordability check. Metro Finance assist Viaduct Housing Partnership with their affordability checks on Shared Ownership homes and you will be required to send your documents to Metro Finance.

Documents will be sent and stored on a secure online portal and information will be shared between Metro Finance and Viaduct Housing. You may choose to use Metro Finance for your mortgage, or you can use any Independent Mortgage Advisor. A data sharing and service level agreement is in place with Metro Finance. If you wish to see a copy of this agreement or our Data Protection Policy, please contact [email protected].

By sending your documents, you are agreeing to us carrying out anti money laundering, identification, and affordability checks as part of the shortlisting process. The anti-money laundering checks will leave a soft footprint on your credit file. If you are unsuccessful, you will be notified by email and your documents will be deleted. 

If you have previously applied for another development, please note that you will still need to complete the Viaduct application form and provide up to date bank statements and wage slips to be considered.

Should you pass your affordability check, you will be invited into the office for a reservation appointment where you will be advised on how to pay your £500 reservation fee.

We look forward to receiving your application and helping you towards finding your new home.