NEW homes on a Cradley estate will soon be up for grabs.

Thirty-six houses out of 89 homes on a new housing development on Park Lane will be up for shared-ownership through housing association Bromford.

They are all three-bedroom homes - either terraced or detached and have been built by developer Countryside.

Shared ownership gives first-time buyers and those who don't own a property the opportunity to secure a new build home.

Homebuyers pay a mortgage on the share they own, and pay rent on the remaining share, meaning only a smaller deposit is required.

Built specifically to help meet the needs of local people, priority will be given to applicants with a connection to Dudley Metropolitan Borough Council.

Those who have lived or been employed within the council’s district for a number of years, or have family who have lived within the area for over three years will take precedence.

Phil McHugh, Managing Director, West Midlands, Countryside said: “It is fantastic to be working with Bromford in Cradley to build these high-quality, yet much needed affordable homes for the area.

“It is through developing great partnerships with registered providers such as Bromford we have the opportunity to create truly sustainable communities such as Park Lane where people will love to live.”

Catherine Jarrett, Director of Sales and Marketing at Bromford, said: “We are incredibly excited to be releasing this new development and have been very pleased with our collaboration with Countryside.

“We expect these high-quality homes to be very popular, and would highly encourage anyone who is interested to get in touch right away to avoid missing out on a great home.”

The site was a clay brick, tile and drain pipe factory until it closed during the 1960s.

Bromford is one of the largest housing associations (HA) in the country.