Low deposits for high specification homes in Guiseley
The offer of 95% mortgages means buyers could find that owning a stylish new home in Guiseley is easier than they anticipated.
NewBuy is available to customers spending up to £500,000 on a newly built home – including those at Redrow’s Branwell Park development in Netherfield Road.
It gives customers the option to take out a 95% mortgage, which means they may only need a deposit of 5% of the purchase price.
For example, those with savings of around £13,000 could find they have enough for a deposit for a three or four-bedroom home at Branwell Park.
Patsy Aicken, sales director for Redrow Homes (Yorkshire), commented: “Branwell Park has seen early sales success with four homes sold off plan in as many weeks. We’ve also received lots of enquiries from people eager to find out more about NewBuy and how it can help them access competitive interest rates even if they haven’t got a large cash sum to put down as a deposit.
“Customers have been delighted to discover it’s not just first time buyers who can benefit from the scheme and that those who want to climb the property ladder may also be able to use NewBuy.”
Prices at Branwell Park start from £259,999 for a three-bedroom detached Warwick style property, while four-bedroom detached family homes are available from £282,995.
Homes are from the sought-after New Heritage Collection, which has already been hugely popular and with NewBuy adding a new dimension, Redrow is expecting a fresh wave of interest.
“We know that lots of people want to buy our new homes and NewBuy will hopefully provide them with the means. It could be the difference between buying an older property that’s in need of lots of repairs and modernisation and buying a beautiful brand new home,” Patsy added.
“Boasting a high specification our homes feature well-equipped kitchens with integrated top brand name appliances including microwave, oven and fridge freezer, bathrooms and en-suites that enjoy quality fixtures and fittings, plus energy efficient measures that should help homeowners save money on their fuel bills.”
While NewBuy is great for first time buyers and those who perhaps have already sold their current home, Redrow hasn’t forgotten about those with an existing home to sell who want to move up the property ladder. The option of part exchange could be perfect for them.
With Redrow effectively acting as a cash buyer for the customer’s home, it’s a quick, simple and hassle free way of moving from old to new.
To discover how Redrow could help you move to a brand new home in Guiseley, visit the sales office, open Thursday to Monday, from 10am to 5.30pm.
For more information, visit redrow.co.uk.