Redrow offers to match homebuyers’ 5% deposit
First time buyers who may be struggling to save for a large deposit have been thrown a lifeline by Redrow Homes, the developer behind Willow Gardens, in Hailsham.
Redrow’s gifted deposit offer on selected new homes at Willow Gardens means they will match pound for pound those buyers who’ve already saved 5% of the purchase price towards a deposit on their first home. This means the customer should only need to obtain a 90% mortgage to purchase.
Mary Timlin, sales director at Redrow Homes, said: “With our gifted deposit contribution, our customers’ dreams of home ownership could become a reality now – and our mortgage specialists will see if they qualify for a 90% mortgage.
“It’s a great incentive for first time buyers and this help comes when it’s potentially a very good time to buy – properties are still competitively priced and mortgage availability is improving.”
Prices at Willow Gardens currently range from £189,950 for a three-bedroom home, so those with savings of around £9,500 could find they are able to purchase.
Homes are from the New Heritage Collection and have been influenced by the architecture of the Arts & Crafts era, while inside they boast bright, modern interiors with convivial open plan spaces and high quality fixtures and fittings.
Kitchens are both practical and stylish and are well-equipped with integrated top brand name appliances including oven, microwave and fridge freezer, plus tall cabinets and extra wide drawers that offer plenty of storage.
Located on the A22, just eight miles from Eastbourne, about 25 miles from Royal Tunbridge Wells and a similar distance from Brighton, Willow Gardens is well placed as a base for commuters, but has plenty of amenities nearby in Hailsham itself.
Visit redrow.co.uk for more information.