Come home to Stamford Brook with a 95% mortgage
Those aspiring to live at Stamford Brook in Altrincham can now own one of Redrow’s sought after New Heritage Collection homes with only a 5% deposit.
Homes at The Oaks can be bought with a 95% mortgage under the NewBuy initiative.
And with a selection of smaller properties released for sale, including the two-bedroom Evesham from £179,995, this means more people can afford to buy a slice of this hugely popular location.
Anita Williams, sales director for Redrow Homes (NW), said: “The Oaks has been one of our most popular developments with three and four-bedroom family homes practically selling themselves. Their traditional looking Arts & Crafts influenced exteriors, bright modern, family friendly interiors and a great location in south Manchester have proved to be a winning formula.
“Those looking for a home at the starter end of the market have been asking us when we’ll have something for them and the answer is ‘now’. Our two-bed Eveshams are perfect for individuals, couples, those just starting a family and even friends sharing. Both bedrooms are doubles and there’s a good size lounge with ample space for a dining area and patio doors onto the garden.”
The chance to own one of these homes with a 95% mortgage is an opportunity for those without access to substantial savings to still get a foot on the property ladder.
“Research published by the Halifax this week suggests that the average 20-45 year old looking to buy a home has £9,420 in savings. The good news is that this would be more than enough to secure a 95% mortgage to purchase one of our Eveshams at The Oaks,” Anita added.
The Oaks is the latest phase of Stamford Brook, a development built on land which once formed part of the National Trust’s Dunham Massey estate. The convenient location off Manchester Road and on-site amenities including a Waitrose supermarket belie its semi-rural feel, with acres of open space, woodland walkways and a meandering brook. The shops, bars and restaurants of Altrincham town centre are just a short distance away and Manchester city centre is easily reached by car or public transport.
A fully furnished show home is open for viewing, which helps prospective purchasers appreciate the quality and finish of Redrow’s New Heritage Collection homes, including the stylish kitchens with extra tall units and top brand name integrated appliances.
Visit redrow.co.uk to find out more.