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Edinburgh apartments boast added glamour

8th June 2009 Print
Edinburgh apartments boast added glamour The kitchen has always been the hub of the home and it’s where every party congregates, so it’s only right it should be a room that makes a statement. With this in mind Redrow Homes has invested in a contemporary new range of kitchens for its stylish new release of two-bedroom apartments at Optima in Ferry Road, Edinburgh.

The new ultra modern kitchens are bright and airy with units in a choice of finishes, wider drawers with soft closers, breakfast bars and top brand name integrated appliances.

In fact every inch of every apartment has been designed with style in mind, making them perfect for first-time buyers, couples and for friends to share. Each features an open plan living / dining area and kitchen, pristine white bathroom suite and some bedrooms have fitted wardrobes.

There is also access to landscaped gardens and on-site parking, while the apartment buildings feature audio entry security systems. Optima has excellent public transport links to the city centre, with a regular bus service every 15 minutes and an hourly night bus.

And if all that isn’t tempting enough, home owners can now enjoy all the comforts of a well designed, quality built and efficient-to-run Redrow home at Optima for three quarters of the usual price, while still owning 100% of their new home and without rent or interest to pay on the deferred 25%.

The major plus point is that purchasers only have to apply for a 75% mortgage – which should give them access to some of the best interest rates around - and they will receive an interest free loan from Redrow for up to 10 years for the remainder. Depending on the lender’s criteria they may only need to find a 5% deposit.

Redrow’s ‘easi:buy’ scheme is aimed at helping first time buyers on to the property ladder, but is open to others who would like to defer paying part of the cost of their new home until a time when they have more funds available.

Through easi:buy, two-bedroom apartments at Optima are available from an initial outlay of just £95,246.

Diana Newton, sales director for Redrow Homes (Scotland), said: “This is an unbeatable offer, which effectively enables the buyer to obtain a mortgage to cover 100% of their initial outlay. But because they are only financing 75% of the purchase price they should get a much better choice of good value mortgage deals. We can even help them to arrange this by accessing our network of financial advisers.

“Quite simply, it’s an efficient and easy way to enjoy the luxury of owning one of our sought-after brand new apartments. A mortgage could even work out cheaper than the rent on an equivalent property and buyers are not paying out ‘dead money’; they are investing in a home of their own.”

Redrow easi:buy is subject to terms and conditions and the deferred element is paid back at market value at the time of payment, which could go down as well as up.

For more information on how you can get onto the property ladder in Edinburgh, log on to Redrow.co.uk.

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Edinburgh apartments boast added glamour