Premium builder gives a Fair Share to househunters

Leading national housebuilder Charles Church is giving a helping hand to people trying to get on the housing ladder on the Shropshire border, demonstrating that, for many, it really is cheaper to buy than to rent.

The premium homes builder offers its own Shared Equity scheme at Badgers Green in Llanymynech, throwing a property lifeline to those struggling to raise the large deposit demanded by many lenders.

David Hodgson, Sales Director for Charles Church, said: “We are very aware of how hard it is for some people trying to get their first foot on the housing ladder, especially if they are currently renting and don’t have a sizable deposit available.

“Our Shared Equity scheme, available on selected homes, means the buyer pays 80 per cent of the property’s value, but owns 100 per cent of the house. The remainder is funded by Persimmon and is paid back when the house is sold.

“It is a great way of assisting buyers, which is why we call it Fair Share.

“What’s more with rental prices continuing to rise, this scheme means mortgage repayments can actually be less than the weekly rent.

“For example, we are currently offering a three bedroom semi-detached ‘Byron’ home, perfect for growing families, at an amazing 80/20 Shared Equity price of £99,996 and just £5,000 deposit.”

The Byron includes a lounge, dining room, kitchen and en-suite bathroom to the master bedroom, with a normal selling price of £124,995.

Special deals at the development also include £5000 towards Select items – Charles Church’s interior and exterior design service that allows the buyer to personalise their new home - £1000 towards legal expenses and Stamp Duty paid.

Badgers Green offers three and four bedroom family homes in a popular border village, close to Shrewsbury, Oswestry and Welshpool.

The well-designed contemporary properties typify the Charles Church quality finish and high specification and the location – overlooking beautiful rolling hills – offers a rural escape for families and young professionals.

Developer Charles Church won a prestigious ‘NHBC Pride in the Job’ award in recognition of the quality and attention to detail delivered by the build team at the site.

Properties at the site range from three bedroom semi-detached houses, suitable for first time buyers or downsizers, to four bedroom detached homes for those looking for more space.

For further information about Charles Church visit charleschurch.com.