Walton Homes builds the 'perfect home' for first time buyers
Walton Homes is inviting first time buyers to come and view its recently launched development – named Brindley Rise, in Rugeley – which has been designed specifically with those thinking of purchasing their first home in mind.
Located off Wharf Road, Brindley Rise comprises of 37 stylish apartments, ranging from studios to one and two-bedroom apartments and duplexes, plus 24 three-bedroom houses. Built to a high specification, the quality homes boast designer Symphony kitchens fully equipped with modern appliances, spacious living areas and contemporary bathrooms.
Helping first time buyers to get a foot onto the property ladder, Walton Homes has launched its Lion’s Share equity loan scheme at Brindley Rise, which enables a new three bedroom house to be purchased for just £118,957 – marking a 15 per cent saving off the £139,950 list price.
Under Lion’s Share, buyers need to pay only 85 per cent of the value of their chosen apartment or house through a five per cent deposit and a conventional mortgage. Walton will pay the remaining 15 per cent share, with the only requirement being that when the property is eventually sold on, or after 10 years - whichever is sooner - the 15 per cent interest free loan is paid back to the developer.
Helen Rollason, sales manager at Walton Homes says: “A healthy housing market should contain a variety of purchasers and in particular should have a high level of first time buyers wishing to find their first home. With this in mind, it is important for Walton Homes to design some new build homes which appeal strongly to those people looking for their first home. Additionally, through our Lion’s Share scheme we are giving new purchasers a real opportunity to get onto the property ladder. Under the initiative, first time buyers at Brindley Rise need a deposit of just £6,997.50 which is much more affordable than the £20,000 deposit that many people believe is required in the current market.”
According to recent research by Rightmove.co.uk the single biggest concern facing first time buyers is raising a deposit, with 39 per cent of new homebuyers believing they are unable to find the amount needed.
Helen continues: “The beautiful houses at Brindley Rise offer first time buyers the chance to purchase a spacious three bedroom home which is perfect for having guests to stay over or for those thinking of starting a family. Boasting modern appliances and high quality fixtures and fittings, the houses are an ideal canvas for people to create their perfect home.”
Designed with first time buyers in mind, the new homes boast a modern and sleek finish and are located just a short walk away from Rugeley town centre. Conveniently, Rugeley train station is situated opposite the development on Wharf Road, providing easy access for young professionals commuting to Stafford, Stoke and Birmingham, and further afield.
Walton Homes is a family run housebuilder based in Lichfield, with a track record spanning over 25 years in the regional property industry. The force behind a significant number of regeneration projects and new homes developments in Staffordshire and the wider West Midlands area, Walton Homes has secured a reputation for its bespoke, quality approach to house building.
For more information, visit waltonhomes.co.uk.
