New route onto the property ladder in Bilston with Morris Homes

First-time buyers looking to escape the escalating rental market are being offered a route into home-ownership with the launch of a new exclusive property at Morris Homes’ Bilston development.

The stylish three-bedroom Chatsworth home is the newest arrival at Morris’ unique Claremont site on Wellington Road. The mews property offers versatile, modern accommodation for first-time buyers and young families.

With recent figures revealing that the average UK rent has risen to a record £725 per month, first-time buyers interested in homes at Claremont are being urged to consider homeownership as an affordable alternative.

Morris is offering a helpful solution at the development with the availability of the Government-led NewBuy scheme. The initiative allows buyers to apply for a 95 per cent mortgage on selected new build properties, moving onto the property ladder using just a five per cent deposit.

Cindy Vials, regional sales director at Morris, said: “Claremont is a stand-out development for the fantastic choice of properties on offer for buyers, and the Chatsworth is a great addition to an impressive selection of quality new build homes.

“As rent costs continue to increase househunters can feel like they are throwing money away, but the NewBuy scheme makes moving into homeownership at Claremont an affordable option for those struggling to save a deposit.”

The properties at Claremont are just minutes from the nearby Metro line, providing convenient access into Wolverhampton city centre, whilst the local motorway network makes it easy for commuters to get to Birmingham.

Cindy added: “Claremont is in an ideal location for both young families and professionals, and buyers who choose a home at this exclusive development can make long-term savings because the properties are built to higher energy efficient regulations than second hand homes.”

Morris has a selection of one, two and three-bedroom properties available at Claremont starting at £89,750.

For more information on the schemes and properties available at Claremont visit the sales office on Wellington Road, Bilston, Wolverhampton, WV14 6DA (open Thursday to Monday between 10.30am and 5.30pm), or visit morrishomes.co.uk.