Find out about 95% mortgages in Chester this weekend
Buyers will be able to discover how they can own a high specification home in Huntington, Chester with a low deposit at a special event this weekend (November 24/ 25).
NewBuy is available at Redrow’s Crown Park development, giving buyers the offer of a 95% mortgage on all of the properties available.
During the open weekend Redrow will be explaining how its customers can use the Government-backed scheme to buy the stylish new home of their dreams close to the city centre yet with a quiet location off Sandy Lane.
Anita Williams, sales director for Redrow Homes (NW) says: “NewBuy has the potential to help more people to move, whether they are buying their first home or stepping up the property ladder. Many people have sufficient income to make monthly mortgage payments on the amount they wish to borrow; they just don't have the cash available to put down the large deposit demanded by many lenders. NewBuy offers those buyers a solution.
“Because it’s available on any new home up to £500,000, we’ve found that the product is particularly well suited to those who want or need to move house but only have limited equity in their current property. If a 95% mortgage allows them to move up the ladder then it’s also helping to stimulate the whole housing chain so everyone benefits. It can also help first time buyers with limited savings.
“This weekend we’ll be answering purchasers’ questions about NewBuy and our mortgage specialists will be on hand to offer financial advice.”
NewBuy is available on a choice of three and four-bedroom homes at Crown Park priced from £239,995 to £347,000.
“We know that lots of people want to buy our new homes and NewBuy will hopefully provide them with the means. It could be the difference between buying an older property that’s in need of lots of repairs and modernisation and buying a beautiful brand new home,” Anita added.
Redrow’s new development in the village of Huntington affords residents a relaxed pace of life with the River Dee and Cheshire countryside nearby, yet the homes are within walking distance of the vibrant shops, restaurants, bistros and cafes of Chester. Leisure pursuits in the area include golf courses, rowing, sailing and canoeing.
Crown Park is also within the catchment area for a number of well-respected schools including Huntington Primary School, The Bishops Blue Coat and Christleton High School. Private schools in the area include Abbey Gate College and the Kings and Queens Schools.
For more information, visit the marketing suite and show homes, open in Saturday and Sunday, November 24th and 25th, from 10am to 5.30pm. Alternatively, see redrow.co.uk/crown.
