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First time buyer event in Grimsby

7th March 2013 Print
Redrow at Kirk’s Paddock, Grimsby

With the chance to own a brand new home with a deposit of less than £7,000, first time buyers in Grimsby could find they’re priced in to and not out of the property market.

Both FirstBuy and NewBuy offer the chance to purchase a property with just a relatively small deposit of around 5% and to guide customers through the various incentives, Redrow is hosting a special first time buyers event at Kirk’s Paddock this Sunday (March 17).

Patsy Aicken, sales director for Redrow Homes (Yorkshire), said: “Buying your first home is an exciting time, but it can be daunting too. There’s so much to think about and with so much help available in the shape of Government backed initiatives like FirstBuy and 95% mortgages through NewBuy, it can be quite difficult for customers to know what’s best for them. We want to make things as simple and straight forward as possible for people and with that in mind we’ve enlisted the help of mortgage specialists to help inexperienced buyers get to grips with the different help available to them.”

Kirk’s Paddock features a good choice of three and four-bedroom homes from the sought-after New Heritage Collection.

Those who purchase a property with NewBuy or FirstBuy could find they only need a relatively small deposit of around 5% of the price, compared with 20% most lenders require. It means savings of around £6,648 could be enough to secure a three-bedroom Malvern style home, on the market at £132,950.

If the chance to buy with a low deposit wasn’t enough, eligible customers could boost their buying power through FirstBuy. The scheme offers first time buyers with household earnings of less than £60,000 the chance to take out an equity loan for up to 20% of the purchase price, enabling them to save them thousands of pounds off the initial cost of setting up home.

It means a three-bedroom home could be snapped up for an initial outlay of just £106,360.

“Despite the low price, those who purchase with FirstBuy or NewBuy will still be able to enjoy the benefits of owning a stylish new home with a high specification as standard,” Patsy added.

“We include many of the essentials people need when setting up home, such as oven, hob, microwave and fridge freezer, all of which are covered by manufacturers’ guarantees.”

Located in Caspian Crescent, in Scartho Top, Kirk’s Paddock is in walking distance of local amenities in Scartho with schools and a hospital nearby. The homes are also just a short journey away from the high street shops of Grimsby and the seaside attractions of Cleethorpes.

To find out how Redrow could help you on to the property ladder, visit Kirk’s Paddock this Sunday (March 17).

For more information about the homes and the help available, see

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Redrow at Kirk’s Paddock, Grimsby