Best deals yet on Gladedale Homes

For anyone still holding off exploring their options about buying a new home, one of the top 10 house builders in the UK has a stark message; Gladedale warns that deals on standing stock will only be available for a limited period at the current revised prices.

Gladedale is quite candid that the slowdown in the housing market during 2008 left developers with stock units. Richard Jones, Sales Director of Gladedale in North East England, said: “There’s no mystery that most house builders had committed to build programmes in 2008 for which the predicted demand was no longer there.

“This means that we have excellent deals on offer to sell stock properties. But buyers should be under no illusions. Build programmes were greatly reduced in the latter half of last year and, when the stock of new homes is gone, the fabulous deals currently available go too.

“In order to stimulate the market, we have reduced prices on our developments. The bargains currently available are very genuine and people are beginning to wake up to this reality. On many sites, our January 2009 visitor numbers and sales reservations are as good or better than in January 2008.

“It’s not just a cliché or a sales message therefore that these prices genuinely cannot continue for long.”

To ease the market further, Gladedale is offering part-exchange on existing homes to save buyers the worry associated with marketing their existing property. For anyone with a reasonable amount of equity in their existing home, mortgages are available and a shared equity option is also available on some plots.

This means that buyers own 100 per cent of their new property, backed by a 25 per cent interest free loan from the developer for up to ten years. Gladedale is also offering a wide range of other incentive options, including free income protection insurance.

Richard Jones adds: “We recognise at the moment it is a buyers’ market and smart buyers are those who don’t wait until the best deals are gone.”

For information on shared equity and all developments in the area, log on to Gladedale.com.