Buyers offered a way to bypass credit crunch

Gladedale is making it even easier for buyers looking to move onto the property ladder by offering free independent mortgage advice at its developments across North East England.

For anyone who has been put off buying a property in the current market – including first time buyers who might think they’re unable to secure a mortgage because of credit crunch conditions – Gladedale in North East England can provide access to free, impartial advice on financing a new home.

Richard Jones, Sales Director for Gladedale in North East England, said: “We want to cut through all the doom and gloom and restore confidence in the market, and we recognise that means helping first time buyers explore all the options that are available to them to get that initial foot on the property ladder.

“We are currently marketing a range of attractive incentives, including a shared equity scheme that means new buyers don’t need a deposit. And for buyers who presently own a property, we have a Cost Covered / Assisted Purchase scheme to help remove any hassle associated with moving home.

“Local feedback shows that there is a need to help buyers address any reservations they may have about getting a mortgage. Providing free mortgage advice is another way in which Gladedale is actively aiming to keep the property market moving within the current economic climate.”

- Gladedale in North East England is currently offering a shared equity scheme. This means that buyers own 100% of their new property for just 75% of the price, backed by a 25% interest free loan from the housebuilder for up to 10 years.

- To make buying easier, Gladedale is also offering a Cost Covered / Assisted Purchase scheme that takes care of many costs associated with moving home including stamp duty, survey fees, full legal fees, estate agent commission plus marketing costs and HIPs (Home Information Packs) fees.

- Alternatively, Gladedale in North East England could pay 5% towards a deposit for first time buyers, pay solicitors fees and pay the first valuation on a new home through its Getting Started / First Start scheme. To reserve first time buyers are only required to pay a £99 deposit.

With prices starting from £69,995, Gladedale homes across the region represent excellent value for money and offer a striking selection of homes.

For information on all developments in the North East England area, visit Gladedale.com.