Linden launches shared equity scheme in Bristol

Linden Homes Western’s Easy Start* scheme is bringing high quality and previously out of reach homes to homebuyers with its latest range of developments. Starting from just over £99,937*, a range of individual and stylish apartments and houses are currently available in a number of areas in Bristol.

Under the scheme, buyers can effectively own 100% of their new home for only 75%* of the price. Customers who would normally be unable to meet the requirements of a mortgage lender to borrow the entire amount of a property can opt instead to borrow three-quarters of the capital cost of the property while Linden owns the amount outstanding, in this case 25% of the value.

Customers then have the opportunity to buy the remaining equity back, up to a maximum of 10 years. Unlike many other shared equity schemes, there is no rent to pay on the 25% share Linden owns, although if the property is sold before the amount is paid off Linden takes its percentage back. Such schemes have allowed buyers throughout the UK to get their feet on the first rung of the ladder, where it would have been otherwise impossible.

Alison Staddon, Sales and Marketing Director of Linden Homes Western, comments: “We want to give customers all the support and encouragement they need, at whatever stage in today’s housing market they are at and to offer them the most attractive and desirable properties. Linden Homes is proud to offer homes for every type of customer – whether they are a first time buyer, or a family looking to upgrade to a larger home. We think buyers will be impressed with what they can afford with our Easy Start* scheme.”

Get the Vibe
Vibe, in Old Market, is an exclusive collection of one, two and three bedroom apartments on Waterloo Road. Within close proximity to Temple Meads train station, in addition to the Old Market growing in popularity due to the recent regeneration of this historic area of Bristol, it is no surprise that fifty-six homes have already been purchased off-plan. The remaining homes are priced from £146,995* and customers are urged to move quickly to avoid disappointment.

Perfect for the young executive
Glaze, just off Nags Head Hill in the thriving St George district of Bristol, comprises 22, one and two bedroom apartments. The homes feature Linden’s trademark high-specification materials and internal finish, so customers wanting to make the most of living in the City can do so, but at a comparatively low cost; prices for a one bedroom apartment start out at £99,937*. Professionals working in Bristol will find Glaze’s central location to be particularly convenient.

A trendy new lifestyle
Zenith, on Crews Hole road in St George, is an attractive development nestled between the scenic River Avon and Troopers Hill. This trendy scheme of 67, one and two bedroom apartments offers customers Linden’s trademark build quality, high specification and contemporary design. The area is known for its friendly and welcoming community, while being within an easy distance of the heart of Bristol and its vibrant city-scene. Nineteen apartments have already been snapped up off-plan. Prices start from £127,500*.

Open countryside meets vibrant city
If you like the idea of living close to the attractions of Bristol, but still yearn for open countryside, then The Mews is the place for you. Featuring 13, three and four bedroom homes each is designed to the highest specification to provide the pinnacle in family living. With one home already sold off plan customers are clearly ready to move quickly, as not only are the delights of city living with easy reach, but Whitchurch itself has everything you could want, with a variety of local shops and a selection of pubs and local cafes. Prices start from £191,246*.

Variety is the spice of life
Customers looking for their ideal new home should visit The Orchards in Portbury Common, near Portishead. This stunning new development is certainly a feast for the eyes with two-bedroom apartments and family friendly three/four homes, offering something for everyone. Indeed, The Orchards is already proving popular with customers, with only six homes remaining. Prices start from £199,995* for a 2 bedroom apartment.

For more information, visit Lindenhomes.co.uk.

* Subject to scheme rules and on selected homes only