Cement your friendship in 2007

A New Year is traditionally a time for fresh starts and Redrow Homes is encouraging first-time buyers to make getting on the property ladder their 2007 New Year resolution.

With nine in ten first-time buyers admitting that affordability is a problem, according to recent research by HSBC bank, buying an apartment with a friend could be the solution for would-be first-timers – and Redrow’s Rushmead Park development in Trowbridge is the ideal place to do it. .

Sandra Hughes, area sales manager for Redrow Homes (South West), says: “If you're single it’s difficult enough to get a deposit together – never mind securing a big enough loan to pay for a property – especially if you’re renting. It’s easier for couples, as lenders will offer typically two and a half times the joint salary. The most an individual can obtain is generally three times the one salary, although some lenders are now offering larger multiples.

“More than seven in ten of those still living at home would consider buying with friends according to HSBC, and it’s easy to see why. By clubbing together to share the deposit, mortgage payments and bills, first-time buyers can often find their way onto the property ladder sooner than if they wait until they can buy a place that’s solely their own. And, we have some stylish and spacious two-bedroom apartments available at Rushmead Park that would be just right for sharing with friends.”

The two-bedroom Argal is currently priced at £144,000 and it’s contemporary design boasts an open plan living/dining and kitchen area, while across the hallway is the master bedroom complete with an en-suite shower room, plus an additional bedroom and the main bathroom.

“The great thing about the Argal is that it has two bathrooms, which is often a ‘must’ for two people sharing.

“First-time buyers should grab this opportunity of a spacious two-bedroom apartment and great New Year deal and make 2007 the year that they finally get on the property ladder,” continues Sandra.

Rushmead Park is conveniently located approximately 12 miles from Bath and 24 miles from Bristol, making it ideal for commuters. Trowbridge has a bus and rail network linking the town to surrounding areas with train services to London. Bristol International Airport is approximately 35 miles away.

The development is set on the outskirts of Trowbridge, in Paxcroft Mead, on the edge of the Wiltshire countryside. The town boasts an array of cafes, restaurants and pubs plus health and leisure centres. It also has supermarkets, high street stores, The Shires Shopping Mall and an indoor market.

For more information, visit redrow.co.uk.