Bellway Homes opens the door to affordability

House builder Bellway is taking a head-on approach to affordability with a home purchase scheme called Opening Doors. Bellway will offer customers the chance to buy a new home for 75% of the current market value.

Opening Doors is an innovative scheme specifically designed to reduce by a quarter the financial burden of buying a new home. The offer is available on selected homes at Bellway’s The Orchards development in Norton Fitzwarren, Somerset.

Commenting on the scheme, Denise Turner, Sales Manager at Bellway South West, said: “We have looked very carefully at how we can improve the financial situation for new home buyers. Opening Doors is unique in the way that it provides 100% ownership but reduces the cost of borrowing in the early years when most new home owners are more financially stretched”.

If you’re looking to buy in Norton Fitzwarren, you’re in luck as the Opening Doors scheme is available with a number of homes at Bellway’s The Orchards development. If you are looking to buy a two bedroom apartment priced at £149,500, you will only have to find £112,125 now, meaning that the remaining 25% is deferred for 10 years. No interest or rent payable on the 25% funded by Bellway. Alternatively, you can buy a 3 bedroom house priced at £187,950 and pay only £140,962.

Or, for those who have yet to sell their property but are eager to buy, Bellway is speeding up the home buying process by offering to take buyers’ existing property in part exchange for a new home at The Orchards.

Part exchange takes the stress and hassle out of the home buying process as, subject to valuation, buyers who use the scheme receive a guaranteed offer within 7 days and contracts can be exchanged quickly. As the service is free and as there are no estate agents or HIPS fees to pay buyers also save a significant amount of money that could be spent on furnishings for their new home.

The Orchards is a new development of two, three and four bedroom homes in the sought after village of Norton Fitzwarren. Set on the site of an old cider factory at the foot of the Quantock Hills, the development offers the best of country living with close proximity to the nearby market town of Taunton.

Norton Fitzwarren is just 2 miles from Taunton which has mainline rail links to various destinations in Devon and to London Paddington, whilst for motorists junction 25 if the M5 makes journey’s to Bristol simple.

For further information on homes available at The Orchards, visit Bellway.co.uk.