First-timers’ heaven with pre-paid deposit

Struggling first-time buyers striving to save cash can worry no more if they buy an apartment at Hallwood Gardens within Gillibrands Park in Chorley.

For the award-winning house builder Redrow is currently covering the 5% deposit when buyers purchase from a selection of their high specification apartments.

This should be a huge weight off the minds of any first-time buyers looking to start on the property ladder in Chorley, as saving for a deposit on a first home can often be the biggest hurdle in the way of owning a property.

According to the latest figures from National Savings and Investments (NS& I), first time buyers have to save much harder and for longer to get on the first rung of the ladder. NS& I claims that ‘typical first time buyers saving 5% of their quarterly earnings need to save for 4.5 years to afford the standard minimum 5% deposit on their first home. This is three months longer than six months ago’.

Christine Aitken, sales director for Redrow Homes (Lancashire) says: “What we’re saying to those who want to buy a new home – but haven’t saved enough cash up – is that we will take care of the 5% deposit, leaving our customers to worry about the more exciting aspects of buying a first home – like which sofa to choose, what colour scheme to go with and when to have the house warming party!

“Our apartments at Hallwood Gardens are of a high specification and offer all the benefits of buying new – they really are a blank canvas for singletons, young couples or even empty nesters to make their own.”

Among the homes currently on release is the Amherst apartment. It features a spacious open plan lounge/dining area, kitchen, two well sized bedrooms (the master boasts fitted wardrobes) and the bathroom.

Prices currently start from £122,995 for a typical Amherst – which also come with a car parking space. There is a one-bedroom home also on release, priced at £119,995.

Hallwood Gardens at Gillibrands Park is a prestigious development comprising not only stylish one and two-bedroom apartments but also a range of two, three and four-bedroom homes all within the grounds of the historic, Grade II listed Gillibrands Hall.

The family friendly houses currently start from £169,995 for a three-bedroom Hayward, while a four-bedroom detached Otter starts at £247,995. There are only a limited number of detached properties to choose from.

The development is beautifully set against a stunning backdrop of rich woodlands and striking landscaping – making this location the perfect place to start climbing the property ladder.

Gillibrands Park, off Butterworth Brow in Chorley, is located approximately one mile from Chorley town centre, and is therefore within easy reach of facilities such as schools, restaurants, a post office and doctor’s surgery.

For those people who embrace the great outdoors, then walks through Yallow Valley Park, hikes up the West Pennine Moors or treks around the Lancashire Plain should tick all the boxes, and when they return home they can relax in the secluded setting of Hallwood Gardens.

For further information on the deposit paid offer at Hallwood Gardens, visit redrow.co.uk.