Get a ‘Head Start' with a new home for under £80k

Barratt West Midlands is giving homebuyers the opportunity to buy a brand new one-bedroom apartment for under £80,000 at its Saddler's Reach development on Hospital Street in Walsall.

This unmissable opportunity is all thanks to Barratt's new ‘Head Start' scheme, which means that eligible purchasers could pay as little as just £75,582 for a brand new £93,600 one-bedroom apartment.

David Child, Sales Director for Barratt commented, "It is extremely rare to find a property, especially a new build for under £80K these days, but this is exactly what homebuyers in Walsall could pay for a one-bedroom apartment at Saddler's Reach when they take advantage of Head Start.

"Homebuyers pay just 85 per cent of the price whilst still owning all of the property and we will even pay the 5 per cent deposit. This scheme has been specifically designed for first-time buyers and key workers who may otherwise find it a struggle to get a foot onto the property ladder. This offer is however only available for a limited time, so interested homebuyers should come along and visit Saddler's Reach today in order to avoid disappointment."

Head Start is not a shared ownership scheme, homebuyers own 100 per cent of the property from day one. There is no rent or interest to pay on the remaining 15 per cent, the deferred amount is simply paid back as 15 per cent of the properties open market value up to the point of resale or within 10 years, whichever is sooner.

Saddler's Reach offers a range of one- and two-bedroom apartments and three- four- and six-bedroom houses, making it the ideal home for a wide variety of purchasers. Walsall town centre, railway station and major road links such as the M6 are all close by making it the perfect base for those who need to commute.

The Selkirk style one-bedroom apartment comprises spacious living room with separate fitted kitchen which is ideal for entertaining guests, large double bedroom and modern bathroom.

This £93,600 one-bedroom apartment is available for just £79,560 with Head Start, Barratt will then pay the five per cent deposit of £3,978 meaning homebuyers pay just £75,582.

For more information about Head Start or the homes available, log on to Barratthomes.co.uk.