Gloucester apartments offer dream starts

First time buyers in Hucclecote can look forward to getting on the housing ladder with Barratt’s Dream Start scheme available at the Coopers Edge development.

The stunning two bedroom Mulberry apartment can be purchased for an amazing £124,000 saving £41,000 off the original price of £165,000 with Dream Start, which enables first time purchasers to own a brand new home for just 75 per cent of the asking price, with no deposit necessary.

The Dream Start scheme works by arranging mortgage finance on 75 per cent of the purchase price, while the other 25 per cent is covered by Barratt and repayable interest free, either within 10 years or on the resale of the property.

Louise Ware, sales director at Barratt, said: “The affordability difficulties faced by first time buyers are still an ongoing issue and Barratt’s Dream Start scheme is tailored exclusively to help these people get on the property ladder.

“By loaning the extra 25 per cent of the asking price, Barratt is enabling its buyers to take on a more manageable mortgage. This flexible loan can be settled in full or in part at any time during the ten year period and is paid back, interest free, as 25 per cent of the property’s market value at the time.

“This fantastic offer runs for a limited amount of time and always generates a vast amount of interest, so we’re urging people to enquire straight away to avoid disappointment. Each home is ready to move in, furnished with fitted carpets and kitchen appliances. Barratt even pays the stamp duty and up to £1000 of legal fees.”

Coopers Edge offers a selection of two, three, four and five-bedroom homes. It has proved to be extremely popular and only a few properties in the first phase of development are still available. The second phase, due for completion next year, will offer two, three and four-bedroom homes.

For further details on current availability at Coopers Edge, log onto Barratthomes.co.uk.