Gladedale offers opportunity in adversity

Local house-builder, Gladedale in the north east of England knows that buyers are cautious at the moment but they believe they have come up with a schedule of benefits to sweep away any but the most insurmountable of barriers to new home purchase.

Richard Jones, Sales Director for Gladedale in the north east of England, said: "We know that these are uncertain times and we need to tempt visitors back to our showhomes, but it's very clear to me that home-owners don't appreciate the amazing extent of assistance available at the current time to get things moving again.

"From part-exchange or 25% interest free loans for up to 10 years*, to full sickness, accident and redundancy cover included in the purchase, and Price Promise guarantees in case your new home should fall in value, we will work closely with any visitor to tailor a package of benefits which allows them to trade up now while bargains are plentiful.

"We have an enormous amount of pride in our product but we must sell existing stock so that we can restore energy to a property market in the doldrums. We are doing everything in our power to facilitate that and I can't stress enough that anyone who doesn't at least check out the opportunities available could be doing their future comfort and prosperity a bad turn.

"I've worked in the housing industry for a number of years and I have never seen more of a buyers' market than at the end of 2008. But experience also tells me that current fantastic offers can't last long."

Sweeping away barriers:

I can't sell my existing home; Gladedale offers part-exchange on selected properties.

I can't get a mortgage; Gladedale offers assistance in sourcing mortgage advice. They also offer a 3.99% subsidised mortgage deal.

I haven't got enough of a deposit; Gladedale operate a First Start scheme for first time buyers which covers the 5% deposit, plus £400 towards legal fees and a valuation fee up to £325.00

Through its Shared Equity* facility, Gladedale also offers an interest free loan on 25% of the value of the property for up to ten years, which can really help in securing a mortgage, and it is possible to borrow 100% of the remaining 75% payable on the property, thus requiring no deposit.

What if I lose my job? Until Christmas 2008, free insurance cover for accident, illness and redundancy can be included in the purchase price of any new Gladedale home.

I'm worried about fuel bills; Not only is a new home likely to be much more energy-efficient and therefore cheaper to run than an older property but Gladedale) offers a £2,000 fuel subsidy over the first two years in your new home.

I can't be bothered moving before Christmas; Gladedale is happy to extend your reservation period until January 2009 to allow you to have a peaceful run up to Christmas with the knowledge of a gorgeous new home waiting to move into by spring.

These individual benefits are not cumulative and may be available on selected plots and developments only.

For more information on all developments in the area, log on to Gladedale.com.