Final five homes at popular Cooper Court

Stockport buyers should act fast if they want to take advantage of a Government-backed help scheme, which is available on the final five homes at Cooper Court, in Hazel Grove.

Elaine Mounsey, sales manager for Redrow Homes (NW), said: “HomeBuy Direct enables those starting out in life to purchase a home of their own at a price they can afford. For many first time buyers it represents the best way of getting a foot onto the property ladder.”

The scheme makes owning your own home more affordable by offering eligible customers an equity loan for up to 30% of the purchase price.

“Redrow will match the government pound for pound to provide the 30% equity loan, which is interest free for the first five years. And because customers will initially only need to pay 70% of the purchase price, they should be able to access some of the better mortgage deals around,” Elaine explained.

“They will own 100% of the property from day one but can put off paying up to 30% of the asking price until a time when they have more funds available. They can start purchasing the remaining share in instalments after just 12 months.”

HomeBuy Direct is open to people with an annual household income of less than £60,000, including first time buyers, those re-entering the property market following a change in circumstances, eg. divorce or the breakdown of a relationship, and families in need of extra space.

With HomeBuy Direct, a two-bedroom ‘Avon’ apartment priced at £133,995 could be yours for an initial outlay of only £93,796; while a three-bedroom ‘Malham’ home priced at £209,995 could be yours for £146,996.

Located in the thriving village of Hazel Grove, Cooper Court offers the best of both worlds – it’s just minutes Stockport, 15 minutes from Manchester city centre by train, yet is within easy reach of the Derbyshire Peaks.

For more information about the homes available at Cooper Court, visit the sales office, open Thursday to Monday from 10am to 5.30pm, or log onto: redrow.co.uk