Help for buyers in Ystrad Mynach
Buyers hunting for an affordable home in Ystrad Mynach will discover some cracking offers at Redrow’s Cwm Calon venture this Easter.
With a reputation for building quality family homes, Redrow is keen to make looking for a new home fun and on Easter Sunday (April 4) will be hosting an egg hunt at Cwm Calon, where a selection of two, three and four-bedroom properties are currently available.
Prices at Cwm Calon start from as little as £124,000. And to help make homeownership more affordable, Redrow is offering buyers to defer paying 15% of the purchase price of two-bedroom homes for up to 10 years.
Luly Brice, sales manager for Redrow Homes (South Wales), explained: “With our easi:buy scheme, a brand new home could be yours for an initial outlay of just £105,400. It’s a great way for first time buyers, who would otherwise be priced out of the property market, to purchase a home of their own.
“It also eases some of the stress of having to save for a large deposit as with ‘easi:buy’ purchasers only have to apply for a mortgage which represents 85% of the full value of the property – hopefully giving them access to some of the better interest rates around.”
According to the Centre for Economics and Business Research*, house prices are set to return to the highs of 2007 in 2012, a year earlier than previously predicted.
“If these predictions prove to be correct, buyers could find that their home is worth more than they paid for it. And unlike some older, second hand properties it won’t need expensive repairs or renovations as all Redrow homes feature contemporary kitchens with floor to ceiling units and top name appliances, plus modern bathrooms and en-suites with pristine white suites and quality fixtures and fittings,” Luly commented.
The ‘easi:buy’ payment is subject to terms and conditions and the deferred element is paid back at market value at the time of payment, which could go down as well as up.
Situated on part of the former Penallta colliery site, Cwm Calon has been carefully planned to cater for residents’ every need, from a brand new road link to the A470 to a new Welsh speaking primary school. The nearby railway station offers easy travel to Cardiff in just 20 minutes.
For more information about the homes available at Cwm Calon, visit the marketing suite open daily 10am to 5.30pm.
* cebr.com
