Fly the nest in Stoke on Trent with Redrow
Fly the family nest or escape the rental trap to a stylish, affordable home of your own in Stoke on Trent.
Redrow is offering customers the chance to snap up a brand new home at Water’s Edge, Hanley, at a fraction of the usual cost, using its ‘easi:buy’ scheme.
With ‘easi:buy’ purchasers can defer paying up to 15% of the price of selected new homes for up to 10 years, bringing the initial outlay down to a more manageable level.
Elaine Mounsey, sales manager for Redrow Homes (NW), commented: “The average age of first time buyers purchasing without financial assistance from their parents is now 37. And only last week the Home Builders Federation (HBF) said the average first time buyer would need to save every penny of their earnings for more than two years to get on the property ladder,
“All this makes depressing reading, but our ‘easi:buy’ scheme could help them buy a home of their own sooner than they thought – and without the need for a hefty deposit.”
Apartments at Water’s Edge are available from just £74,995 and with ‘easi:buy’ a one-bedroom apartment could be snapped up for an initial outlay of as little as £62,045.
The outstanding balance can be repaid at any time over the 10 years when the purchaser has more funds available or when they come to resell.
“Raising a large cash deposit can be difficult, particularly if you are paying rent while you’re trying to save. But with ‘easi:buy’ you should only need a relatively small deposit of around 5% of the reduced cost, making homeownership much more affordable,” Elaine commented.
“It could be the difference between a lifetime of renting or living with parents and owning a home of your own. Buyers may even discover that their mortgage repayments are lower than the rent they would pay for a similar sized property.”
Close to the Caldon Canal and just minutes from the centre of Hanley, Water’s Edge, also offers a choice of family homes with prices from £134,995.
To speak to the friendly, experienced sales team about how Redrow could help you buy your dream home, visit the marketing suite, open from 10am to 5.30pm from Thursday to Monday.
