Why rent when you can buy in Kirkby in Ashfield

Experts are advising first time homebuyers in Kirkby-in-Ashfield to consider making the move into home ownership as renting prices continue to increase

Landlords hiked their rents for the eighth consecutive month during September, with the average price of renting a two bedroom home in Kirkby-in-Ashfield rising to £392 a month.

According to housebuilder Morris - the developer behind the Darcy Park, off Lindleys Lane – by taking advantage of schemes like Morris’ Great Start scheme, buying a new home could now cost less than renting.

The popular Great Start scheme, which enables qualifying first time buyers and key workers to purchase a new home with a mortgage for just 80 per cent of its market value, is available on selected properties at Morris’ Darcy Park.

Cindy Vials, regional sales director for Morris, said “Renting can sometimes seem like the only option but first time buyers need to be aware that schemes like Morris’ Great Start really is an opportunity of a lifetime that can save you thousands of pounds.

“Not only does it cut down the size of your deposit considerably, it also means that the cost of your monthly mortgage repayments is cheaper than the average price of renting the same property.

“At Darcy Park, with Great Start it could cost you just £275 per month to own a brand new two bedroom home**.”

Morris currently has a selection of properties available under the Great Start scheme at Darcy Park starting from just £63,950*.

The housebuilder is also offering to kit our your new home with an exclusive furniture package that includes everything from an LCD TV, sofa and beds right down to the cutlery in your kitchen drawers as well as giving a £500 John Lewis voucher so you can treat yourself before the big move***.

For more information on Morris’ schemes, visit the sales office (Open Thursday to Monday between 9:30am and 4:30pm) at Darcy Park, Lindleys Lane, Kirkby-in-Ashfield, Notts, NG17 8AB.

*Great Start is based on paying just 80% upfront and the rest over the next 10 years.

**Your home may be repossessed if you do not keep up repayments on your mortgage. Monthly payments based on Great Start price with a 2 year fixed rate mortgage at 3.19% with Nationwide over 30 years and including a 5% deposit from the buyer. 

***On legal completion for reservations taken before December 31st 2010. Details and prices correct at time of publication.