Why rent when you can buy in Maidstone
Escape the rental cycle and move to an affordable home of your own in Maidstone with help from Redrow.
The award-winning housebuilder has two-bedroom homes for sale at Sutton Woods, off Sutton Road. They’re the perfect solution for those who are tired of wasting their hard-earned cash on rent and, with the help of Redrow’s ‘easi:buy’ scheme on selected homes, customers could find that homeownership is more affordable than they realised.
Beryl Williams, area sales manager for Redrow Homes (Eastern), commented: “According to property website Zoopla*, renting is now more expensive than owning in 80% of towns and cities and the difference is rising. It means that instead of asking if they can afford to buy, those who are caught in the rental trap should be asking themselves if they can afford not to buy.”
A selection of two-bedroom houses at Sutton Woods are now available from just £167,950 or an initial outlay of only £142,758 with ‘easi:buy’.
The valuable help is a welcome boost to those who would otherwise be priced out of the housing market, as it allows customers to defer paying up to 15% of the purchase price interest free for up to 10 years.
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. The ‘easi:buy’ payment is subject to terms and conditions, with the deferred element paid back as a percentage of the market value at the time of payment.
“It can be hard trying to save money for a deposit while you’re paying rent, but with ‘easi:buy’ you should only need to raise a relatively small deposit to buy a house at Sutton Woods,” Beryl commented.
Built on the site of the former Senacre College, off Sutton Road, Sutton Woods is a stylish venture of eco-friendly homes, with special measures to make them more energy efficient and therefore cheaper to run compared to many equivalent sized, older properties.
They are being built to comply with Level 3 of the Government’s Code for Sustainable Homes, which means home owners will benefit from a number of energy saving and environmentally friendly features.
“Unlike some older, second hand properties they won’t require lots of repairs and renovations before you can move in, Beryl added. “They boast high specification interiors including kitchens with integrated top brand name appliances and bathrooms that enjoy quality fixtures and fittings.”
An easy to follow video guide to ‘easi:buy’ is available to view at the award-winning online television channel Redrow.tv.
Other homes available without easi:buy include three-bedroom homes from £219,950 and four-bedroom homes from £289,950.
As Kent’s county town, Maidstone has a wide variety of shops, schools, sports and leisure centres, bars and restaurants, whilst Maidstone East station offers direct services to London Victoria or Charing Cross in around an hour.
To find out more about the homes available and help on offer, visit Sutton Woods, open daily 10am to 5.30pm.
* zoopla.co.uk
