Llanymynech homes £98k cheaper than average property

A collection of three bedroom homes for at first time buyers have gone on sale at Badgers Green on Heritage Way and priced from just £110,500, are more than £98,000 cheaper than the average three bedroom property in Llanymynech .
David Hodgson, Charles Church’s regional sales director, the developer behind the Badgers Green scheme said: “We realise that there are many aspiring home buyers out there who may need a bit of help to get onto the property ladder which is why we have introduced the 85/15 Shared Equity deal at the Badgers Green development.
“This is a great scheme for first time buyers as it means they are able to purchase a brand new home without having the cost of the whole mortgage, with no fees or monthly rental to pay on the remaining percentage.
“As buyers have to pay just 85 per cent of the market price with the remaining 15 per cent, which is deferred, acting as the deposit, the loan to value ratio is decreased which enables them to access much cheaper mortgage rates – it really is a win win situation.
“Anyone who is frittering away money in a rental property thinking they can’t afford a new home of their own because they don’t have a deposit, or believe they can’t stretch to taking out a mortgage, needs to pay a visit to Badgers Green. Competitive house prices, deals such as shared equity and an all time low interest rate of just 0.5 per cent means it’s a buyers market and that purchasing has never been so easy, or affordable.”
Set in a quiet, leafy village, you are only a short drive from Shrewsbury with its excellent wealth of shops, restaurants and bars, as well lively nightlife. And all this just off the A483 within commuting distance to Chester, Liverpool and Manchester.
For further information about the new starter homes currently available at Badgers Green, visit: charleschurch.com