Affordable properties in Liverpool from Miller Homes

An encouraging message from Miller Homes as it sets out to show just how affordable home ownership is right now.

“Say goodbye to the landlord and hello to the property ladder” said Helen Toher-Horne, Miller Homes Sales Manager. Helen continued, “the shortage of housing supply for first time buyers has seen large rises in rental prices (typically up 4.9% in the year*). Now is the time for house hunters and people renting to consider their options. Purchasing a new home is now whilst there is good value to be found, I believe it will prove to be a better medium to long term investment than renting.”

Since the financial crisis struck nearly four years ago, when house prices dropped by almost 14%, the Land Registry data shows that average house prices have rebounded and rose by nearly 12% to February 2010. Since then the market has remained fairly static, mainly as a result of lack of mortgage products. This is now changing with new competitive mortgage products becoming more readily available.

The truth is no one knows when house price rises will take off again. Back in 2006 the Government is on the record as stating that there was a need to increase housing supply by 200,000 homes each year up to 2016 to meet the population needs and, on the basis of supply and demand, suppress house price rises. Last year there were just 102,830 new homes built. Pundits are now suggesting that it is not a question of ‘if’ but ‘when’ house prices will rise. The message is clear; if you wait to see the market rise is confirmed it will be too late to get the best bargain. And after all, a house is a home not just an investment.

A new Miller Home could be yours for just £276.33p. per month now. A ‘Castlewood’ luxury 2-bedroom apartment priced at £79,950 at its ‘Connaught Green’ development, in Anfield. New releases of the ‘Castlewood’ are now available and feature a contemporary open plan lounge / dining / kitchen with a stainless steel kitchen appliance package; a master bedroom with en-suite and private courtyard parking.

‘Connaught Green’ offers a choice of property sizes, from 2-bed apartments up to 3 and 4-bed family Homes. For comparison the monthly figure for a 3-bed semi-detached ‘Price’ house design with en-suite is just £449.14p**.

Full details of the ‘Castlewood’ and the choice of apartments and houses are available from the ‘Connaught Green’ marketing suite, located off Belmont Road, Anfield, L6 4EL. It is open Thursday to Monday inclusive, from 10.30am to 5.30pm.

** Terms and conditions and eligibility criteria apply to monthly figures quoted.
* Source – Find a property Rental Index Q1 – March 2011.