New homes from just £316 in Netherley
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 the 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 ‘Kitchener’ a 3-bedroom semi-detached family home is priced at £99,500 at Miller Homes Bridgewater Park development in Netherley, Liverpool. Kay added: “We have been in touch with independent mortgage advisers who have confirmed that mortgages for the Kitchener could cost as little as £316.66† per month.”
The final few releases of new homes are now available at this popular location.
The ‘Kitchener’ design has a large kitchen with a stainless steel appliance package and a clever archway division to separate the dining-room. The space is made bright and inviting with French doors that open out on to the rear garden. There is also a downstairs w.c. and the master bedroom features an en-suite. Perfect to reduce demand for the family bathroom at peak times.
Full details of the ‘Kitchener’ and last few remaining properties are available from the ‘Bridgewater Park’ marketing suite, located off Brownbill Bank, Netherley L27 7AE. It is open Thursday to Monday inclusive, from 10.30am to 5.30pm.
† Terms and conditions and eligibility criteria apply to monthly figures quoted.
