Reserve a new home for less
Easy to manage and efficient to run, new Redrow homes in Barton upon Humber offer a stylish solution to modern living.
And with a new low reservation fee plus the help of HomeBuy Direct, buyers could find that moving to a brand new home at Fox’s Fold is more affordable than they realised.
Patsy Aicken, sales director for Redrow Homes (Yorkshire), commented: “Because we understand that every penny counts when moving home we’re offering to help customers by reducing the reservation fee at Fox’s fold from £500 to £99. There’s also the chance for eligible purchasers to save thousands off the initial price with HomeBuy Direct.”
Two, three and four-bedroom homes are available at Fox’s Fold, which features designs from Redrow’s critically acclaimed New Heritage Collection.
Prices range from £93,999 for a two-bedroom property up to £215,999.
All of the homes boast a high specification as standard. Kitchens are well equipped with integrated top brand name appliances, plus floor to ceiling cabinets and extra wide drawers that offer spacious, stylish storage solutions; while bathrooms and en-suites boast sleek suites, quality fixtures and fittings and an exclusive tile range.
Well insulated with double glazing and central heating included, they’re easy to manage and efficient to run.
“Some people may think they can only afford an older, second hand property that’s in need of lots of work. However, they could be pleasantly surprised to discover that a stylish new home at Fox’s Fold is within their reach,” Patsy added.
“By allowing customers to take out an equity loan for up to 30% of the price, HomeBuy Direct makes homeownership more affordable. It’s a great way for those starting out in life to step onto the property ladder.”
With HomeBuy Direct three-bedroom ‘Hayward’, available on the open market at £134,999 could be snapped up for an initial outlay of as little as £94,499.
Reducing the overall size of the mortgage required and, more importantly, the loan-to-value ratio (LTV) means lenders generally ask for a much smaller deposit.
The balance comes in the shape of an equity loan jointly funded by Redrow and the government, which is interest free for the first five years.
The scheme is designed to help those who would otherwise be priced out of the property ladder including first time buyers and potentially growing families in need of extra space or someone who is starting out after a chance of circumstances such as divorce.
To be eligible for the help, customers must have an annual household income of less than £60,000.
A video guide to HomeBuy Direct is available to watch at redrow.tv. The award-winning broadband TV channel also includes virtual tours of the show homes at Fox’s Fold enabling potential purchasers to ‘look’ inside any time of day or night.
To experience all that a brand new Redrow home has to offer, visit Fox’s Fold, open Thursday to Monday from 10am to 5.30pm.
