Make 2012 the year you step onto the property ladder
The new year is a time for making fresh starts and what better way to do just that than by buying a home of your own?
Aspiring home owners in Oldham could find that stepping onto the property ladder is more affordable than they realised with help from Redrow.
The award-winning housebuilder is offering customers the chance to defer paying up to 20% of the price of a brand new apartment at Spinners Mews. And recognising that setting up home for the first time can be expensive, Redrow is including carpets and a fridge freezer in the price, as well as the usual kitchen appliances.
Lesley Myers, area sales manager for Redrow Homes (Lancashire), commented: “Instead of making resolutions that can be easily broken, would-be home owners should resolve to make 2012 the year they invest in their future and make that crucial first step on to the property ladder. Oldham is among the UK towns where it’s cheaper to buy than rent and thanks to our ‘easi:buy’ incentive we’re helping to make home ownership even more affordable.”
With easi:buy, savings of £2,920 plus a mortgage of £55,761 could be enough to secure a one-bedroom apartment, available on the open market at £72,995.
Those who have saved slightly more and want somewhere larger could find that a deposit of £3,400 and a mortgage of £64,600 is all they need to buy a two-bedroom apartment. They can defer paying the remaining share of the £85,000 full market value for up to 10 years or until they have more funds available.
“Thanks to ‘easi:buy’ those who thought home ownership was beyond their means could find it’s much more affordable than they realised, enabling them to escape the rental trap or fly the parental nest sooner than they anticipated. They won’t need a hefty cash deposit up front and should be able to access some of the better mortgage rates, usually reserved for those with lots of savings,” Lesley added.
“But with just a handful of apartments yet to be sold at Spinners Mews I would urge those who dream of owning their own home to act fast to avoid disappointment.”
Spinners Mews is just a short distance from Oldham town centre, which means its residents can enjoy a wealth of amenities close at hand. The development also benefits from easy access to Manchester and Rochdale, making it an ideal base for commuters.
For further information, visit redrow.co.uk.
