"Dream homes at dream prices" for Henley's first-time buyers
WOULD-BE homebuyers can realise the dream of home ownership in
one of Warwickshire's most desirable market towns at a dream
They can get on to the property ladder at Farriers Cross,
Henley-in-Arden, for as little as £87,750* with Bromford Homes.
That's enough to buy a typical 45% share of a three-bedroom house
through Bromford's HomeBuy shared ownership scheme −and
the deposit could be as little as £4,388*.
Prices like that make home ownership really affordable for local
first-time buyers and other people who can't afford to buy on the
open market, according to Trish Foster, of Bromford Homes.
"These are dream homes at dream prices in the heart of one of
Warwickshire's most historic and sought-after small towns," says
the Bromford Homes Head of Sales for Warwickshire.
"Just six of these high-quality new homes are on the market
through the HomeBuy shared ownership scheme. They're just right for
young people who want to buy their own home in a really desirable
area but cannot afford the five or ten per cent deposit and the
mortgage repayments needed to buy outright."
She describes shared ownership as one of the property world's
best-kept secrets − and highlights how HomeBuy has helped hundreds
of first-time buyers to realise their dream.
"With many lenders requiring fairly large deposits and credit so
tight, many first-time buyers believe that owning their home is an
impossible dream. Shared ownership has made that dream a reality
for many hundreds of people. It's a great way to get into the
home-buying market," she says.
"Aspiring homeowners can buy up to 75 per cent and pay rent on
their remaining share. We do everything we can to make sure that
the deal is truly affordable for buyers. At the end of the day,
buyers get a brand new energy-efficient home built for ease of
maintenance at a really affordable price."
Farriers Cross is just a five-minute walk from the centre of
town and the homes feature a wealth of delightful architectural
details that reflect the picture postcard character of the
mile-long high street, with 150 buildings that are listed as being
of special architectural or historic interest.
To find out more about Farriers Cross and HomeBuy shared
ownership options call Bromford Homes on 07850
* £87,750 would buy a 45% share of a three-bedroom home at
Farriers Cross with a full asking price of £195,000. The deposit
figure of £4,388 is based on a 95% mortgage. Shared ownership
buyers can purchase between 25% and 75%. Monthly rent and service
charges also apply.
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12 October 2012