Festive season heralds big move for buyers
CHRISTMAS will be a bit special this year for the first wave of
buyers at our popular Middlemore Heights development in
Aspiring homeowners reserved all 15 two and three-bed shared ownership houses within a few
months of the showhome opening.
Now the first homes are finished and eight buyers hope to see
their property ownership dream come true in time for them to
celebrate the festive season at Middlemore Heights.
Bromford Homes Head of Sales Alan Bradley promises customers
that his sales and marketing team will pull out all the stops in an
effort to make sure that everything goes according to plan.
"It's a truly magical time of the year and we know all know
there's nothing like opening your Christmas presents and
celebrating the Big Day in your own home with close family and
friends," says Alan.
"Customers who are scheduled to complete at Middlemore
Heights − and our other shared ownership developments across
central England − will be our top priority in these last few
weeks before Christmas.
"Getting the keys to a new home that you can call your own is
one of the best Christmas presents you could ever have and we wish
all of these buyers a very Happy Christmas and New Year."
Middlemore Heights (pictured above) is just one example of shared
ownership success in Northamptonshire, with buyers snapping up all
the affordable homes at Roman View and Tove Grange, near
Towcester, and Middleton Chase, Middleton Cheney.
We've also got more shared ownership homes coming at Church Fields, Bugbrooke, near
Northampton, and at Countess Manor, Moulton, on the north
side of the county town.
"Northamptonshire is like many places these days. Property
prices are relatively high − and getting higher − while
average incomes are relatively low," says Alan.
"This makes it very difficult for first-time buyers and other
people who can't afford to buy on the open market. Our part-buy,
part-rent scheme − also known as shared ownership − can
make all the difference, with purchase prices that can be as little
as £68,000 for a typical 40% share of a two-bed home in a
sought-after rural location like Bugbrooke (pictured below) and
deposits that could be just £3,400*.
"That's why people across Northamptonshire − and the rest
of central England − keep saying such an enthusiastic yes to
With shared ownership, you buy between 25% and 75% of your new
home and pay low rent on the remaining share. How much you buy
depends on your financial circumstances, with 40% being a typical
* £68,000 would buy a typical 45% share of a two-bed house with
a full market value of £170,000. A minimum deposit of £3,400
assumes a 95% mortgage on that typical share.
To find out more about shared ownership and
local developments, call 0845 60 10878 or register your interest online. You
can also keep in touch by following us on Twitter or Facebook.
06 December 2013