Operation Ho-Ho-Homes delivers Xmas dreams
OPERATION Ho-Ho-Homes has made a special Christmas wish come
true for another 16 shared ownership buyers.
The last December buyer collected their keys to a new Bromford
home at Fortuna, Cirencester, today (December 20),
giving them just four more days to unpack and settle in before
It's a successful and happy ending to a short but busy festive
month for Bromford Homes Head of Sales Alan Bradley and his team of
Operation Ho-Ho-Homes helpers.
"Like Santa's elves, we've all been working very hard during the
countdown to Christmas in an effort to make sure that all the
scheduled December completions go to schedule," says Alan.
"I'm delighted to say that each member of our sales and
marketing team has done his or her bit and that the last shared
ownership sale was legally completed at Fortuna (pictured below)
before midday and that we were able to hand over the final set of
keys to another delighted buyer.
"It's a magical moment when you cross the thresh-hold of your
first home and see your property dream come true. That's even
truer, of course, at this very special time of the year and we wish
these latest buyers − and all of our customers − a very
merry Christmas and a happy New Year."
December's handover success follows two target-topping months of
completions during October and November − and Alan
predicts that first-time buyers to keep saying yes to shared
ownership after Christmas.
"We've had three especially busy months with nearly 60 shared
ownership completions in all," he says. "Our part-buy, part-rent
formula − also called shared ownership − really does make
a difference to first-time buyers and other people on lower incomes
who can't afford to buy on the open market."
Instead of buying outright, you buy between 25% and 75% of your
new home − the actual amount depends on what you can afford,
with around 45% being fairly typical − and pay low rent on the
This means, for example, that you can get on the property ladder
at The Beeches in Northfield (pictured below)
for around £54,000 − or 45% of a two-bed Frankley home with a
full market value of £120,000 − and a minimum 5% deposit of
"Figures like that make buying much more affordable and we work
with each customer to make sure that the actual amount they buy
reflects their personal circumstances," says Alan.
"And it's not just the initial costs that are cheaper. There's
plenty of evidence to show that the total monthly cost of shared
ownership are typically cheaper than if you buy outright − or,
indeed, if you rent from a private landlord. That's why people
across central England keep saying such an enthusiastic yes to
To find out more about shared ownership and
Bromford developments across central England call 0845 60
10 878 or register for updates. You can also
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20 December 2013