£500 incentive for Beeches first-time buyers
OUR BIG-value shared ownership homes at The
Beeches are now an even better first-time buy − and we've
organised a chance for you to meet us and find out why.
We're inviting first-time buyers to see our spacious two-bed
demonstration home at Northfield, Birmingham, on Saturday July 6
and offering you £500 towards legal costs if you reserve a home
before the end of July and complete the sale on or before September
The open day gives would-be homeowners a chance to check out the
exceptional build quality and room sizes of our two-bed homes at
The Beeches. They can also take the chance to sit down with a
property expert to talk about how our part buy-part rent deal works
and how it can unlock the home of their dreams for as little as
Half of the 12 shared ownership homes have now been reserved and
Bromford Homes Head of Sales Alan Bradley is confident that more
sales will follow once first-time buyers and other people who can't
afford to buy on the open market have seen what The Beeches has to
"Shared ownership is probably the most affordable way for buyers
to realise their dream of home ownership − and The Beeches offers
room sizes that are exceptional for a starter home and ideal for
anyone who is maybe thinking of starting a family and can grow into
their new home without having to move on a few years time," says
"Add to that the £500 incentive we're offering buyers who
reserve a home before the end of July and complete before September
28 and you've got to agree that there's no better place and no
better way to get on the property ladder in south Birmingham.
"Our Sales Consultant, Harj Bahia, will be there on July 6 with
a warm welcome and is really looking forward to meeting anyone
from Birmingham who wants to come along and find out more about how
truly affordable it is to get a great new home with Help to Buy shared ownership."
Prices start from as little as £30,000* for a two-bed Frankley
semi with a deposit that could be as low as £1,500*. All the
three-bed homes are currently reserved but please register your interest in case
"With shared ownership, you buy between 25% and 75% of a great new
Bromford home and pay low rent on the remaining share rather than
buy outright. It really is as simple as that," explains Alan. "It's
a great way for first-time buyers to get on the property
ladder − especially anyone who thinks they are stuck in
private rented housing or have to save for years to raise the kind
of deposit that lenders demand for outright sale."
Open day visitors are welcome at the demonstration home - where
Merritt's Brook Lane meets Basil Road on the Frankley reservoir
side of Northfield − from 10am to 3.45pm. First-time buyers
can find out more about The Beeches and shared ownership by
calling us on 0845 60 10 878 or our selling agents
Connells on 0121 426 2800. You can also follow us
on Twitter and Facebook.
27 June 2013
* This example is based on a property price of £120,000. A 25%
share would cost £30,000 and a 5% deposit on that would be £1,500.
** Based on a property price of £139,500. A 25% share would cost
£34,875 and a 5% deposit on that would be £1,744.