Home-owner dream so affordable at Brookfields
BROMFORD Homes have set "dream" prices for their striking new shared ownership development in
Shrewsbury. This means local first-time buyers can get on the
property ladder at Brookfields, Bagley Drive, for as little as
£33,750* with the deposit as low as £1,688*.
Prices are announced as Bromford's award-winning
construction team gear up to start building eight eye-catching
two-bed homes on the northern side of this historic Shropshire
The first completions are scheduled for October or November and
Bromford Homes Head of Sales Alan Bradley urges local first-time
buyers to act quickly if they want to reserve a particular plot for
"That £500 could be one of the best investments you'll ever make
if you're someone who wants to get on the property ladder in
Shrewsbury − and make your dream of home ownership come true,"
"Shrewsbury is like many place these days − property prices
are relatively high and typical earnings are relatively low. That
means many first-time buyers and other people who can't afford to
buy on the open market believe that home ownership is now out of
their reach − and, in many cases, feel they're trapped forever
in private rented housing."
Shared ownership transforms that
gloomy prospect by enabling first-time buyers to purchase between
25% and 75% of their new Bromford home instead of buying outright
and to pay low rent on the remaining share.
"It really is as simple as that," says Alan. "Shared ownership
offers a truly affordable solution for people who couldn't
otherwise afford to get on the property ladder. In the case of
Brookfields (above) you can buy a minimum 25% share of a new home
for as little as £33,750* and your deposit could be as low as
£1,688*. And it's not just the initial costs that are lower −
we've got lots of evidence to prove that it probably won't cost more each month
than renting from a private landlord.
"At the end of the day, buyers at Brookfields will get a
traditionally-built, energy-efficient home that's designed for ease
of maintenance at a really affordable price. What's more, our price
includes a lot of features that buyers might have to pay for as
extras elsewhere. Things like turfed front and back gardens, full
screen fencing, and quality kitchens."
The contemporary-looking brick homes will take shape off Bagley
Drive − an established residential area with fields and
woodland leading down to Bagley Brook. It's a family-friendly spot,
with a good choice of local primary schools and some local shops
within a short walking distance. The A49 and A45 are only a few
minutes drive away, Shrewsbury railway station is just over a mile
and the town centre roughly two miles.
21 June 2013
To find out more about buying at Brookfields call
0845 60 10 878 or register for
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* This example is based on a property price of £135,000. A 25%
share would cost £33,750 and a 5% deposit on that would be