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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 market town.

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 just £500.

"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," says Alan.

Brookfields wideview

"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.
 
To find out more about buying at Brookfields call 0845 60 10 878 or register for updates. You can also follow us on Twitter @BromfordHomes and on Facebook.
 
* 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 £1,688.

21 June 2013