How part-buy can unlock Lichfield city living
SHARED ownership can open the door to a Bromford home in the
heart of historic Lichfield − and the start of a new chapter
of your life that allows you to enjoy the best of city living.
That's the message from Bromford Homes Head of Sales Alan
Bradley to people who want to live in a prime part of this historic
cathedral city but can't afford to buy on the open market. Now's
the time to make that home ownership dream come true, he adds,
because you can buy a two-bed apartment at Greyfriars House for as little as
£37,500* through shared ownership.
Qualifying homehunters can buy between 25% and 75% of their new
Queen Street home − instead of buying outright − and pay low rent
on the remaining share. An affordability formula decides how big a
share they buy, with a typical amount being around 45%.
Three of the part-buy apartments have been snapped up, leaving
just three on the market − and Alan believes they're ideal for
older people who don't already own their home as well as
traditional first-time buyers.
"Lichfield has a special appeal of its own − combining a
rich heritage with all the shops, bars, cafes and places to go that
make it such a great place to live," says Alan.
"Greyfriars House couldn't be better placed to help you make the
most of all this city has to offer. It's only a short walk from the
high street and the cathedral (above) precinct and you've got a
beautiful park almost on your doorstep," says Alan. "Each of our
Queen Street apartments comes with allocated parking, although you
could easily manage without a car and, of course, you've also got a
railway station within walking distance."
The apartments (below) are built to a high quality with easy
maintenance in mind and many built-in features that would normally
come as extras elsewhere. "It all adds up to a great package - and
a great lifestyle that we know appeals to older people as well as
traditional first-time buyers," says Alan.
"You could be someone who finds yourself on your own in a large
rented house and still nurtures the dream of home ownership or
maybe you once lived in Lichfield and want to move back. You
probably think it's too late to realise that dream and believe
owning your own home in Lichfield is beyond your reach. Well, the
good news is that shared ownership offer can make the dream become
* £37,500 is a 25% share of a two-bed apartment with a full
asking price of £150,000. A 5% deposit on that share would be
£1,875. A 45% share on a two-bed apartment with a full asking price
of £150,000 is £67,500 and a 5% deposit on that share would be
22 June 2013
To find out more about Greyfriars House and shared ownership call 0845 60
10 878. You can also register for
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