Unlock your home ownership dream with Bromford
WANT to get onto the property ladder at a price − and with
a deposit − that you can truly afford? Then look no further
than Bromford Homes' latest developments in and around Birmingham
and Coventry where it's possible to buy your first home for as
little as £30,000.
That's enough to buy a minimum 25% share of a new shared ownership home at The
Beeches, Northfield, Birmingham − and your deposit could
be as little as £1,500 based on a 95% mortgage.
Shared ownership can also unlock the door to a new home at Minstrel Park, Stratford-upon-Avon, where
prices start from £45,000 and your deposit can be just £2,250.
It gets even better at New Arley's Colliers Green, just
north of Coventry, because here you have TWO great ways to buy.
Yes, we're selling 12 of these feature-packed new homes through our
popular part-buy, part-rent scheme − also known as shared
ownership − and another eight through our new HelpUbuy equity loan offer.
Bromford Homes Head of Sales Alan Bradley describes the choice at
Colliers Green (pictured below) as a really rare opportunity for
first-time buyers and other would-be home-owners who can't afford
open market prices.
"It's unusual for an affordable housing developer like Bromford to
offer a choice of shared ownership AND equity loans on the same
site," says Alan. "Both are really affordable options for would-be
buyers who feel locked out of the property market and could be
renting from private landlords − part of what's now known as
Generation Rent − or living at home with their folks."
Bromford makes sure that every homebuyer deal is truly
affordable − and, of course, that includes our shared
ownership developments at Minstrel Park and The Beeches, where just
two homes remain on sale.
With shared ownership, you buy between
between 25% and 75% of your new Bromford home − the amount depends
on what you can afford − and pay low rent on the remaining share.
In the case of Colliers Green, it costs as little as £30,625 for a
minimum 25% share of two-bed house or £34,250 for a three-bed
HelpUbuy equity loan - only available at
Colliers Green - allows you to buy your new Bromford home for just
80% of its purchase price − around £98,000 for a two-bed home with
a full market value of £122,500. You simply pay 5% deposit, which
in this example is 5% of £122,500 or £6,125 − plus the monthly
mortgage payments on what you borrow − and no interest on the other
20% for up to five years and no rent either.
To find out more, give Bromford Homes a call now on 0845
60 10878 or register your interest online. You
can also keep in touch by following us on Twitter or Facebook.
14 October 2013