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Discover demo home at Daventry open day

WOULD-BE buyers are invited to come along this weekend and get a feel for what it's like to live in one of our fabulous shared ownership homes at Middlemore Heights, Daventry.

You can also find out how our great part buy, part rent deal makes it possible for you to move into a new house just like the two-bed demonstration home for as little as £32,488*.

That means your deposit could be as little as £1,625* for a two-bed Braunston (pictured below) − or £1,907** if you buy a minimum 25% share of a three-bed home. If they sound like affordable figures, then you should join us on Saturday for our friendly and informal open day, says Bromford Homes Head of Sales Alan Bradley.

"For those of you who want to get on the property ladder in Daventry, there's no better way and no better place than Middlemore Heights," he tells first-time buyers and other people who can't afford to buy on the open market.

"Come along, walk around our new demo home to see the layout and all the great features that come as standard. Then ask us how shared ownership can unlock the door to one of these super homes for the same or even less than it costs to rent privately.

"We'll be here at Middlemore Heights from 11am until 4pm and really look forward to meeting anyone who wants to come along and find out how truly affordable it can be to get on the property ladder."

Braunston

The secret of shared ownership is that, instead of buying outright, you purchase between 25% and 75%of your home and pay low rent on the remaining share. The amount you buy depends on what you can afford, with 40% being typical.

"We do everything we can to make sure that the shared ownership deal is truly affordable for buyers − whether they are buying a 25% share or anything up to the 75% maximum," says Alan. "At the end of the day, buyers get a traditionally-built, energy-efficient home built for ease of maintenance at a really affordable price."

Our Middlemore Heights demo home is open from 11am to 4pm on Saturday, October 5. Call 0845 60 10 878 to find out more and register for updates or follow us on Twitter and Facebook if you want to keep in touch with what's going on.

* £32,488 buys 25% of the full £129,950 asking price for a two-bed Braunston home and the minimum deposit of £1,625 assumes a 95% mortgage on the purchased share.
** A £1,907 deposit assumes a 95% mortgage on a minimum 25% share − costing £38,125 − of a three-bed with a full £152,500 asking price.

03 October 2013