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Hit the Heights for low prices

FIRST-TIME buyers are voting with their feet − and their hard-saved deposits − by saying a resounding yes to our shared ownership homes at Middlemore Heights, Daventry.

They've now snapped up 11 plots − including all the two-bed homes − and that leaves just four three-bed houses still up for grabs with prices starting from £38,125* and minimum deposits from £1,906.

It's a truly affordable way of getting onto the property ladder and, with the festive season just two months away, we're offering buyers a special incentive that makes it even more affordable if they can move in before Christmas.

Yes, reserve one of the remaining Middlemore Heights houses during November and complete your purchase by December 12 and we'll give you £250 towards legal costs.

It's a welcome boost for budget-conscious homebuyers, according to Bromford Homes Head of Sales Alan Bradley. "This makes a great opportunity even better for first-time buyers and other people who can't afford to buy on the open market," he says.

"Customers have been snapping up these houses since we opened our Middlemore Heights showhome and they got the chance to see how much great value you get with a Bromford shared ownership home.

"Now we've got just four left and my advice to other would-be buyers is to 'be quick or miss out' on this truly affordable chance to make your home ownership come true."

Willoughby

The secret with shared ownership is that, instead of buying outright, you buy between 25% and 75% of your new Bromford home and pay low rent on the remaining share.
 
How much you actually buy depends on what you can afford − the average is about 40% or about £61,000 for a three-bed house like the Willoughby (pictured above) with a full market value of £152,500.

"Would-be buyers might also be surprised to find out that the total monthly costs with shared ownership are typically lower than if buying outright or renting from a private landlord," explains Alan.

"It's no wonder then that so many first-time buyers have already said a big YES to shared ownership − and it might surprise you to find out that you can have a combined household income of up to £60,000 and still qualify for this great part-buy, part rent deal."

Middlemore Heights is a great location for commuters and young families, with a wide choice of local primary schools, shops and local leisure facilities. It's two miles from Daventry town centre and within easy driving distance of Rugby, Northampton or Leamington Spa. Long Buckby railway station is less than five miles away and from there you can get to Birmingham New Street in less than 50 minutes.

All homes come with a fully-fitted kitchen, oven, hob and extractor, downstairs cloakroom, fitted wardrobe to master bedroom, full gas-fired central heating, double glazing and high-performance insulation throughout. Allocated parking, turfed rear gardens and 10-year NHBC New Home warranty are also included.

Our Middlemore Heights showhome is open Saturdays, 11am-4pm. To find out more about our homes and shared ownership call 0845 60 10 878 and talk to one of our experts. You can also register for updates and follow us on Twitter and Facebook.


* £38,125 would buy a minimum 25% share of a three-bed house with a full market value of £152,500. A minimum deposit would be £1,906, assuming a 95% mortgage on that minimum share.

29 October 2013