Free carpets offer as New Arley showhome opens
WE'RE rolling out the welcome mat for first-time buyers on
Saturday with the official opening of our stylish new Colliers Green showhome at New Arley,
It's a golden opportunity to find out how you can start the New
Year with an affordable new Bromford home − and if you reserve
before the end of January and meet our other conditions we'll give
you free fitted carpets throughout.
This weekend's launch gives visitors a chance to check out the
stylish transformation by one of the leading names in property
interior design, Claude Hooper, and to find out more about two
options for affordable home ownership.
The showhome off Ransome Road will be open from 10am to 4pm on
January 11 and Bromford Homes Head of Sales Alan Bradley urges
first-time buyers and other people who can't afford to buy on the
open market to be quick if they want their pick of the remaining
"We've already taken a couple of reservations and once the
showhome is open we expect local first-time buyers will start to
snap them up," says Alan. "My message to them is simple − come
along, look around to check out the layout and build quality, and
find out how little it can cost to have one just like it. In fact,
we've got TWO great ways for first-time buyers to make their
property dream come true here at Colliers Green − shared ownership and equity loan.
"They make it possible for you to start the New Year with a truly
affordable new Bromford home that you can call your own. One of
them is sure to suit your circumstances and we're offering this
special incentive of free fitted carpets to any buyer who reserves
before the end of January and completes on or before March 21."
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 £55,125* for a
typical 45% share of a two-bed house or £61,650** for a three-bed
The second option, HelpUbuy equity loan, allows you
to buy your new Bromford home for just 80% of its purchase price −
in the case of Colliers Green, 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 £98,000, 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.
"Both are really affordable options for would-be buyers on lower
incomes who feel locked out of the property market and are probably
renting from private landlords − part of what's now known as Generation Rent − or living at
home with their folks," says Alan. "Crucially for most first-time
buyers, the deposits in both cases are much cheaper than if you buy
outright − as little as £2,757* for 45% shared ownership and as low
as £4,900*** for the equity loan scheme."
To find out more about Colliers Green, shared
ownership and equity loan, and our special incentive call
0845 60 10878 or register your
interest online. You can also keep in touch by following us on
Twitter or Facebook.
06 January 2014
* With shared ownership, £55,125 would buy a typical 45% share of
a two-bed house with a full market value of £122,500. A minimum
deposit of £2,757 assumes a 95% mortgage on that typical share. **
£61,650 would buy a typical 45% share of a three-bed Cowley house
with a full market value of £137,000. A minimum deposit would be
£3,083, assuming a 95% mortgage on that typical share.
*** With HelpUbuy equity loan, you could pay £98,000 for a two-bed
home with a full market value of £122,500. A 5% deposit on the
share you buy would be £4,900.