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It's buy, buy, buy at Brookfields - and just 3 left

FIRST-TIME buyers are voting with their feet − and their deposits − at our Brookfields shared ownership development in Shrewsbury.

Three of the eight houses were snapped up in a single day at the weekend and, with two already reserved, that leaves just THREE up for grabs for as little as £60,750 when buying a typical 45% share.

Saturday's trio of holding reservations comes just a week after the opening of our two-bed demo home and a forecast by Bromford Homes Head of Sales Alan Bradley that more shared ownership sales would follow.

"It's all go here at Brookfields and all I can do is repeat my message − be quick or you could miss out on this truly affordable chance to bag a home that you can call your own," he tells first-time buyers and other people who can't afford to buy on the open market.

"You now have less than a fortnight to reserve one of the last three homes if you want to qualify for our special launch deal offering you free carpets. My advice is to call us now, arrange a visit to the demo home and find out for yourself why other buyers are falling in love with these great Bromford homes and our truly affordable shared ownership prices and deposits."

Brookfields wide view

In the case of Brookfields (pictured above), your deposit could be just £3,038 with a 95% mortgage on the 45% share price of £60,750.

"That's crucial for first-time buyers in a sought-after town like Shrewsbury where property prices are relatively high and average salaries are relatively low," says Alan.

The actual amount you buy depends on your financial circumstances but 45% is typical and the maximum share is 75% − and you pay low rent on the remaining share.

"As you can see from our example, shared ownership deposits are much cheaper than if you buy outright − and the total monthly costs are typically less than it costs to rent privately," says Alan.

"That's why people keep saying YES to shared ownership and why we expect the remaining homes here at Brookfields will be snapped up too.

"With the demo home complete, our award-winning site manager Pete Hamon and his in-house construction team are making great progress with the remaining houses. If all goes well, we could be handing over the keys to our first shared ownership buyer by mid February."

To find out more about Brookfields, shared ownership and our special carpets incentive call 0845 60 10878 or register your interest online. You can also keep in touch by following us on Twitter or Facebook.

20 January 2014