Contact Sales Team

0800 085 2499

Request a viewing


Plot 7

Ways to buy

Details of ways we can help you buy your first or next home

View all ways to buy

Affordable 1st homes for rural buyers in Northants

OUR low prices are unlocking the home ownership dream for first-time buyers who can't afford open-market property purchase in rural communities across Northamptonshire.

The secret? Shared ownership's part-buy, part-rent formula, which means you can afford to buy a home of your own at Countess Manor, Moulton, just outside Northampton, for as little as £59,000* with a minimum deposit of just £2,950.

We've got more great prices at three other sought-after villages in the county and in most cases homehunters with local connections get first priority.

For instance, you can get onto the property ladder at Saxon Rise, Brixworth − another village just outside Northampton − for as little as £65,250** and a two-bed home (pictured below) at Church Fields, Bugbrooke, could be yours for just £68,000***.

Church Fields 960

Equally affordable shared ownership purchase prices can be found at Becket Manor, Deanshanger − just inside the Northants border, near Milton Keynes − where you can buy 40% of a two-bed home for just £74,000 with a minimum deposit of £3,700****.

Many of these affordable homes have already been snapped up and Bromford Homes Head of Sales Alan Bradley advises other rural homehunters to be quick or miss out on the remaining houses.

"These low purchase prices and deposits explain why so many first-time buyers in Northants and other parts of central England are saying a big YES to shared ownership," says Alan.

"Our high-quality, low-cost homes are ideal for people in and around these popular villages  − people who want to stay in the place where they've got family and friends but can't afford to buy on the open market.

"Well the good news is that shared ownership really can − and does − unlock the door to a home that you can call your own. My advice to local first-time buyers is to call us now and find out how you can qualify."

SaxonRise 2-beds 960x400

With shared ownership, you don't buy your new Bromford home outright. Instead you buy an affordable share of it − 40-45% is fairly typical but it can be as much as 75% depending on your household income − and you pay low rent on the remaining share.

"Both the purchase price and the deposit at Saxon Rise (pictured above) and all our other Northamptonshire examples are a fraction of what it would cost to buy a similar home on the open market," says Alan.

"What's more, the monthly costs of shared ownership are affordable too − in most cases less than it would cost to rent a similar home from a private landlord. And you don't have to take our word for it − just listen to some of the 200-plus shared ownership customers who've collected keys to a new Bromford home this year. Shared ownership has made their property dreams come true and it can do the same for you."

To find out more about shared ownership and our new developments call 0845 60 10 878 or register for updates. You can also follow us on Twitter and Facebook.

* £59,000 buys a typical 40% of a two-bed home with a full-market value of £147,500. Your minimum deposit on that share, assuming a 95% mortgage, would be just £2,950.

** £65,250 buys 45% of a two-bed with a full-market value of £145,000. Your minimum deposit on that share, assuming a 95% mortgage, would be £3,263.

*** £68,000 buys 40% of a two-bed with a full-market value of £170,000. Your minimum deposit on that share, assuming a 95% mortgage, would be £3,400.

**** £74,000 buys 45% of a two-bed with a full market value of £185,000. Your minimum deposit on that share, assuming a 95% mortgage, would be £3,700.

11 June 2014