50% sold at Colliers Green
COLLIERS Green sales have
hit a major milestone with 50% of our affordable homes snapped up
by first-time buyers and other people who can't afford open-market
That leaves just 10 unsold homes with prices that start from as
little as £61,650* for a three-bed Cowley - just like our new
feature-packed showhome. That's enough to buy a typical 45% share
and, with a minimum deposit of just £3,083, it's not surprising
that so many people are saying YES to our part-buy, part-rent deal,
also known as shared ownership.
It's one of TWO low-cost ways for you to get onto the property
ladder here at New Arley in leafy north Warwickshire − the
other choice is equity loan**. "Both options
are making the dream of home ownership a reality here at Colliers
Green - and at a price that ordinary people can afford," says
Bromford Homes Head of Sales Alan Bradley.
His advice to other potential buyers? "Be quick or you could
miss out on your pick of the remaining plots," he replies.
And to make it even easier for local homehunters, we've extended
our showhome (pictured above) opening hours so that you can visit
between 10am and 5pm every day from Thursday to Monday.
"With Bromford, you get the right home in the right place and at
the right price - less than half what it would cost you to buy
something similar on the open market and less than it would cost to
rent from a private landlord," says Alan.
"It's a truly great deal − but don't just take my word for
it, of course. Please come and visit our new three-bed showhouse
and see for yourself why we say you can't buy better than a
You can find out more about Colliers Green, shared
ownership and equity loan by calling us on
0845 60 10 878. You can also register for updates or follow us
on Twitter and Facebook.
* With shared ownership, £61,650 would buy a typical 45% share
of a three-bed house with a full market value of £137,000. A
minimum deposit of £3,083 assumes a 95% mortgage on that minimum
** Equity loan allows you to buy your new home for just 80%
of its purchase price − around £119,600* for a three-bed Bourne
with a full market value of £149,500. You simply pay 5%
deposit − or £5,980 in this example − plus the monthly
mortgage payments on what you borrow, with no interest on the other
20% for up to five years and no rent either.
06 June 2014