Why Wait To Buy With Help To Buy Available In Shropshire?

Freedom and stability are among the advantages available to those who swap renting for buying a brand new home in Shropshire

Amid reports of high employment, low interest rates and the availability of Help to Buy equity loans contributing to an increase in first time buyers, Redrow is encouraging so-called ‘generation rent’ to reconsider their housing options from both a financial and lifestyle perspective.
 
The housebuilder has welcomed many first time buyers to its developments in Shropshire, including Aston Fields in Shifnal and The Coppice in Leegomery. With the final phases available at both locations, those considering buying a home of their own should act fast to avoid disappointment.


 
Pauline Turnbull, sales director for Redrow Homes (Midlands), explained: “When people pitch buying against renting they tend to focus on the financial side of things. Homeownership is usually seen as the ‘winner’ as it’s considered an investment in the future, as opposed to covering someone else’s mortgage with ‘dead money’ and nothing to show for what you’ve paid. The reality is that it’s also a lifestyle choice.
 
“The benefits buyers can look forward to include the security and stability of knowing that it’s their own home – they won’t have to worry about the landlord selling up and forcing them to move out.

“Plus, they’ll be able to enjoy the freedom of being able to choose the décor without having to seek permission first. And because everything’s brand new, they’ll be able to relax knowing that their new home is both easy to manage and efficient to run.”
 
Aston Fields and The Coppice both feature three-bedroom semi-detached properties, with prices from £189,995 at The Coppice and from £224,995 at Aston Fields.
 
The Letchworth, available at both locations, is an ideal starter home with a spacious lounge to the front, open plan kitchen and dining room to the rear with patio doors onto the garden, plus a convenient cloakroom.
 
Upstairs, the master bedroom benefits from an en-suite, leaving the main bathroom to serve the remaining two bedrooms.
 
Help to Buy equity loans are available at Aston Fields and The Coppice and could reduce the initial price, lowering both the size of deposit and mortgage required to secure a brand new home.
 
“Help to Buy is exclusive to new build homes and could make a significant difference to customers’ ability to buy,” Pauline added. “The equity loan is interest free for five years and, coupled with the lower deposit and mortgage, could mean that they’re in a position to purchase sooner than they expected or perhaps are able to buy a home they can grow into rather than out of.”
 
Shifnal and Leegomery are established residential areas, each with their own individual appeal and proximity to local shops and services, whilst also being close to the wider amenities of nearby Telford.
 
To find out more about Aston Fields call 01952 709377 or see www.redrow.co.uk/aston.
 
For The Coppice, call 01952 701732 or go to www.redrow.co.uk/coppice.
 
Three-bedroom Redrow homes like the Letchworth, available at The Coppice and Aston Fields, are ideal for first time buyers.

Publish date: 13/10/2017