Move Into A Brand New Home
In Kerseley For Just £377 Per Month
09 Mar 12
Anyone thinking of getting onto the property ladder, but who isn’t sure if they can afford to do so are being urged to consider a new Barratt home at the Zest development in Keresley which could cost them just under £377 per month.
Barratt Homes is currently selling two-bedroom apartments at Zest with affordable price tags, which means that first-time buyers could find that they are now able to get a foot onto the property ladder without breaking the bank.
For example, Zest has a two-bedroom apartments priced at only £110,000 that are also available with the help of the popular shared equity scheme FirstBuy, which means eligible buyers could move in for just under £377 per month.
Steve Barton, Sales Manager for Barratt Mercia commented, “Zest is a fantastic development offering two-bedroom apartments which are ideal for first-time buyers.
“The prices for the two-bedroom apartments are very affordable and for a limited time we are also able to offer FirstBuy where purchasers could move in for just 80 per cent of the price.”
With FirstBuy, buyers will be offered a loan of up to 20 per cent of the price of the property jointly funded by Barratt Mercia and the Government’s Homes and Communities Agency (HCA).
The buyers then have to find the remaining 80 per cent of the price themselves. Up to 76 per cent of this could be a mortgage, leaving a deposit of just four per cent.
Steve added, “With FirstBuy, buyers could move into a two-bedroom apartment with a deposit of just £4,400 and a mortgage of only £83,600.
“With a Nationwide Building Society mortgage loan of 30 years the monthly mortgage repayment on a two-bedroom apartment is just under £377 per month with the two years fixed rate of 3.59 per cent. After two years the monthly mortgage will change to the standard variable rate of 3.99 per cent.
“This is a fantastic opportunity to make the dream of home ownership a reality without breaking the bank, so why not come along to one of our sales offices today to find out more.”
Zest, located on Exhall Road in Keresley, offers a range of two-bedroom apartments priced from £110,000 and three- and four-bedroom houses priced from £190,000. For more information please call the sales office on 02476 335 831 open Thursday to Monday from 10am to 5pm.
For more information please call the sales hotline on 0844 811 9988 open seven days a week from 8am to 9pm or log on to www.barratthomes.co.uk
Barratt Homes was recently named Housebuilder of the Year at the prestigious Housebuilder Awards 2011 and Barratt Mercia has been confirmed as meriting the maximum five star official rating from the Home Builders Federation (HBF) for the second year in a row. The news was announced after more than 20,000 new home buyers across the country took part in this year’s HBF customer satisfaction survey.
