Banish the housing blues with a brand new Redrow home

Wed, May 28th 2008, 12:15

Contrary to media headlines, now could be the best time to buy a brand new home - with interest rates falling, UK employment at record high levels and the housing market still strongly under-pinned by supply and demand economics.               

That’s the view of Gail Robinson, director of Glasgow-based financial advisers, Lifetime Planning, who are available to provide mortgage advice to customers at Redrow’s new developments in Glasgow and Edinburgh.

Gail adds: “The perception currently for many people is that they won’t be able to get a mortgage so they shouldn’t bother trying, but this is not necessarily the case. Yes, it may be a little more difficult than previously but there are mortgage lenders who want to lend and we can help people find the product that’s right for them.

New homes like those at Route 1 West in Glasgow and Optima in Edinburgh, have the edge over their older second hand counterparts in the current climate, not least because of the flexible choice of incentives that Redrow has to offer.

Diana Newton, sales director for Redrow Homes (Scotland), said: “The lack of 100% mortgage products gives us an advantage over most private sellers, as we may be able to pay a customer’s 5% deposit.

“It’s just one of the offerings in our ‘re:assure’ package of help, advice and incentives, which are designed to make buying a new home as easy as possible for all of our customers – from the moment of first enquiry right through to after they’ve moved in.

“Other options include helping with people’s mortgage repayments for up to two years, covering other moving costs like stamp duty and legal fees, or, for those with an existing home to sell, an assisted move scheme or even part-exchange.”

Situated in Anniesland, close to Glasgow’s fashionable West End, Redrow’s Route 1 West development comprises of stylish two-bedroom apartments priced from just £178,000 and three and four-bedroom townhouses from £275,000-£299,995.

With an open-plan kitchen and dining area, main bathroom and en-suite facilities to one of the bedrooms these properties are well suited to two friends buying together, as well as couples or people buying alone.

The chic Optima development boasts a choice of stylish and spacious two-bedroom priced from just £158,000. Located within easy reach of Edinburgh’s bustling city centre, the properties feature an open plan living/dining area and a fitted kitchen, complete with a stainless steel oven, hob and cooker hood, while selected bedrooms have fitted wardrobes. The apartment buildings feature video entry security systems and there is access to landscaped gardens, plus a parking space for each apartment.

For further information about Route 1 West call 0845 676 0517 or visit www.redrow.co.uk/developments/view/84.  For information about Optima call 0131 315 0307 or log onto www.redrow.co.uk/developments/view/82