Put off paying 25% of teh cost of your new home - and enjoy an added bonus

Mon, Aug 11th 2008, 15:00

Redrow Homes has found a way to make its ‘easi-buy’ deferred payment scheme stand out from the crowd – home owners can save themselves thousands of pounds if they pay off the outstanding balance early.

Hazel Grove customers of the award winning housebuilder who use easi-buy will own 100% of their new home from day one, but can defer up to 25% of the purchase price for 10 years.

And for those who find themselves able to repay the outstanding balance within the first three years there are substantial cash savings to be made on a sliding scale.

At Redrow’s Copper Court development in Hazel Grove, Stockport, for example, easi-buy is available on a stylish Avon two-bedroom apartment. Its full purchase price is £139,950 but currently it can be bought for an initial outlay of just 75%, for £104,965. And a customer who is able to redeem the 25% deferred payment in the first year will save a massive £14,000.

Elaine Mounsey, area sales manager for Redrow Homes says: “Easi-buy is a great option for first time buyers looking to get onto the property ladder and maybe even those who are trading up but want to gradually step up their commitments. They will own 100% of the property straight away but will be able to defer 25% of the total cost to a time when they have more funds available.

“For those whose financial circumstances change for the better more quickly than expected – perhaps because of a job promotion, windfall, inheritance or becoming one half of a couple – the option of repaying the deferred element early and pocketing a substantial saving is a real bonus. This really sets Redrow’s easi-buy incentive apart from other deferred payment schemes.”
Redrow ‘easi-buy’ is the latest in a number of incentives offered under the umbrella of ‘re:assure’, all of them designed to make moving as easy as possible from the moment of first enquiry right through until after the customer has moved in.

Elaine adds: “We take a flexible approach to helping our customers and work with them and a network of financial advisers, estate agents and other property professionals in a bid to find the most appropriate solution to their housing needs. We don’t believe in a ‘one size fits all’ approach. Easi-buy is one option but we have others, including mortgage subsidies, part exchange and helping with a deposit, stamp duty, legal fees and / or other moving costs.”

Cooper Court is perfect for those who like the contemporary feel of urban living but with a beautiful countryside backdrop. Hazel Grove has a wide range of reliable high street names, pubs and restaurants, just moments away, along with great commuting connections to the region’s motorways and trains to Manchester city centre taking just half-an-hour. Two-bedroom apartments at Cooper Court start from £139,950 up to £171,000.

For more details of Cooper Court and easi-buy call 0845 676 0372 or log on to www.redrow.co.uk/developments/view/10.