Mercian Way,Tamworth,Staffs,B77 4FL Map
This fabulous 3 bedroom home enjoys the privilege of being detached, granting you all of the privacy and room that you could wish for. Open plan living spaces make spending time together a joy, while additional rooms such as the utility room and connected garage take care of all those practical needs.
An executive home with an affordable price tag, The Worcester is the perfect home for today’s modern family.
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The 'Help to Buy Equity Loan' is available to first time buyers as well as existing homeowners and works in the following way:
Help to Buy Equity Loan
- Only available on new build homes.
- The Government will lend you up to 20% of the value of your new property through an equity loan which is interest free for 5 years
- This means that only a 75% mortgage will need to be secured from a bank or building society.
- In England, this scheme is available on house purchases up to the value of £600,000.
Whether you can picture your perfect home or keeping your options open – searching for a new home is an exciting time. Why not sign in or join My Redrow to book an appointment online, or speak with one of our friendly sales consultants to discuss your requirements today!
Help to Buy is a Government backed initiative in partnership with housebuilders. Help to Buy cannot be used in conjunction with any other scheme. It is highly advised, for a swift, smooth transaction that an IFA/Solicitor advised by Redrow Homes is used. Offer cannot be used in conjunction with any other Redrow offer. Help to Buy is only available within England. Subject to availability, on selected plots only
Mortgage CalculatorThere are many different kinds of mortgages. And many different kinds of mortgage provider. From traditional banks and building societies to the new generation specialist lenders. With so much choice available, you’d do well to ask a mortgage specialist. Which is where we come in.
We work with specially selected mortgage specialists who can help find the mortgage deal that’s best for you. And the best thing is, you hardly have to lift a finger. Just fill in your details below and let our mortgage calculator do the maths.
- Repayment mortgage:
- Interest only mortgage: (mortgage rates can go up as well as down)
In these days of low interest rates and a volatile stock market, Buy to Let can appear to be an attractive income investment especially over the medium term (5-10 years). Based on the predicted rental values, a yield of up to 5.5% is possible. Proving that an investment in a new Redrow home could provide you with a far better yield than savings sat in your bank.
Properties with instant appeal
We design all our properties so that the first question a tenant asks is 'When can I move in?'. Bright, spacious and well planned with open plan living areas and immaculately specified kitchens, bathrooms and bedrooms. They’ll love the energy bills too, thanks to the environmental efficiency of the property.
Location, location, location
The key to success in Buy To Let is having a desirable property in a desirable area. At Redrow we work hard to ensure all our developments are located in sought-after settings. Properties with real rental appeal, with proximity to shops and amenities, good transport links and good schools.
Timeless quality for an easy life
Whether you’re a landlord or a tenant, we all want an easy life. And with every Redrow homes being 100% new, there’s next to no maintenance required.
BUY TO LET CHECKLIST
Minimum deposit is typically 20% for a house, 30% for an apartment
No minimum income
Don’t have to be a home owner
Average formula = rental must be 125% mortgage payment