Redrow South Midlands, currently building at Bloxham Vale, on Bloxham Road, is offering advice and support to first-time buyers who want to escape the rental trap and step onto the property ladder in Banbury.
Andrew Newman, Head of Sales at Redrow South Midlands, said: “With the news that Skipton Building Society is now offering zero deposit mortgages* for people who have rented for at least 12 months, the options for first-time buyers without substantial savings have increased.
“One of the advantages of buying a brand-new property is that purchasers have help and support at every step, from the moment they choose their plot to opening their front door for the very first time. Along the journey, house buyers have access to our recommended solicitors and mortgage specialists, who can help to provide the best products available and who are experts in the Banbury property market.”
Skipton’s new five-year fixed rate Track Record Mortgage is open to first-time buyers aged 21 or over, who have been renting and paying bills for at least 12 consecutive months. The offer does not require a family member or friend to act as a guarantor and cannot be used to buy a new build apartment.
Those looking to take advantage of this offer can do so at Redrow South Midlands’ Bloxham Vale, which offers a collection of three and four-bedroom homes from the housebuilder’s Heritage Collection, with architecture inspired by the Arts and Crafts era and highly specified, modern interiors.
Available from £319,950, the three-bedroom Moreton has an expansive open-plan kitchen and dining area that spans the full width of the rear of the home and features patio doors opening out into the garden, ideal for socialising. A separate utility and cloakroom also offer the advantage of keeping muddy shoes and wet coats out of the way – perfect for families with small children or outdoor enthusiasts.
Downstairs, there’s a large, separate lounge, ideal to relax and unwind. Upstairs, the main bedroom features an ensuite, and the two further bedrooms allow extra space for a nursery, guest bedroom, or perhaps a home office.
Andrew added: “The Moreton is perfect for couples, professionals and growing families alike. Those who have been renting can move straight in with no need to undertake any costly renovations or maintenance work – leaving more money left over for those all-important takeaways when you’re still unpacking.
“Every home at Bloxham Vale boasts high specification kitchens and bathrooms with appliances included and buyers can choose from a host of options and extras via My Redrow, the exclusive members’ area of our website, to add those all-important finishing touches.”
Bloxham Vale is a picturesque development surrounded by open fields and charming rural villages. Situated just a few minutes’ drive from Banbury, and with direct trains to London in less than an hour, the superb location offers the benefits of a rural setting with excellent travel links. The development is also an ideal location for families, with a number of schools and GP surgeries close-by, as well as shopping and amenities in nearby Banbury.
Find out more about how we can help you get on the property ladder, book an appointment by visiting Redrow Midlands
*Terms and conditions apply, see Skipton Mortgages for more information.
