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Help to break the rental cycle in Oxfordshire

14th June 2023
Redrow - News - Help to break the rental cycle in Oxfordshire

Renters across Oxfordshire who have been unable to save for a large house deposit may now be able to buy thanks to zero or low-deposit mortgages and help

Redrow Thames Valley, currently building at Sanderson Park, in Bicester, and The Steeples, in Headington, is offering advice and support to first-time buyers who want to escape the rental trap and step onto the property ladder in Oxfordshire.

Sarah Boyce, Sales Director for Redrow Thames Valley, 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 Oxfordshire 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 Sanderson Park and The Steeples, which offer a collection of three and four-bedroom homes from the our award-winning Heritage Collection.

The three-bedroom Warwick is part of the Heritage Collection, which has proven popular with first-time buyers looking for traditional, 1930s charm in Cotswold stone, combined with an interior that exudes contemporary style.

Downstairs, there is a large open-plan kitchen and dining area, with flooring throughout, providing the perfect place to enjoy family life. Overlooking a landscaped garden, a separate lounge at the front of the house is a haven to relax.

Upstairs, the main bedroom has a bespoke fitted wardrobe and an ensuite with half height tiling for a modern aesthetic, and the two further bedrooms are perfect for a nursery, guest bedroom, or perhaps a home office. The Warwick is now available from £395,000, including over £9,000 worth of additional features.

Now available from £750,000, the three-bedroom, detached Magdalen has serious kerb appeal, and features an expansive open-plan kitchen and dining area, complete with patio doors opening out into the garden, ideal for socialising. There’s also a large, separate lounge, the ideal space to relax and unwind. A 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.

Upstairs, the main bedroom has the added luxury of a balcony and a walk-in wardrobe, as well a generous en-suite. The second and third bedrooms continue The Magdalen’s theme of indulgence, with both bedrooms benefiting from their own en-suites – perfect for guests, growing children, or an ideal home-office that is both practical and productive in its design.

Sarah Boyce, Sales Director at Redrow Thames Valley, added: “The Warwick and The Magdalen are 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 we build 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.”

Redrow Thames Valley is currently building at four developments in Oxfordshire, including The Steeples and Sanderson Park, offering three and four-bedroom homes.

Find out more information about Redrow developments across Oxfordshire or call 01235 313 443

Media Contacts
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WPR, 30 - 40, Calthorpe Rd, Birmingham B15 1TS
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