We’re offering support and help to first time buyers who want to escape the rental trap and step onto the property ladder at Poppy Fields, in the village of Bramley.
Among the homes at Poppy Fields is the two-bedroom Tavy, which is available under the First Homes scheme. Priced from £173,565, this mid-terrace design provides a lounge, kitchen and downstairs cloakroom, plus two double bedrooms and a family bathroom upstairs.
Subject to Rotherham Council’s First Homes criteria*, the property is available to first time buyers who currently live or have lived within the Rotherham Borough area within the last three years, or members of the armed services.
Under the First Homes scheme, new properties are discounted by at least 30% against the market value, to ensure they are affordable specifically for local first-time buyers. This discount continues in perpetuity if the property is sold on in the future.
Steve Jackson, sales director for Redrow Yorkshire, said: “The First Homes scheme is a great way for Rotherham’s first-time buyers to get a foothold on the property ladder in a brand new home. We have two homes available through the scheme, which are available for an autumn move.
“One of the added advantages of buying a new property is the money buyers could save on their energy bills. A recent report from the Home Builders Federation (HBF) revealed that living in a new build house could save homeowners more than £180 a month on their energy bills. The equates to an annual saving of £2,200 compared to someone living in an older property.
“New Redrow homes don’t require any costly renovations or maintenance work and boast high specification kitchens and bathrooms with appliances included.”
We are building a collection of two, three, four and five-bedroom homes at Poppy Fields, with other homes, outside of the First Homes scheme, priced from £269,950 for a three-bedroom Bakewell.
The options for first time buyers without substantial savings have increased recently, with Skipton Building Society now offering zero deposit mortgages** for people who have rented for at least 12 months in an 18-month period subject to other criteria.
For more info information see the website or or call 01709 264344. The development and show homes are open seven days a week, 10am to 5.30pm.
*For Rotherham Council’s First Home eligibility criteria visit www.rotherham.gov.uk. **Terms and conditions apply, see www.skipton.co.uk/mortgages/track-record-mortgage for more information.
