Owning a Redrow home in North Wales just got a whole lot easier with the news that a 5% deposit may be all that’s needed to secure a traditional, quality built new home.
Anita Williams, sales director for Redrow Homes (NW), said: “This fantastic offer will help people who want to take their first step onto the property ladder as well as those who already own a home but are looking to ‘trade up’.
“In our experience, mortgage availability – or the lack of it – and pressure to find a high deposit has been the biggest hindrance to people who want to buy a home in Wales.
“This offer is a huge boost for Welsh purchasers, especially since the Government-backed 95% mortgage scheme NewBuy is only available in England. So it’s now a great time to talk to us about making that longed-for move to a Redrow home at one of our two stunning Flintshire developments.”
Principality Building Society will provide a 95% mortgage* for buyers who meet their qualifying criteria; the lenders will be protected by a mortgage indemnity guarantee (MIG), with the fee funded by Redrow.
“We’ll be working with the lender and can refer customers to our mortgage specialists for financial advice. We’ll be making the process as simple, swift and straight-forward as possible,” Anita added.
Redrow has two charming developments in Flintshire – Heathlands, in Buckley, and Heritage Park, in Penymynydd, where home buyers can use the scheme to purchase a property from Redrow’s award-winning New Heritage Collection.
Heathlands enjoys a semi-rural location with the picturesque North Wales countryside just minutes away and a nature reserve next door. It was recently placed as number one in a list of Britain’s best new builds for first timers in the Daily Telegraph.
Nearby Heritage Park is just seven miles from Chester, close to the glorious North Wales countryside, and enjoys easy access to the A55.
Both developments are close to a range of shops, including the nearby Broughton Retail Park, schools and a range of sports and recreation facilities locally, making them both perfect for families.
Homes boast bright, modern interiors with convivial open plan spaces and high quality fixtures and fittings. Kitchens are both practical and stylish and are well-equipped with integrated top brand name appliances including oven, microwave and fridge freezer, plus tall cabinets and extra wide drawers that offer plenty of storage.
Prices start from £184,995 for a three-bedroom home at Heathlands and from £194,995 for a three-bedroom home at Heritage Park.
For more information call 01244 630506 (Heathlands) or 01244 630909 (Heritage Park) or go online at www.redrow.co.uk/helping-you-move/95-mortgages-in-wales
*95% Mortgage is only available with Principality Building Society. Terms and conditions apply.