Help to Buy Wales means that house hunters can buy a new property at Redrow’s Heritage Park, off Mold Road, with just a 5% deposit. However, the property needs to under £300,000 and there are only a handful of qualifying homes now left at the venture.
Anita Williams, sales director for Redrow Homes (NW), said: “After only launching at the beginning of the year, Help to Buy Wales has proven to be a great success.
“The scheme is ideal for first-time buyers or home owners who haven’t had the chance to build up substantial equity in the property they’ve just sold, but they need to act fast if they want to take up the opportunity to use Help to Buy at Heritage Park.”
The four-bedroom ‘Cambridge’, with its open plan kitchen, dining and family room, is currently available under the scheme.
The home, on the market for £289,995, could be purchased with a 5% deposit of just £14,500 using Help to Buy. Purchasers would then cover the remaining costs with up to a 20% equity loan from the Welsh Government, interest free for five years, and a 75% mortgage from a lender of choice.
All the homes at Penymynydd hail from Redrow’s award-winning Heritage Collection and marry a traditional Arts and Crafts architectural design with contemporary, 21st century interiors.
Situated just over the Welsh border in a splendid countryside setting, yet still within easy reach of Chester and the extensive North West motorway network, residents at Heritage Park will enjoy the best of both worlds.
There is a small selection of local shops that serve the development, as well as a Tesco superstore at Broughton and Asda in Deeside for the weekly shop. Nearby Broughton Retail Park offers a fantastic selection of high street fashion and home furnishings stores.
Additionally, at just seven miles away, Chester offers an exceptional shopping experience complemented by a unique range of boutique independent shops and an unbeatable choice of cafes, bars and restaurants.
Wrexham is just 20 minutes’ drive away, Liverpool can be reached in 40 minutes and Manchester in just over an hour, so Heritage Park is also perfectly placed for commuters.
For more information visit the website at www.redrow.co.uk/heritagepark or call 01244 639964.
Currently celebrating its 40th year, Redrow Homes is one of the UK’s leading house builders, operating across England and Wales, with a strong emphasis on high quality family housing in prime locations. Its Heritage Collection of family homes combines traditional looking, ‘Arts & Crafts’ influenced exteriors with bright, modern, high specification interiors. The company has won numerous awards over the years, including four consecutive 5* awards in the Home Builder Federation (HBF) annual customer satisfaction survey in 2011, 2012, 2013 and 2014. Redrow also collected the Silver award in the Large Housebuilder category of the 2012 and 2013 What House? Awards; the award for best marketing initiative at the 2010, 2011 and 2012 Housebuilder Awards and its ‘My Redrow’ online tool won the overall Customer Engagement category at the 2013 Peer Awards for Excellence. Web: www.redrow.co.uk.