The launch of Manor Fields in Thornhill Road coincided with the introduction of Help to Buy. The Government-backed scheme aims to cut the cost of homeownership by offering buyers an equity loan for up to 20% of the purchase price.
It means customers could find that they’re money goes further and that they’re able to afford a home that gives their family room to grow.
Patsy Aicken, sales director for Redrow Homes (Yorkshire), explains: “We’ve had a great response to the launch of Manor Fields. People love the combination of traditional exteriors and modern interiors. They’re particularly fond of the open plan layouts and simply can’t believe how much we include as standard. But while they aspire to own a brand new home some may think they won’t be able to afford to move here. Visitors to our sales office have been pleasantly surprised to learn that Help to Buy is available and could enable them to buy their ideal home even if they don’t have hefty savings or substantial equity in the property they’re moving from.”
Current availability at Manor Fields includes three and four-bedroom homes from the sought-after New Heritage Collection. Prices start from £210,950 or an initial outlay of £168,760 with Help to Buy.
The Help to Buy price is made up of a 5% deposit from the customer of £10,548 and a mortgage of £158,212, which amounts to 75% of the property’s full value. The remaining share is covered by an equity loan, which is interest free for five years and can be repaid when the customer has more funds available or when they resell.
Despite the lower price, Help to Buy customers enjoy all the benefits of those who purchase a new Redrow home at full market value. They’ll still own a home that boasts Redrow’s high specification as standard, including a beautiful kitchen that’s well equipped with integrated top brand name appliances, plus bathrooms and en-suites with quality fixtures and fittings and an exclusive tile range.
To discover more about the benefits of buying a new home at Manor Fields with Help to Buy visit the sales office, open Thursday to Monday from 10am to 5.30pm.
For details of the latest availability and pricing see www.redrow.co.uk/manor or call 01535 957275.
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 New Heritage Collection of family homes combines traditional looking, ‘Arts & Crafts’ influenced exteriors with bright, modern, high specification interiors. Established more than 35 years, the company has won numerous awards over the years. Redrow received a 5* Award in the Home Builder Federation (HBF) annual customer satisfaction survey in 2011, 2012 and 2013; collected the Silver award in the Large Housebuilder category of the 2012 What House? awards; and its ‘Share a little bit of joy’ campaign was named best marketing initiative at the 2012 Housebuilder Awards. Web: www.redrow.co.uk.