Couple Swap Renting for a Home of Their Own in Shrewsbury with Help to Buy
Sarah was so enamoured by the characterful design of the Arts & Crafts inspired Heritage Collection properties that she phoned to pay a deposit before Steve had even seen the homes.
Thankfully, Steve agreed that the properties at Lime Tree Meadows in Shrewsbury ticked all of the boxes on their wish list and with the aid of Help to Buy they moved into their new home earlier this year.
“We’d been renting a flat in Shrewsbury for about three years and were looking for a bigger place to rent initially, but the prices were really high. We thought if we were going to spend all that money living in a property it might be time to actually own it ourselves rather than lose the money by paying it to someone else,” Sarah recalls.
“We had no intention of buying a new-build. We wanted an older property with character, so it’s rather fitting that we love this place now precisely because it has character.”
Prior to seeing Redrow’s homes they’d even put an offer on an older property, but are now quite pleased that didn’t work out.
“The price range we were looking at meant it was really difficult as there were lots of other people interested in the properties we viewed and they were getting snapped up,” Sarah explains.
“My dad mentioned new-build and I didn’t even want to look but I went onto Redrow’s website and saw that the nearest show homes were in Shifnal. Within about an hour I had driven to see them and while I was there I rang Lime Tree Meadows, in Shrewsbury, to put a deposit down without even speaking to Steve because I loved what I had seen.”
Steve adds: “Redrow’s homes have more character than other new-builds we had seen. The rooms are bigger and the ceilings are higher. They ticked all of the boxes of the things we’d seen in older properties. As soon as we locked eyes on them we couldn’t believe it. We didn’t realise that a house like this would be within our budget or that we could use Help to Buy. It made a massive difference and we wouldn’t have been able to afford a house like this without it.”
Help to Buy enabled them to purchase a three-bedroom semi-detached Ludlow style with a 5% deposit and 75% mortgage. The remaining 20% is covered by an equity loan from the Government, interest free for five years.
Their new home features an open plan kitchen/ dining room to the rear, with a separate lounge to the front. The family bathroom is complemented by en-suite to master bedroom, plus downstairs cloakroom.
“In many houses the third bedroom is traditionally a box room, but this one isn’t,” Sarah, a 29-year-old head teacher, says. “There are lots of other little touches that make this significantly better than anything else we’d seen as the finish is a really high quality.”
One of the advantages of owning their own home is that it gives them greater freedom to choose the décor.
“We have made it our own with the choices that were available from Redrow and that’s something we wouldn’t have been able to do in an older property,” Steve, 32, who works in furniture sales, says.
“The whole experience has been amazing and Redrow have been top drawer at every stage. We can’t speak highly enough about Redrow and have been recommending that friends buy too.”
Current availability at Lime Tree Meadows includes three, four and five-bedroom detached homes, priced from £324,995, with more three-bedroom semi-detached designs like Sarah and Steve’s coming soon.
Show homes at the development on Ellesmere Road are open daily from 10am to 5.30pm. For more information see www.redrow.co.uk/lime or call 01743404315.
Redrow was established in 1974. Today, it is one of the most successful and acclaimed property developers in the UK, building around 5,000 premium quality family homes a year in prime locations across England and Wales. Over Redrow’s history spanning more than 40 years, it has earned a unique reputation for quality and building beautiful homes, which people love to live in. To help achieve this it also focusses on two other key areas: valuing people and creating outstanding locations. Implementing its strategy whilst engaging with colleagues and stakeholders helps Redrow deliver significant value to investors and the wider community. Redrow is listed on the London Stock Exchange and is a constituent of the FTSE 250 index. For the year ended 30th June 2016, the Group reported record revenues of £1.38 billion. Redrow has been awarded the ‘Best Large Housebuilder’ title twice in the last three years at the What House? Awards. This year, Redrow was named as a UK Top 100 Apprenticeship Employer for the fourth consecutive year. Visit redrow.co.uk for more details.