Elan Homes aims for first time buyers near Birmingham

October 16, 2024

First time buyers looking for a new home near Birmingham could find they’re able to move this year with help from Elan Homes. Its new homes in Tamworth are just a short walk from Wilnecote train station, meaning Birmingham New Street in around 25 minutes including walking to the station.

The location makes Dosthill Gate a popular choice for those who want easy access to the city centre but want to be able to relax somewhere quieter at the end of the day. A small number of homes are almost build complete and ideal for those looking to step onto the housing ladder. With Elan’s help, buyers could find they’re able to move before the end of the year.

Elan regional sales director Tracey Ball said: “Our new homes in Tamworth have attracted a good mix of purchasers including first time buyers who’ve moved from the Birmingham area. With latest figures from the Office of National Statistics pitching the average rent in the West Midlands at almost £900, it’s no surprise that many would-be homeowners are choosing to live with their parents while they save for a deposit. What they may not realise is that they may be able to buy a home of their own sooner than they anticipated.

“We have homes at Dosthill Gate that will soon be ready to move into. Plus, we’re offering tailored incentives to support those dreams of homeownership. We can provide a deposit boost to help buyers’ money go further. Or they could find they’re able to access lower interest rates for the initial mortgage term with Own New Rate Reducer. This in turn will mean lower monthly mortgage repayments, which could even be lower than the average rent in the West Midlands depending on the size of the deposit they put down and the loan to value of their mortgage. All of these options and more are explained on our website, where there’s also the option of discovering mortgage options with a handy mortgage checker calculator.

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