The award-winning home builder’s ‘easi:buy’ scheme enables purchasers to defer paying up to 15% of the price of selected properties at Rossendale Gardens in Earl Shilton.
Pauline Turnbull, sales director for Redrow Homes (Midlands), commented: “Designed to make homeownership more affordable, ‘easi:buy’ is the ideal way for first time buyers and others who may be struggling to find a mortgage to buy a brand new home. It’s been a great success at Rossendale Gardens, where seven customers have already taken advantage of the valuable incentive.
“With ‘easi:buy’ purchasers should only require a relatively small deposit and could have access to some of the more favourable interest rates normally reserved for those with large deposits or substantial equity in an existing home.”
The ‘easi:buy’ incentive is available on selected properties at Rossendale Gardens, including the two-bedroom ‘Dale’. With ‘easi:buy’ customers with a deposit of £6,000 will only need to apply for a mortgage of £95,996 to purchase one of these homes, on the market at £119,995.
The outstanding balance can be repaid at any time over the 10 years when the purchaser has more funds available or when they come to resell.
The ‘easi:buy’ payment is subject to terms and conditions. Interest free for 10 years, the deferred element is paid back at market value at the time of payment.
All new Redrow homes boast fashionable kitchens with the convenience of integrated top brand name appliances, plus tall units and extra wide drawers that offer plenty of storage; while bathrooms are sleek and modern with quality fixtures and fittings.
“Savvy buyers understand that while a second hand property may come with a smaller price tag, they often come with hidden costs such as repairs and maintenance. We’ve calculated that it could cost up to £30,000 to bring an older three-bedroom property up to the same standard of one of our new homes,” Pauline explained.
“Well insulated, with double glazing and central heating as standard, properties at Rossendale Gardens are also potentially cheaper to run than their second hand counterparts.”
Close to Earl Shilton town centre, Rossendale Gardens enjoys easy access to Leicester, Hinckley and Nuneaton.
To experience all that a brand new Redrow home has to offer, visit the show home and sales office at Rossendale Gardens, open Thursday to Monday from 10am to 5.30pm. Alternatively, call 01455 840 832 or log onto www.redrow.co.uk.
To help customers understand how ‘easi:buy’ works, Redrow has produced an easy to follow video guide to the scheme. It can be viewed at the award-winning online television channel Redrow.TV: http://tv.redrow.co.uk/help-to-buy/midlands/easi-buy.