Swindon renters who have been unable to save for a large house deposit may now be able to buy thanks to zero or low-deposit mortgages and help from a local homebuilder.
Redrow Thames Valley, currently building at Badbury Park on Homington Avenue, is offering advice and support to first-time buyers who want to escape the rental trap and step onto the property ladder in Swindon.
Sarah Boyce, Sales Director for Redrow Thames Valley, said: “With the news that Skipton Building Society is now offering zero deposit mortgages* for people who have rented for at least 12 months, the options for first-time buyers without substantial savings have increased.
“One of the advantages of buying a brand-new property is that purchasers have help and support at every step, from the moment they choose their plot to opening their front door for the very first time. Along the journey, house buyers have access to our recommended solicitors and mortgage specialists, who can help to provide the best products available and who are experts in the Swindon property market.”
Skipton’s new five-year fixed rate Track Record Mortgage is open to first-time buyers aged 21 or over, who have been renting and paying bills for at least 12 consecutive months. The offer does not require a family member or friend to act as a guarantor and cannot be used to buy a new build apartment.
Those looking to take advantage of this offer can do so at Redrow Thames Valley’s Badbury Park which offers a collection of three and four-bedroom homes from the housebuilder’s award-winning Heritage Collection.
The three-bedroom Readymade Warwick is part of Redrow’s Heritage Collection, which has proven popular with first-time buyers looking for traditional, 1930s charm, combined with an interior that exudes contemporary style.
Downstairs, there is a large open-plan kitchen and dining area providing the perfect place to enjoy family life, with light fittings, floor throughout and window treatments also included. Overlooking a landscaped, west-facing garden, a separate lounge at the front of the house is a haven to relax.
Upstairs, the main bedroom is complete with an ensuite, and the two further bedrooms are perfect for a nursery, guest bedroom, or perhaps a home office.
Sarah Boyce, Sales Director at Redrow Thames Valley added: “The Readymade Warwick is perfect for couples, professionals and growing families alike. Those who have been renting can move straight in with no need to undertake any costly renovations or maintenance work – leaving more money left over for those all-important takeaways when you’re still unpacking.
“Every home at Badbury Park boasts high specification kitchens and bathrooms with appliances included and buyers can choose from a host of options and extras via My Redrow, the exclusive members’ area of our website, to add those all-important finishing touches.”
Situated on the edge of the picturesque Coate Water Country Park, yet within easy reach of both the M4 and Swindon town centre, Badbury Park is perfect for first-time buyers and growing families alike. This development has three and four-bedroom homes available, with prices starting from £350,000. With its own primary school, and just five minutes from a secondary school, the development is the perfect place to set up home.
To find out more about how Redrow can help you get on the property ladder, book an appointment by visiting: www.redrow.co.uk/developments/badbury-park-swindon-480220
*Terms and conditions apply, see www.skipton.co.uk/mortgages/track-record-mortgage for more information.
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