SIGNIFICANT demand for first-time buyer properties at Barratt Yorkshire West’s Innovations development in Handsworth means competition is hotting up for the last nine places, say the builders.
Already 90 per cent of the spectacular homes have been snapped up since the development’s launch, with five of those since the New Year, and now the sales team is urging prospective buyers to visit the development soon.
The final homes are two-bedroom apartments, aimed at first-time buyers in Sheffield. List prices start at £99,995 and that could be cut to £79,996 through Barratt’s FirstBuy scheme, with a deposit as low as £4,999.
FirstBuy has been designed to give first-time buyers a route to home ownership at the lowest possible cost and with the lowest possible deposit. Buyers will be offered a loan of up to 20 per cent of the price of the property, jointly funded by Barratt Yorkshire West and the Government’s Homes and Communities Agency (HCA).
Barratt also has a selection of properties available under the Government’s NewBuy scheme. NewBuy heralds the return of 95 per cent mortgages, making the move on to the property ladder a lot more affordable.
This latest Government-supported scheme allows purchasers to buy a new-build home in England with a 95 per cent mortgage. The scheme is open to anyone who has a five per cent deposit.
Batrratt’s say Innovations benefits from a great location and offers superb transport links to Sheffield, Barnsley and Rotherham.
Sales Advisor Sue Abbot said: “Innovations is already proving to be a hugely popular development, thanks to its great location and high quality homes. The added benefit of our tailor-made deals makes this development even more attractive to first-time buyers in the Sheffield area.
“We hope that buyers come along to our special event and see Innovations as their opportunity to stop dreaming and start moving.”
For more information on Innovations, call Central Sales on 0844 8115588, open daily from 10.30am to 5.30pm, or visit www.barratthomes.co.uk