Seddon Blog

Start the New Year with a new home in Runcorn thanks to Help to Buy

Posted on January 3rd, 2014

Starting 2014 with a new home could be far easier than you think thanks to the current fantastic mortgages available on the Government Help to Buy scheme.

The scheme helped thousands of buyers move in 2013 as it offers lower deposits and lower repayments than had previously been possible. In many instances the monthly cost of a mortgage has turned out to be cheaper than renting, making the decision to buy an easy one for many!

One such family are Nancy and Jonny and their little boy Tommy who moved from a 2 bedroom, rented property to a 3 bedroom, brand new Seddon home, whilst saving a staggering £100 a month in terms of mortgage versus rent alone, before taking into account a significant saving in energy bills.

The average age of first time buyers reached a frightening 32 in 2013. Thankfully the scheme has made it possible for people to move sooner thanks to the lower 5% deposit required and 95% mortgages available — Seddon Homes’ first time buyers Samantha and John bucked the trend and moved into their first home aged just 22 and 24.

When asked what piece of advice they would give to their friends John said “It would be to stop wasting your money on rent and buy using the Government Help to Buy scheme now.

“Get yourself on the property ladder as soon as possible and start investing in your future. We have the potential to have our mortgage paid off when we are in our 40s which makes our future feel so much more secure.”

If you are looking for a new home in Runcorn, Seddon Homes Mosaic should be the first place you look with homes available from just £338 a month. This price is based on the 2 bed Tarvin, a modern property that comes complete with its own parking space. Ideal for first time buyers, the house is well specified and includes a fitted kitchen open plan living area and good sized master bedroom.

If you are surprised to see just how affordable owning a family home at Mosaic could be, contact our sales advisor today, or come down and visit the development, open Thursday — Monday, 10am — 5pm.

Terms and conditions apply. Prices are quoted based on the Government backed Help to Buy initiative. Your home may be repossessed if you do not keep up repayments on your mortgage or any other loan secured on it. Ask for more details.

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