Blog

Seddon Blog

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

Posted on January 3rd, 2014

Buying a new home is getting easier thanks to the Governments Help to Buy scheme. Make 2014 a special year by purchasing a brand new Seddon home. It could be easier than you think thanks to the current competitive mortgages available on the Government scheme.

The Help to Buy scheme has helped thousands of buyers to move into new homes in 2013 because it offers lower deposits and lower repayments which had previously been impossible. The monthly cost of a mortgage has, in many cases, turned out to be cheaper than renting which makes the decision to buy a cost effective choice.

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.

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. The average age of first time buyers had reached a frightening 32 in 2013.

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 Rochdale, Seddon Homes Bridgefold should be the first place you look with homes available from just £394 a month. This price is based on the 2 bed Ashworth, a home that comes complete with its own parking space. The Ashworth has a light, stylish and generous specification to be expected from contemporary new homes. The kitchen is fully fitted and the master bedroom has an ensuite. The Bridgefold development itself has close proximity to town centre amenities.

You may be surprised to see just how affordable owning a family home at Bridgefold could be so call our sales team 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.

Blog page
back to top