Posted: 20 November 2012 by Higgins Homes
Owning a stylish new home in Chadwell Heath is now even easier thanks to 95% mortgages through the NewBuy initiative. The valuable help is available on all new homes at The Grove which features a choice of two and three bedroom homes from Higgins Homes.
It means buyers should only need a relatively small deposit of around 5% of the purchase price to get on the housing ladder or move up to somewhere larger. With a high specification as standard, no repairs or renovations needed and no waiting for the previous owner to move out, new build homes are generally streets ahead of what's available on the second hand market. And with the offer of 95% mortgages through NewBuy, owning a stylish new home is now even easier.
At a time when most lenders require deposits of around 20% of the purchase price, Newbuy is the ideal solution for those who have sufficient income to make monthly mortgage payments on the amount they wish to borrow; they just don't have the cash available to put down a large sum up front.
With current prices for a three bedroom starting from £292,500, a deposit of £14,625 could be enough to secure one of the 3 remaining homes at The Grove. Influenced by the local architecture, the homes look traditional from the outside but are designed for ease of living and are full of family-friendly and ecologically features inside. The separate kitchens are well equipped with integrated appliances including oven, hob, fridge/freezer and washer/dryer so customers won't have to worry about buying essential white goods. Flooring is fitted throughout the house whilst the family bathroom and downstairs cloakroom enjoy quality contemporary fixtures and fittings.
With double glazing and central heating included as standard, the homes are easy to manage and efficient to run so home owners should save money on their fuel bills. Located in Chadwell Heath, The Grove enjoys easy access to a wealth of local amenities in the High Road with shops and schools all close by. Romford & Ilford town centres both offer larger shopping centres, cinemas, theatres and comprehensive leisure facilities within 3 miles. Chadwell Heath enjoys good road links to the A12, M25 and M11, with Romford & Ilford town centres both being only about 10 minutes' drive away. The nearby train station offers journey times to London Liverpool Street in around 25 minutes whilst London City Airport is 40 minutes by public transport.
Looking to buy a new home in the South of England? Please view our exciting new developments.