Redrow Part Exchange Scheme Helps Buyers Move Quickly

February 21 2011

After the birth of their daughter Grace, Steven and Alexis Ayling started thinking about moving to a larger house, but they weren’t sure the housing market was strong enough for them to sell their three-bedroom Saltcoats property and also find the perfect family home. However, with plenty of new homes for sale in Ayrshire, the search went on.

“We went to look at the Redrow show home at Whitehirst Grange in Kilwinning and thought it looked lovely,” says Steven, “but didn’t think that we would be able to sell our old home in the current climate. Linda, the sales consultant, explained about part-exchange and how it would help us move up the property ladder.”

The Ayling family

The Aylings in their new home at Redrow's Whitehirst Grange, bought with the company's Part Exchange scheme

By providing a guaranteed buyer for the existing home, Redrow Homes’ Part Exchange scheme takes a lot of stress out of moving house. There is no need to worry about prospective buyers dropping out due to a broken chain and, with no estate agent fees to pay, you’ll save a small fortune.

Steven adds: “Part-exchange couldn’t have been easier, it was absolutely brilliant. Everyone says that the most stressful things are getting married, having a baby and moving house. I’ve moved house before and it has been stressful, but this time it wasn’t at all.”

The Aylings now live in Kilwinning and have a lovely family home on Redrow’s Whitehirst Grange development. The couple opted for the ‘Roadford’ house style for its spacious rooms and family-friendly layout, from range of three- and four-bedroom homes available at the semi-rural Whitehirst Grange.

“Our home features Redrow’s newest specification interiors and you can tell how they’ve improved on the designs. They’re more modern and the family, kitchen and dining area is cracking!” says Steven.

Steven and Alexis are thrilled to be in their new home and relish the little touches that come with purchasing a new-build property. “The house we were in before was two years old when we moved in and, while no house is perfect, it’s the little things that make a difference, like the walls being white rather than magnolia,” explains Steven.

A new show home is open Thursday to Monday from 10am to 5.30pm at Whitehirst Grange. The part exchange scheme is available on selected homes at the development and, provided criteria are met, Redrow can usually make an offer within 48 hours.

by Maria Brett

Leave a Comment » | ayrshire, family homes, kilwinning, part exchange, redrow, saltcoats, show home | Tagged: , , , , , , | Permalink
Posted by mariabrett

First Time Buyer Plan launched by Stewart Milne Homes

January 21 2011

Stewart Milne Homes is helping first time buyers looking for a new home in Scotland with a new assistance scheme offering a 90% mortgage, mortgage protection insurance and a host of other benefits on homes at several of its popular property developments.

There is a deferred payment mortgage option where the buyer has 100% ownership while paying for a loan of just 80%-85% of the value of the home, the balance provided as an equity-share loan from the housebuilder. In addition, there’s also no Stamp Duty to pay on homes which cost less than £250,000.

Athena Grange from Stewart Milne Homes

Apartments at Athena Grange in Prestonpans are available with the new First Time Buyer Plan from Stewart Milne Homes

John Slater, managing director for Homes at Stewart Milne Group, explains: “Our original First Time Buyer Plan proved an outstanding success, and we remain committed to ensuring homeownership remains an affordable option. Our new plan is specifically designed to help customers secure a manageable mortgage and alleviate some of the costs of buying, and moving into, a first home. With monthly mortgage repayments of as little as £368, we are confident our new First Time Buyer product will prove equally effective.”

The package provides a number of benefits that will delight prospective first time buyers struggling to afford their own home:

  • A 90% mortgage is available
  • Mortgage protection insurance
  • Carpets, curtains and light fittings are included
  • A furniture package for the living room, master and guest bedrooms
  • A plasma TV and home cinema system
  • A fully fitted kitchen

Properties with two to four bedrooms are available on a number of Stewart Milne Homes development across the country to first time buyers under the new scheme, including:

New family homes in Aberdeenshire at Broadshade in Westhill, with three bedrooms, a walk-in wardrobe to the master bedroom and separate utility room downstairs for £246,995 (£231,996 with an 80%/20% deferred payment mortgage).

New houses in Ayrshire at Allandale in Saltcoats, for example, a two-bedroom mid-terrace for £132,000 (or £112,200 with the 85%/15% deferred payment mortgage) or a three-bedroom, semi-detached house with garage for £159,500 (£135,575 with the shared equity scheme).

New apartments in East Lothian at Athena Grange in Prestonpans, including two-bedroom style with en-suite facilities to the master bedroom and a balcony, which can be purchased with an 80%/20% shared equity arrangement for £122,400 (full price £153,000).

New homes in Lanarkshire at Morningside Gardens in Wishaw, including a two-bedroom property which has fitted wardrobes to both bedrooms and a separate study, costing £125,000 (£106,250 with an 85%/15% shared equity plan).

New houses in Midlothian at Hopefield View in Bonnyrigg, with a three-bedroom design at £184,000 and four-bedroom terrace at £202,500 (both property types are available with an 85%/15% deferred payment mortgage).

by Keith Osborne

Leave a Comment » | aberdeenshire, ayrshire, bonnyrigg, east lothian, first time buyers, lanarkshire, midlothian, prestonpans, saltcoats, shared equity, stewart milne homes, westhill, wishaw | Tagged: , , , , , , , , , , , , | Permalink
Posted by Keith Osborne

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