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Taking the first step on the property ladder is cheaper than you thinkFinance, Mortgages August 28, 2014 - 1:08 pm No Comment
We all know how notoriously difficult it is to take that plunge and get onto the first rung of the property ladder, and with house prices back on the rise, more young adults than ever are opting to stay in their parental home whilst saving. However, even amidst rising house prices, first time buyers struggling to get on the property ladder can now buy a new two-bedroom home in Hartlepool with a mortgage which will cost them just £230 a month; making it the perfect first step on the property ladder.
National house builder Keepmoat is offering customers with a salary of at least £14,000 a chance to own a £79,995 home at its development at Alexandra Square in the town centre of Hartlepool. The homes, which are available under the government’s Help to Buy scheme, can be purchased through a 35-year mortgage product, perfect for customers on modest incomes.
The exceptional value of the homes available at Alexandra Square mean local people can now aspire to buying their own home, with potential monthly mortgage repayments as low as £230. Even with the falls we have seen in property prices in recent years getting on the housing ladder can be difficult for those who do not have substantial incomes. Combined with Help to Buy it makes purchasing a new home an increasingly attractive proposition for first and second time buyers. And with a choice of homes on offer at Alexandra Square there’s something for everyone, whether families or young professionals.
Alexandra Square is a development of 83 two and three-bedroom homes located within 10 minutes’ walk of Hartlepool Marina with its boats, watersports, attractions and mix of bars, cafes, shops and restaurants. The development is also in a good catchment area for schools and transportation links. The new homes offer great access to nearby Hartlepool town centre as well as Durham, Sunderland and Middlesbrough.
Alexandra Square is part of a £9 million regeneration scheme, which is a key to the North Central Hartlepool Masterplan, and is being funded jointly by Keepmoat, Hartlepool Council and the Homes and Communities Agency (HCA). For more information or to reserve your dream home, please visit check out Keepmoat’s website.
Copyright free image courtesy of pallspera
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