LoginSubscribe to Alerts

First-Time Buyer Couple’s Snap Decision At Nottinghamshire Development

Posted 6 February 2024 by Keith Osborne

A financial assistance scheme from Barratt Homes helped Sarah and Stephen to secure an ideal new home sooner than they had expected...

A Nottinghamshire couple defied their own expectations with an unexpected twist in their journey to homeownership at Barratt Homes’ Stonebridge Fields in Market Warsop.

Stephen Hinde (35) and Sarah Horne (34) initially planned to purchase a home by the summer of 2025, but transformed their criteria to buy a property much sooner than anticipated.

Their initial criteria, including a preference for an older home, a detached house, and hesitancy about settling in Market Warsop, took a complete 180-degree turn. Contrary to their original intentions, the couple opted for a new semi-detached property at the Stonebridge Fields development on Stonebridge Lane, and embraced the spontaneity of their homebuying journey.

Stephen said: “It was a complete surprise to get on the property ladder so soon, as my wife and I were renting a three-bedroom property just half-a-mile away and weren't ready to buy our first home yet. After exploring show homes at different developments for fun, when we looked around a show home at Stonebridge Fields, we fell in love with the properties by Barratt Homes.”

The couple's choice was significantly influenced by Barratt Homes’ ability to present them with the three-bedroom ‘Kingsville’ style home that aligned with their evolving preferences.

“The sales adviser at the development, Tom, listened to our needs and said he had the perfect house for us, which we assumed to be sales patter. How wrong we were! Tom literally had the perfect home for us.

“After taking a short drive to a nearby development to see the recommended house as a show home, despite telling Tom we wouldn't be doing this, we reserved as quickly as we could. Tom explained that while we thought buying right now was not possible, it could be possible, and put us in touch with one of Barratt Homes’ recommended mortgage advisers – this all resulted in a mortgage offer!”

Sarah, Mars and Stephen and Stonebridge FieldsThe financial aspect played a crucial role for the couple, as they had initially planned to put down at least 10% as a down payment but only had 5% saved at the time of visiting the Stonebridge Fields sales centre. Barratt Homes facilitated the couple’s homeownership dream with a deposit contribution offer – a lifeline that bridged the gap between their savings and the desired deposit. The financial package included a 5% deposit contribution from Barratt Homes, coupled with the couple’s savings, which comprised of a Lifetime ISA.

Stephen added: “Our rent payments were low considering what we had, so we were able to match our rental payments with a contribution to our Lifetime ISAs. Being able to pay rent and the same amount in savings meant we weren’t too scared when we looked at mortgage illustrations because we knew we could afford it.”

As for the benefits of their new house, the couple have expressed nothing but admiration for the conversion into a brand new home, despite their original plan.

Stephen said: “We love the fact that we’ve got a completely blank canvas to use when we start decorating – and in the meantime the whitewash walls are fine. We don’t have to live in a space decorated to the tastes of previous owners. Everything about the insulation is so much better than where we were before – even the windows. We also now have an en suite bathroom, which we love. We weren’t too far on foot from countryside and woodland before, but here we’re even closer. The internet set up is fantastic because it comes to one central point in the home and can be distributed to ports in other rooms, which is brilliant.”

The three-storey layout to the home has also proven to be very convenient for the homeowners. Stephen added: “Although we technically have a three-bedroom home, we have the option to create four bedrooms as there are two living rooms – one on the ground floor and one on the first floor. I work in home-based marketing role, and seeing that Barratt Homes consider homeworkers made us feel more attached to the company as a developer. The office space at the front of the property is perfect!”

As for Market Warsop itself, the couple are happy with their decision to remain in the area.

Stephen said: “Our neighbours are lovely. There’s a good mix of people from couples to families with children of different ages, and we’ve even spotted a few other dogs on the development too! Market Warsop itself is a friendly place, to the extent of it being unusual if someone doesn’t say hello in passing – not like other areas we’ve lived where everyone keeps their heads down.”

Find out more about Stonebridge Fields from Barratt Homes.

 

Find out more about current Barratt Homes developments in Nottinghamshire.

 

Find new homes in Nottinghamshire
Find new Shared Ownership homes in Nottinghamshire
Find retirement homes in Nottinghamshire

 

Featured Developments
Warsop, Nottinghamshire NG20
£224,995 - £389,995
Stonebridge Fields
Warsop, Nottinghamshire NG20
3 - 4 bedroom properties
Barratt Homes
Save time and contact all housebuilders at once
Select the developments you're interested in and we will do the rest.
  • Stonebridge Fields
By clicking "Request Details" I accept the Terms and Conditions and Privacy Policy and I am happy to receive more information about the above or other developments similar from WhatHouse? Digital or these developers. I understand that consent isn't a condition of purchase for any product or service and that I can opt out at any time.
The housebuilder will use these details to contact you about this property/development to arrange a viewing or provide you with more information.
23 April 2024
THE first phase of new affordable homes in Rhosrobin have been delivered under a deal between Castle Green Partnerships and North Wales Housing A...Read more
9 April 2024
Barratt London has launched its latest collection of homes in Harrow, named after trailblazing photographer Emma Barton. Read more
The ‘Corndon’ house type from Cavanna Homes
29 February 2024
Friday 1 and Saturday 2 March are the dates of an Open House event for a decorated new view home at Bellevue...Read more
Street scene at The Brambles (Harron Homes)
28 February 2024
There's a free-to-attend homebuyer event taking place at Harron Homes' The Brambles on Saturday 2 March...Read more
Bilsthorpe Chase (Harron Homes)
7 February 2024
Harron Homes hosts a free-to-attend buyer event at Bilsthorpe Chase on Saturday 10 February 2024...Read more
Siddhee and James at Lace Fields
1 February 2024
Two doctors have bought their first home together at William Davis Homes’ Lace Fields development in Ruddington…Read more
Sign up for email alertsGet the latest properties and updates sent directly to your inbox daily, weekly or immediately you are in control.
Subscribe to Alerts
Search news and advice

Click here to see your activities