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Shared Ownership Open Day In Redditch This Weekend

Posted 26 November 2021 by Keith Osborne

Bromford hosts a house-hunter event at Mount Gate in Redditch on Saturday 27 November, from 10.00am...

Housing provider Bromford is hosting a Shared Ownership open day this weekend at its Mount Gate development in Redditch.

Mount Gate, located on Ipsley Street, is a collection of two-bedroom apartments perfect for young professionals and first-time buyers looking to secure their first home.

Interested customers looking for a new place to call home for the new year can book an appointment to attend the open day on Saturday 27 November, from 10.00am to 3.00pm. While there, they can take a tour of Mount Gate and the available apartments, and find out more about purchasing with Shared Ownership.

The two-bedroom ‘Townsend’ apartment will be open for visitors to tour and is available to purchase with Shared Ownership at £58,000 for a 40% share, with £199.32 rent per calendar month (terms and conditions apply). Share prices and purchases can range between 25% to 75% with staircasing opportunities available to gradually increase your owned share until full ownership.

This apartment features an open-plan kitchen/living/dining space that is perfect for entertaining, befitting from a fully fitted kitchen, integrated appliances and extractor hood. The home is completed with two double bedrooms (the second could easily be converted into a home office), a bathroom and two handy storage cupboards. The ‘Townsend’ has been carefully designed with energy-efficient heating, thoughtfully positioned plug sockets, telephone and satellite connection points. The natural décor makes it easy for homeowners to add their own personal touches, allowing them to create a space perfectly suited to them.

Catherine Jarrett, director of sales and marketing at Bromford, said: “We can’t wait to welcome those with appointments to Mount Gate on Saturday, and give them a guided tour of the wonderful apartments that we have available to purchase. Our lovely sales team will guide property seekers through the Shared Ownership process, and answer any questions they may have to ensure confidence when buying.

“We’d encourage any local house-hunters who are interested to book an appointment without delay, as we only have a limited number of appointments available and we don’t anticipate that spaces will remain open for very long.”

Designed and built to meet the needs of local people, priority will be given to applicants who have a connection to Redditch Borough. If you have been a resident, or employed within, the area for a number of years or have family who have lived in the area for at least three years, your name will go to the top of our list.

If house-hunters reserve a new home at this development before Monday 20 December, they will receive a £500 Argos voucher on completion to go towards making their new apartment feel like home.

Find out more about current Bromford developments.

 

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A Guide To Part Buy Part Rent
With Home Reach you buy a share of your chosen newly built home and pay a monthly rent on the part you don’t buy. Your budget will decide the size of the share you buy, rather than the size of your home. So, you might decide to buy a bigger share of a lower priced home or a smaller share of a more expensive home.

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