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one bedroom apartment show home for sale shrewsbury

OUR STYLISH ONE BEDROOM SHOW APARTMENT IS FOR SALE AT WAT'S MEADOW, GOBOWEN, SY11 3JS.

**NOW REDUCED!** ONLY £89,995 - Due to the sell out popularity of our 1 bedroom apartments in Henry Robertson Court at Wat's Meadows we are now releasing our show apartment to the market. Included are carpets, fixed light fittings, window dressings (blinds & curtains) & wallpapers as displayed. List price only £95,995 with Help To Buy available.

First time buyers, downsizers or looking for a buy to let then call our agents Halls 01691 670320 or Your Move 01691 654989 to view!

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MORTGAGE BONANZA AS LENDERS SLASH RATES AND FEES FOR HOMEOWNERS, FIRST-TIME BUYERS AND LANDLORDS

MORTGAGE BONANZA AS LENDERS SLASH RATES AND FEES FOR HOMEOWNERS, FIRST-TIME BUYERS AND LANDLORDS

August's base rate rise, Bank of England governor Mark Carney's warnings of a potential property price plunge and general anxiety still lingering aroundBrexit, you could be forgiven for feeling negative about the current state of the property market.

But a quick look at the numbers will show there's hardly ever been a better time to be hunting for a mortgage - whether you're a first-time buyer, remortgaging, or looking to get into buy-to-let - rates have scarcely ever been lower.

Not only are rates dropping, lenders are also expanding their product ranges into areas that they previously might not have considered.

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NatWest has launched a new range of Help to Buy remortgage deals for customers wishing to move their Help to Buy mortgage to the lender, allowing customers to remortgage without having to pay off their shared equity loan at the same time.

The bank is launching a range of fee and no fee versions, including a headline two-year 60 per cent loan-to-value fixed rate of 1.85 per cent with £500 cashback.

Also available are five-year fixed rates at 75 per cent loan-to-value, with the option of £500 cashback at 3.59 per cent or a £995 fee at 2.26 per cent. To qualify, you'll need a minimum 25 per cent deposit made up of your own equity and the Help to Buy loan. 

Bluestone, a specialist lender available through mortgage brokers, has also just introduced a Help to Buy product range for first-time buyers looking to get on the ladder, with rates starting at 3.79 per cent with £1,000 cash back.

Help to Buy launched in April 2013 offering borrowers an equity loan equal to up to 20 per cent of the value of the property interest-free for five years.

In London, the scheme was even more generous, affording borrowers an interest-free equity loan of up to 40 per cent.

It meant homeowners had to find just 5 per cent in savings for a deposit, while mortgage lenders would fund the remaining 75 per cent (or 55 per cent in London) with a mortgage.

This year is the first that homeowners who bought through the scheme have had to start paying interest on the Help to Buy part of their debt. This affects how much mortgage lenders will lend, as increased costs can reduce what they believe you can afford to borrow. 

Few lenders offer remortgage on Help to Buy-assisted loans as a result, so the addition of another two into the market means rates are more competitive for borrowers who find themselves in this situation. 

Want to get out of Help to Buy? 

Those who want to buy without the scheme or pay off their Help to Buy loans completely when they remortgage are also in luck. It's now possible to find small deposit mortgages at incredibly competitive rates.

Mortgage rates for those with just 5 per cent equity or deposit are at their lowest level since records began. The average two-year fixed rate has actually fallen from 3.95 per cent last year to stand at around 3.73 per cent today, according to Moneyfacts. 

It's not just first-time buyers feeling the benefits of a competitive market. Elsewhere, mortgage rates are continuing to fall despite August's base rate rise.

Remortgage rates are also cheap 

Research from Moneyfacts suggests that average two-year fixed rates have now dipped below 2.5 per cent, with deals available for as little as 1.39 per cent - only 0.64 per cent over the base rate, which is more competitive than most tracker and variable mortgages.

Two months on from the rate hike in August, the average two-year fixed rate has actually fallen from 2.52 per cent to stand at 2.49 per cent today. Five-year fixed rates have also fallen by 0.02 per cent over the same period.

Data from Moneyfacts also shows the average two-year fixed mortgage rate has risen by just 0.28 per cent from their all-time low last year, in contrast to the full 0.50 per cent base rate increase since October 2017.

Charlotte Nelson, finance expert at Moneyfacts, said: 'The past year has been a challenging time for providers as they have had to wrestle with two base rate rises for the first time in years, while at the same time needing to remain competitive to protect their mortgage book.

'This conflict of interest has meant average fixed mortgage rates haven't followed the Bank of England's rate rises entirely.'

Even those looking to lock in for 10 years can expect extremely low rates by historical standards. Coventry Building Society has a 10-year fix at 2.35 per cent with a £999 fee with a maximum loan-to-value of 50 per cent.

For those looking to to 65 per cent LTV, Virgin Money is offering a 10-year fix at 2.37 per cent with a £995 fee.

Kensington Mortgages, another broker-only lender, this week launched a 10-year residential fixed rate at both 60 and 75 per cent LTV, with rates starting from 4.34 per cent. 

Buy-to-let is cheaper than ever as landlords exit the market

Bank of England rates data shows the average buy-to-let mortgage rate at 75 per cent loan-to-value has also plummeted to just 2.27 per cent - the lowest since records began in 2012.

The buy-to-let sector has been battered in recent years as tax relief on mortgage interest is withdrawn and replaced with a tax credit. On top of this landlords now pay tax on their revenue rather than profit after mortgage costs.

In addition, the buy-to-let market has been hurt as stamp duty for new purchases was slapped with a 3 per cent surcharge back in 2016, making outlays for new investors considerably more expensive.

Chris Sykes, mortgage consultant at Private Finance, suggests the low rates are being introduced to entice potential new borrowers as the sector becomes less attractive as an investment.

For example, Lloyds Bank's buy-to-let arm BM Solutions today announced changes to a range of mortgage and valuations fees.

A mortgage account fee of £295 will no longer apply to products in the BM Solutions range. The lender has capped revaluation fees at £300 and also removed a £100 administration fee.

Nationwide's buy-to-let arm The Mortgage Works this week cut its two-year 65 per cent loan-to-value fixed rate to 1.49 per cent with a £1,995 fee. There is also the option of a 2.14 per cent rate with no fee.

The group's five-year 75 per cent LTV rate has dropped 0.10 per cent to 2.49 per cent with a £1,995 fee and £250 cashback.

Full ref: https://www.msn.com/en-gb/money/homeandproperty/mortgage-bonanza-as-lenders-slash-rates-and-fees-for-homeowners-first-time-buyers-and-landlords/ar-BBNNfpM?li=AA64tF

 

Wats Meadow, Gobowen!1 or 2 bedroom high spec brand new apartment

Want a 1 or 2 bedroom high spec brand new apartment?

Hurry as we only have the last 2 plots available at Wats Meadow, ! Call our agents 01691 670320 or Move 01691 654989 to view!

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Greenbelt new homes

ENSURING THE LONG TERM ATTRACTIVENESS OF LANDSCAPING AT BERRINGTON MEADOWS.

As the UK market leader in open space management, Greenbelt has been appointed by Fletcher Homes to look after the landscaped environment on this development including areas of grass, trees, soft and hard landscaping andSustainable Urban Drainage System (SUDS) which are not maintained by the local authority.

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Greenbelt will provide residents with a year-round service designed to enhance and maintain the landscape helping to secure the long-term attractiveness of yourenvironment.
Greenbelt manages more than 850 developments across the UK. Our management team includes experts in landscaping, environmental management, horticultural, forestry, drainage, play and leisure facilities. We manage landscapes to suit local conditions in a financially sustainable way.

Fletcher Homes is currently creating the open space on your estate. Once this is completed, ownership of the open space will transfer to Greenbelt ensuring a long-term management and maintenance solution for the future. Fletcher Homes may handover the open space in phases as the development completes. Greenbelt will inform the residents in advance on the intendion to access the open space in phases.


To ensure the open space matures as intended; Greenbelt will provide a quality maintenance service, which includes:


Summer and winter programmes of maintenance
A free phone line to our Customer Care department – 0800 028 1749
Safety checks to ensure all facilities are maintained in a safe condition
Public liability insurance to cover against theunexpected
Experienced contract management to ensure a cost effective maintenance service
Quality contractors working alongside our experienced contract supervision
Regular liaison with organisations such as local authorities, utilities and community police
The provision of site plans that identify the areas we are and will be managing and maintaining
A homeowners pack providing details of all Greenbelt services
Up-to-date website information for homeowners
Cost effective and informative bills which set out the programme of works and, after the first year, the work we have completed

To deliver this service Greenbelt will charge each homeowner an equal share of the annual management cost, known as the Annual Management Charge (AMC). This obligation is covered in the title deeds of your new home. The initial AMC agreed with your developer is £144 plus VAT.This figure will be increased yearly in-line with the retail price index starting from 1st October 2018. Once Greenbelt starts to manage the open space the AMC will then be calculated from the anticipated management cost for the next year.

Once the management of the open space has been transferred to Greenbelt we will send you a letter confirming these arrangements along with your Homeowners’ information leaflet which describes our service in more detail.

If you have any questions, please call 08450 940 940 and we will be pleased to help you. Alternatively you can visit www.greenbelt.co.uk.

Information is available to download on the Berrington Meadows development page of our website www.fletcherhomes.co.uk/berrington-meadows

New Homes Shrewsbury, Cross Houses, Help to buy

FIRST FLURRY OF HANDOVERS AT BERRINGTON MEADOWS!


We are delighted our first flurry of handovers have taken place over at Berrington Meadows, Cross Houses, Shrewsbury. We wish you all every happiness in your new homes. Don't miss out on last few available plots OPEN THURS - MON, 11AM - 5PM. It could be you moving into your dream home too!

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Berrington Meadows, Cross Houses, Near Shrewsbury, SY5 6LS

75 new build homes, comprising of 3 & 4 bedroom homes and 2 bedroom bungalows, Perfect for todays discerning homeowner. 

HELP TO BUY AVAILABLE TEL: 01743 761665

LONDON Marathon, VICTA Children, Fundraising, Fletcher Homes

WE ARE PROUD TO SUPPORT STEPHANIE BEESTON RUNNING FOR VICTA CHILDREN IN THE LONDON MARATHON.

Stephanie, wife of our Technical Manager Andrew, is running the London Marathon on Sunday in aid of Victa, who are Visually Impaired Children Taking Action. She works as a Midwife at Telford’s Princess Royal Hospital and has experienced patients who have benefited from their support. VICTA Children All donations are gratefully appreciated and Im sure you will join us in wishing Stephanie all the best for the race.


https://uk.virginmoneygiving.com/fundraiser-display/showROFundraiserPage?userUrl=StephanieBeeston&pageUrl=2

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FOLLOW US ON FACEBOOK & TWITTER FOR LATEST RELEASES, NEWS AND OFFERS!

FOLLOW US ON FACEBOOK & TWITTER FOR LATEST RELEASES, NEWS AND OFFERS!

Make sure you don't miss out and join the 700 plus followers on our Facebook page to see the latest releases and hear the latest news first..

 
Facebook users @fletcherhomesltd - simply login and enjoy!
 
Twitter users @fletcher_homes - happy tweeting!

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FIRST PHOTOGRAPH RELEASED AT BERRINGTON MEADOWS

FIRST PHOTOGRAPH RELEASED AT BERRINGTON MEADOWS

Berrington Meadows is flying of the shelp and its easy to see why! We are happy to release our first photograph of Plot 4, The Burlton Housetype priced at £249,995 with Help to Buy available.

A detached three bedroom corner plot house. The sitting room, runs with depth of the property with a bay window to the front and French doors to the rear garden. There is a spacious open plan kitchen and dining area. There are three good sized bedrooms, one with en-suite and family bathroom upstairs. This home has a single garage and driveway.

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Berrington Meadows comprises of 3 & 4 bedroom homes & 2 bedroom bungalows perfect for todays discerning homeowner. Interest is already very high, register now to ensure you secure your preferred plot.

REGISTER YOUR INTEREST NOW!

HELP TO BUY AVAILABLE

SALES & MARKETING SUITE OPEN THURS - MON 11:00 AM - 5:00 PM.

OR TEL: 01743 761665

WE LOOK FORWARD TO WELCOMING YOU! 

 

 

Stamp duty first time buyer new homes shrewsbury cross houses

RESERVE YOUR DREAM HOME AND SAVE THOUSANDS ON STAMP DUTY!

Great News! The recent changes in the budget mean you can afford your dream home at Berrington Meadows, Cross Houses. We have several homes that will no longer have Stamp Duty applied. To view full development click here.

Stamp Duty is the tax charged by the Government when you buy a home. For first-time buyers in England and Wales no Stamp Duty is payable on properties up to £300,000. Homeowners need to start paying Stamp Duty from £125,000. Stamp Duty in Scotland is now referred to as the Land and Buildings Transaction Tax (LBTT) and is charged when you buy a home of more than £145,000.

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How much is Stamp Duty?

In England and Wales, Stamp Duty rates are paid on a sliding scale based on the property price within each tax band.

Stamp Duty payable for England and Wales - First-time buyers up to £500,000:

Purchase Price

Stamp Duty %

£0 - £300,000

0% (Zero)

£300,000 to £500,000

5%

Berrington Meadows comprises of 3 & 4 bedroom homes & 2 bedroom bungalows perfect for todays discerning homeowner. Interest is already very high, register now to ensure you secure your preferred plot.

REGISTER YOUR INTEREST NOW!

HELP TO BUY AVAILABLE

SALES & MARKETING SUITE OPEN THURS - MON 11:00 AM - 5:00 PM.

OR TEL: 01743 761665

WE LOOK FORWARD TO WELCOMING YOU! 

DUE TO DEMAND SECOND SHOW APARTMENT OPEN AT HENRY ROBERTSON COURT!

Our stunning 1 & 2 bedroom showhome apartments at Wat's Meadow are now both open Thursday - Monday 11am-5pm. Register your interest now call 01691 679490 or email homes@fletcherhomes.co.uk. Apartments priced from just £99,995 with Help To Buy Available. Hurry as interest is high!

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Better still, pop in and you can see first hand the high specification that comes as standard in our 1 & 2 bedrooom apartments. We also have our fully furnished 4 bedroom show home available ot view at Wat’s Meadow. 

luxury family high end homes ellesmere new build high specification shropshire

COMING SOON LUXURY HOMES AT ELLESMERE

Kynaston Place, Ellesmere, Shropshire consists of just 12 luxury 3, 4 & 5 bedroom new build homes. Sales & Marketing Suite opening early Autumn 2018. 

 

 

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Register your interest now to be added to our mailing list. Call 01743 267020, email homes@fletcherhomes.co.uk or fill out our contact form here

HBF RESEARCH REVEALS SAVING FROM BUYING NEW HOMES

HBF RESEARCH REVEALS SAVING FROM BUYING NEW

The price of choosing a second hand home over new build could be as much as £50,000, according to research launched today (May 15) by the Home Builders Federation.

Avoid the money pit – the cost of upgrading old to newreveals that upgrading a second hand home to the same standard of functionality and finish as a new property could become this costly. The research launches alongside the start of New Homes Week supported by HBF, which highlights the advantages for consumers of buying new.

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The research looks at the work that might be necessary to refurbish an older property, breaking down the possible costs, with a consumer typically paying out £7,900 for buying and fitting a new kitchen, £3,800 for a new bathroom, £8,850 to rewire a home and £6,185 for installing central heating, as well as other outlays. “The costs for people moving into an older home can quickly mount up,” HBF said.

HBF’s research finds further savings from buying new, including a new home’s inherent energy efficiency meaning that 94% of homes built in 2016 achieve an energy efficiency rating of A to C. According to the research, only 26% of second hand homes reach these standards.

Stewart Baseley, HBF’s executive chairman, said: “Buyers of new build homes enjoy a huge number of benefits over those purchasing a second hand home.

“During the buying process customers will receive a high level of service and support from trained sales staff. Upon moving into a property that is designed for modern living, there are all the advantages of living in a home with brand new fixtures and fittings and the latest energy efficiency technologies.

“This report helps to highlight the hidden savings that buyers of new build homes make. While most people have a budget put aside to get the little jobs done, costs soon add up when you need to replace a bathroom or a kitchen.”

www.new-homes.co.uk/new-homes-week 

 

MORTGAGE SPENDING REACHES AN HISTORIC LOW

MORTGAGE SPENDING REACHES AN HISTORIC LOW

The Council of Mortgage Lenders (CML) says mortgage spending reached an "historic low" in September as rates fell in the wake of the Brexit vote.

It reported that home movers and first-time buyers benefited after the Bank of England cut the base rate of interest to 0.25% in August amid fears the economy would grind to a halt after the shock Leave win.

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The CML said its members had responded by trimming many of their own rates, with mortgage repayments for those climbing the property ladder typically taking up 17.7% of their monthly household income in September.

The figure for first-time buyers was 17.8%. The figure includes capital and interest repayments.

Low interest rates have been a feature of the market ever since the financial crisis, though soaring house price growth has raised deposits and stamp duty costs.

Official figures released by the Office for National Statistics showed average house prices rising by 7.7% in the year to September - rising 0.2% month-on-month.

:: Housebuilding target to be missed - minister

It meant prices were about £16,000 higher on average in September this year than they were in September 2015, while a first-time buyer faced paying 7.5% more for a home than they did a year ago.

But Paul Smee, the CML's director general, said low rates "should help turn strong appetite for home ownership into a reality as we approach the closing months of the year".

More recent housing market studies have pointed to high demand for properties but too few homes being built or being put on the market - driving asking prices up.

The CML's figures showed homeowners borrowed a total of £11.4bn for house purchases in September, up by 4% year-on-year.

Sky News - 15 November 2016

http://a.msn.com/r/2/AAkkeZ3?a=0&m=en-gb 

 

 

Why Buy a New Build Home?

WHY BUY A NEW BUILD HOME?

Whether you are a fan of their fresh exteriors and modern fittings, looking for a safe and secure home to raise a family, or just want to feel like your home is truly your own; new build properties have a lot to offer.

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Getting you on the property ladder

One of the main appeals of a new build home is the innovative purchase schemes that are available to help buyers who may otherwise simply not be able to afford to buy their own home.Schemes include shared ownership and shared equity or Government schemes like FirstBuy and NewBuy. Our advisers can help you understand the difference between all of these schemes and how they could apply to your circumstances.

A fresh start

A new build home is fresh, bright and clean, and untouched by previous owners. It provides a blank canvas on which you can stamp your own style and personality from day one.

Greener and cheaper

Today’s new build homes are built to the latest environmental standards and are cheaper to run. New build properties are six times more energy efficient and generate over 60% less carbon dioxide emissions than older homes. This means that, not only are new build home-buyers doing helping the environment, they are saving themselves money.

The choice is yours

Buying a new build home gives you lots of exciting choices. There are a huge range of developments with a variety of shapes and sizes, from city centre bachelor pads to suburban family homes. You can decorate every room to your liking without worrying about the cost of taking up old carpets or stripping the walls.

Safe and secure

New build homes may also offer increased security and safety, with many containing high specification alarm systems, as well as being designed with electrical and fire safety in mind.

They also tend to be spatially economic so every inch of every room can be utilised to its maximum potential.

No chain involved

With a new build home you do not have to wait for the owners of the property to find somewhere to live before you can move in. Once you have reserved your property you will be given a completion date so you can plan your move with the reassurance that you will not be let down. This removes the house-buying chain and the challenges that are often associated with moving into a second-hand home.

Peace of mind
Many house builders provide a comprehensive customer care service and added peace of mind is provided by the 10-year warranty issued by organisations such as the National House-Building Council.

ref:https://www.mortgageadvicebureau.com/why-buy-a-new-build-home

KEEP IT IN THE FAMILY. . . AND YOU CAN BUY  THAT FIRST HOME

KEEP IT IN THE FAMILY. . . AND YOU CAN BUY THAT FIRST HOME

Families are being offered new ways to help hopeful first-time buyers get on the housing ladder – without parents having to hand over large sums of money forever via the ‘Bank of Mum and Dad’.

 

 

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A small band of innovative lenders have created schemes that allow parents, grandparents or other relatives to pool their resources with the younger generation. 

As long as the youngsters pay their mortgage bill each month, the helpers retain access to their savings and can withdraw their cash, often plus interest, as soon as the initial mortgage deals end.

‘Young people still face a huge challenge getting the mortgage they need,’ says Sarah Pennells, financial expert and founder of the SavvyWoman website. 

‘So any flexibility or innovation from lenders is welcome.’

Here are three key ways lenders are allowing family and friends to help first-time buyers:

The savings route 

With the Barclays Family Springboard mortgage, first-time buyers or home movers can get loans with deposits of as little as 5 per cent of their purchase price. 

But they pay a lower interest rate than on normal, low deposit deals because parents or other family members put 10 per cent of the price in a linked savings account for three years.

If the borrower pays the mortgage on time in this period, the helper can withdraw the cash at the end of the deal – having earned a generous interest rate of Bank of England base rate plus 1.5 per cent.

If the borrower misses repayments Barclays can keep the savings account in place for more than three years and it can retain the money for good if the property is repossessed and sold at a loss during the arrangement. Use the deal and buyers can get fee-free three- year fixed rates from 2.89 per cent.

The Family Building Society provides a similar scheme, with three-year fixes at 3.34 per cent, where buyers put down as little as a 5 per cent deposit and family members pay up to 20 per cent of the purchase price into a linked ‘security account’.

The offset strategy 

Yorkshire and Chelsea building societies help younger buyers cut their monthly repayments by allowing family members to put money in up to three linked offset accounts.

The money in the accounts will not earn interest, but is deducted from the borrower’s mortgage balance each month before working out how much their repayment will be.

So if you have a mortgage of £90,000 and one relative put £10,000 in an offset account and another puts in £5,000, you only pay interest on £75,000. The people putting the money in can withdraw it at any time – but the youngster’s monthly bills will rise if they do so.

The mortgage interest rates for people taking advantage of this scheme are around 0.2 percentage points higher than on Yorkshire’s standard loan deals. 

At the moment it has two-year offset fixes from 3.88 per cent. The Family Building Society offers similar offset deals – and first-time buyers can get a double benefit by using an offset arrangement alongside its security account.

The guarantor schemes

Guarantor loan schemes have gone out of fashion in recent years, but a handful of lenders do still offer them. 

They work by getting family members to use the equity in their own homes, and their incomes, to guarantee that the new borrower will meet their repayments.

The theory is that if an established owner and borrower guarantees your loan you are more likely to have your application accepted and will qualify for a lower interest rate. 

Such an arrangement is offered by less well-known lenders such as Aldermore Bank, which will lend up to the full purchase price of a property with the right guarantee arrangements in place.

The loans do not come cheap, though: it has two-year fixed rate loans at 5.48 per cent with set-up fees of more than £1,000.


Read more: http://www.thisismoney.co.uk/money/mortgageshome/article-3456295/Keep-family-three-key-ways-lenders-allowing-family-friends-help-time-buyers.html#ixzz410Prevxv 

We aim to take the stress out of buying a new home and we will help the process run as smoothly as possible and to help move things along!

WE AIM TO TAKE THE STRESS OUT OF BUYING A NEW HOME & HELP THE PROCESS RUN AS SMOOTHLY AS POSSIBLE!

Buying or selling a home is more stressful than having a child, changing jobs or getting married, a survey has found. However, at Fletcher Homes we aim to take the stress out of buying your brand new home by making the process run a s smoothly as possible. We are there every step of the way to offer help and advice including liaising with solicitors.

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About seven in 10 who have bought or sold a house had found it stressful, according to the research from Which? Mortgage Advisers.

A divorce was the only major life event in the survey which people considered to be more distressing than buying or selling a property, with nearly eight in 10 (78%) people surveyed who had been divorced saying they found the process stressful.

Nearly 2,000 people took part in the survey who had either bought or sold a house in the previous five years.

The survey also asked people if they had experienced other life events and, if they had, it asked them if they had found these events stressful.

Some 70% of people who had sold a house had found it stressful, while 69% of people who had bought a house felt this way.

Arranging care for an elderly relative came closely behind in terms of the burden of stress, with 68% of people who had done this saying they found it stressful.

Meanwhile, just over half (53%) of people who had had a child said this had caused them stress, while 49% of people who had changed jobs said this, as did 40% who had got married.

More than one in three (36%) people said finding a school for their child had been stressful, while one in five (22%) retired people said that leaving work had been stressful.

Ref(msn.com)

To ensure purchasing your brand new home is as stress free as possible choose Fletcher Homes. We are here for you and our customer satisfaction is of the uppermost importance.

100,000 use Help to Buy schemes

100,000 use Help to Buy schemes

More than 100,000 people have been helped on to or up the housing ladder by the Government's Help to Buy schemes, figures show.

A total of 101,972 homeowners have been helped by the schemes, which allow people to buy a home with a deposit as low as 5%, according to the data unveiled by Housing Minister Brandon Lewis.

The total is made up of people using the equity loan and mortgage guarantee schemes launched in 2013, as well as the Help to Buy: NewBuy scheme which offers 95% mortgages to people buying a new-build home.

The equity loan scheme and NewBuy figures are for England only, while the mortgage guarantee scheme figures cover the whole of the UK.

Four out of five people using Help to Buy have been first-time buyers, the Government said

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Help to Buy has in the past been accused of helping to pump up house prices.

But the average price of homes bought under Help to Buy is £213,954, which is well below the average UK house price of £271,000, the Government said.

It named Leeds, Birmingham, Wiltshire, County Durham and Bedfordshire as areas where Help to Buy has proved particularly popular.

The Government has previously announced the extension of the equity loan scheme to 2020.

Other plans to help aspiring first-time buyers are also in the pipeline, including Help to Buy Isas which are set to be launched in the autumn through banks and building societies.

Under the new scheme, the Government will boost first-time buyers' savings for a deposit on a home by £50 for every £200 they save, up to a maximum bonus of £3,000. It is estimated that around 285,000 first-time buyers will use the new Help to Buy Isa scheme each year.

Stewart Baseley, executive chairman of the Home Builders Federation said: "Help to Buy continues to drive demand for new homes, and its extension to 2020 is a huge boost. That demand is being met by the house building industry which is increasing output at the highest rate for decades."

Mr Lewis said: "Today's figures clearly show the continuing success of the Help to Buy scheme."

 

REF: http://www.msn.com/en-gb/money/personalfinance/100000-use-help-to-buy-schemes/ar-AAbM7cK

Help to Buy ISA available for first time buyers!

HELP TO BUY ISA AVAILABLE FOR FIRST TIME BUYERS!

In the March 2015 Budget the government announced a new ISA savings scheme to help first time buyers (FTBs) save for a deposit to purchase their first new home.

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Under this scheme a FTB can save up to £200 a month towards a deposit for their first new home in a Help to Buy ISA account. There is no minimum monthly requirement.

The government will add a bonus of 25% to the FTB’s savings (and any interest earned on those savings) on the purchase of a first home.  The bonus is subject to a maximum of £3,000.  So if you are a FTB and you save £12,000 the government will pay you a bonus of £3,000.

Accounts are limited to one per person rather than per home so joint buyers can each open Help to Buy ISA accounts.

The accounts will operate in the same way as existing ISAs, with interest accruing on a tax free basis, but will include some special features which are summarised in the document produced by the government. 

The Help to Buy ISA accounts will be available from autumn this year and will be available for four years.  Once opened there is no limit on the length of time the ISA is used. 

A FTB can make an initial deposit of £1,000 when opening the account to allow FTBs to start saving before the accounts are introduced.

Full details of the scheme are in the guidance but scheme features include:

  • the saver must be 16 or over and must be a FTB
  • the bonus is available to FTBs purchasing UK properties
  • only one Help to Buy ISA can be opened per person during the lifetime of the scheme (but usual ISA transfer rules will apply)
  • a minimum bonus of £400 per person will be paid
  • a maximum bonus of £3,000 per person will be paid
  • the bonus is tax free and can be claimed at any time but will only be paid on the purchase of the first home
  • the bonus will be available on home purchases of up to £450,000 in London and up to £250,000 outside London
  • the bonus can only be used towards a property that is being used for the FTB’s only residence and cannot be used for buy-to-let purchases
  • the bonus will be calculated on savings plus interest accrued
  • the scheme can be combined with other "Help to Buy" products

www.cml.org.uk

READ TRUE STORIES OF HOW HELP TO BUY HELPED GET PEOPLE MOVING JUST LIKE YOU!

Read the full stories of people that have benefited from Help to Buy at http://www.helptobuy.org.uk/customer-stories

Small deposit allows Louise onto the property ladder

"We were fine renting, although it just felt like a waste of money as we were giving away our money to pay for somebody else's mortgage." Help to Buy NEYH speak to Louise to find out how Help to Buy helped her onto the property ladder in York. 

- See more at: http://www.helptobuy.org.uk/customer-stories#sthash.g5oneT6n.dpuf

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First time buyer makes his dreams of home ownership a reality

“Having lived at home with my parents I was very much looking forward to the time when I would be able to move out and buy my own property. Thanks to the Help to Buy scheme, this came a lot sooner than I had anticipated and I couldn’t be happier with the outcome.” (David Granat, Caversfield)

- See more at: http://www.helptobuy.org.uk/customer-stories#sthash.g5oneT6n.dpuf

 

Teacher learns joy of home ownership thanks to Help to Buy

“The process of going through the scheme was really easy - a lot easier than I thought it would be. In the end I managed to complete the whole process within four weeks and now I have my own place, so everything has worked out really nicely for me personally.” (Catherine Hegarty, Scarborough)

- See more at: http://www.helptobuy.org.uk/customer-stories#sthash.g5oneT6n.dpuf

 

* stories courtesy of official Help to Buy website.

Creating a Community of brand new homes at Wat’s Meadow, Gobowen, Shropshire.

CREATING A COMMUNITY OF BRAND NEW HOMES AT WAT'S MEADOW, GOBOWEN, SHROPSHIRE.

Fletcher Homes is one of Shropshire’s oldest and most well respected homebuilders and their aim is that each of their new homes developments will contribute to the sustainable growth of the community. That’s why they assess the type of housing that is needed in an area when designing their new developments.

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Wat’s Meadow is no exception... here, Fletcher Homes are creating a development of 2, 3, and 4 bedroom houses, 2 bedroom bungalows, and 1 and 2 bedroom apartments to cater for a wide range of home buyers from the first time buyer, those moving up to a larger home, and those moving down as they look towards retirement.

Located just a few minutes walk from Gobowen’s main line rail station and with good transport links via the A5 and other road networks, Wat’s Meadow is in a great location whether you already live locally or wish to commute to Shrewsbury, Telford, Wrexham or Chester.

Gobowen has a wealth of things to offer. The village centre has all of the usual local facilities including shops, hairdressers, pharmacy, library, primary school, pubs and three churches, whilst major supermarkets and shopping facilities in Oswestry are only a couple of miles away and served by a good bus service. There are also regular bus services to Ellesmere, St Martin’s and Wrexham.

Several properties at Wat’s Meadow are ready for immediate occupation including the Worthen 3 bedroom home priced from £139,995, with its large main bedroom with en-suite shower room and ceramic tiled floors to the kitchen and cloaks.

The Ragleth 2 bedroom bungalow has a living room overlooking the turfed rear garden, a quality fitted kitchen with all the necessary appliances, two good sized bedrooms and a well fitted bathroom with shower. Priced from £152,995, the Ragleth is ideal for those wanting an easily managed home.

For those wanting a larger property, the Corvedale and Albrighton 4 bedroom homes provide plenty of space and start at just £224,995.

All properties come with turfed gardens and a full NHBC 10 year Warranty, and are finished to the high standard you would expect from Shropshire’s only Chartered Building Company.

Fletcher Homes’ sales manager Petra Cadman said: “We have homebuyers who have lived locally for many years and others who have relocated from further afield to live at Wat’s Meadow. I am pleased to say that we seem to have created a strong community spirit amongst our homebuyers and one that is in harmony with the village.

The Help to Buy scheme is available on all properties and we can also offer part exchange or our assisted purchase plan for those with a house to sell.” A recent report by Rightmove and Oxford Economics forecasts that average house prices are set to rise by 30% over the next five years. Mrs Cadman added “I would encourage anyone who is thinking of moving to contact us NOW to see how we can help you with your move to a brand new home at Wat’s Meadow.”

The furnished show homes at Wat’s Meadow are open from Thursday through to Monday from 11.00am to 5.00pm. Call 01691 679490 or e-mail homes@fletcherhomes.co.uk .

Earn £250 Shrewsbury Shropshire

LOVE YOUR FLETCHER HOME? WHY NOT RECOMMEND A FRIEND AND EARN £250!

All you have to do is tell a friend, who’s considering moving, about Fletcher Homes. Actually, they don’t even have to be a friend! You can point anyone you know in our direction; work colleagues, long lost relatives, in fact the list is endless. Remember to mentionHelp to Buy is available!

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Three Simple Steps to earn £250!

 Step 1 - You fill in your details. They fill in their details.

Step 2 - They hand in the leaflet on their first visit to their chosen    

              Fletcher Home development OR you can post the form without 

              the sales advisors signature to Fletcher Homes head office 

              (address is on the reverse).

Step 3 - They buy their lovely new Fletcher home, you  get £250*! 

 

Simply print out the leaflet fill it in and we will do the rest.

*Please see terms and conditions on pdf leaflet.

Download and Print Recommend A Friend Form

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Current Offers!

  • CARPETS INCLUDED IN OUR APARTMENTS AT WAT'S MEADOW. READY TO MOVE IN NOW!


    Newly released at Wat's Meadow. Henry Robertson Court comprises 1 & 2 bed apartments List price from only £94,950. Help to Buy available.


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  • PART EXCHANGE AVAILABLE


    Buy and sell in one easy move with Fletcher Homes Part Exchange. Whether you are moving up to a larger house or downsizing to a more manageable property, part exchange can give you peace of mind and gets you moved into your new home when you want.


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  • GOT A HOME TO SELL? WE WILL PAY YOUR ESTATE AGENT FEES!


    We can appoint an estate agent to market your property and provided you proceed to purchase your new home at Wat's Meadow, Gobowen, we will pay the Estate Agent fee!


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  • HELP TO BUY


    The Government Help to Buy scheme is available on all properties at Wat’s Meadow, near Oswestry in Shropshire. You only need 5% deposit!


    Find Out More>