Best time to buy new for first time buyers in Birmingham

With the new version of the Government backed Help to Buy: Equity Loan scheme set to launch in April, there’s never been a better time to get onto the property ladder with a new build home.

Help to Buy allows first time buyers to purchase a brand new property with just a 5% cash deposit. It also sets a regional equity loan price cap to focus on helping those in areas who need it the most. In the West Midlands, Help to Buy can be used to purchase properties up to £255,600.

While the scheme doesn’t officially start until 1 April, Crest Nicholson is already selling selected properties at its Manor House at Bournville Park development in Birmingham with the new version of Help to Buy. But with just a few homes remaining under the scheme, interested buyers are being urged to get in touch with the Crest Nicholson sales team right away.

Vanessa MacNee, Sales and Marketing Director at Crest Nicholson Midlands, commented: “The new version of the Government-backed Help to Buy: Equity Loan scheme will provide a big helping hand to those who are struggling to get onto the property ladder in the West Midlands.

“Home ownership is an important ambition for many people, and it is likely to be the largest investment most of us will make in our lifetime. With this in mind, many people opt to purchase a new home for greater peace of mind and many more added benefits, from ease of accessing schemes that assist in getting on the property ladder to being able to make a home truly your own.”

As well as being able to access the new Help to Buy scheme, Vanessa shares the five key advantages of choosing to purchase a new home at Manor House at Bourneville Park:

1. No chain

   One of the greatest benefits of a new build home is having no upward chain to consider – this means the whole process is much less stressful and often quicker than a second-hand purchase.
   
   

2. Peace of mind

   All new homes are independently assessed during construction and covered by a 10 year warranty. Home security and low-level maintenance are also built in from the design stage, and every home undergoes a stringent ‘fit for purpose’ inspection prior to occupancy.

    

3. Value for money

   New homes are built to a much higher specification than the majority of older homes, so you often get more for your money. As with all Crest Nicholson properties, the specification at Manor House at Bourneville Park is high quality, with contemporary fitted kitchens, integrated appliances and stylish bathrooms, as well as central heating, double-glazing and floor and wall insulation.

    

4. Tailored to your lifestyle

   Flexible living spaces ensure you’ve got room to entertain, grow your family or set up a home office. Manor House at Bourneville Park features a variety of open plan kitchen, living and dining areas so you’ll find the right layout to suit your needs.

    

5. A sustainable choice

   New homes are six times more energy-efficient and generate over 60% less CO₂ emissions than older style homes. Crest Nicholson properties also ensure owners will save on their utility bills with features such as 100% low energy lighting and A-rated appliances.

    

6. They’re ready for you to move in
   One of the core benefits of a new home is just that – it’s brand new. This means that they’re ready for you to move in to and enjoy without worrying about that has been glossed over by previous owners. Residents at Manor House at Bourneville Park don’t need to worry about renovations or making do – they can just focus on making their home their own straight away.

Selected apartments at Crest Nicholson’s Manor House at Bournville Park are available on the Government backed Help to Buy: Equity Loan scheme. One bedroom apartments start at just £190,000 while two bedroom apartments are priced at £239,950. To find out more, or to book an appointment to view the development, please call 01217 560 953 or visit https://www.crestnicholson.com/developments/manor-house-at-bournville-park/