Event to Show How You Can Buy A New Home In Nuneaton For Less Than £400 A Month » Housing » 24dash.com

Would-be homeowners in the Nuneaton area are being invited to attend an open event at Orbit First Steps Jodrell Street development where theyll be able to find out more about how they can purchase a brand new home for less than £400 per month for the whole of the first year.

The event, taking place from 4pm to 8pm on Thursday 25 September will also give visitors a chance to have a look at the stylish showhome and get a real idea of the new life that could be waiting for them.

Theyll have the opportunity to talk to an independent financial advisor who will be happy to provide free, no-obligation advice throughout the event and all visitors will be able to enter a free prize draw to win £50 of shopping vouchers.

There are six 1-bedroom apartments and a further six 2-bedroom apartments available at Jodrell Street, each being offered through the New Build HomeBuy scheme. Formerly known as shared ownership, purchasers buy a percentage share in the property, usually raised via a mortgage, and then pay a subsidised rent on the remaining share.

Typically, they would buy a 50 per cent share but Orbit First Step is offering shares from as little as 25 per cent. To help buyers in the current housing climate, Orbit First Step is offering a fantastic deal that waives the rent for a full 12 months for those purchasing a minimum 50 per cent share.

Those purchasing shares of less than 50 per cent can still benefit from the associations generous schemes as they can take advantage of either £2,000 cashback on completion or a five per cent deposit paid.

Prices for the apartments start at £25,375 for a 25 per cent share or £50,750 for a 50 per cent share and each fully carpeted home features a fitted kitchen including an oven hob and extractor, washing machine or washer/dryer, gas central heating and double glazing, as well as an allocated parking space. All incentives are offered subject to terms and conditions.

Orbit First Steps Sales and Marketing Manager, Karen Coleman said: "Anyone who has been struggling to get onto the property ladder would be advised to come along to our event and find out how we can help. This really is the best deal on the market today and will be the light at the end of the tunnel for many people.

"With no rent to pay for the first 12 months for those buying at least half of their home, buyers will only need to make their mortgage payments and this means your monthly occupation cost could be even less than £400 per month during the whole of the first year."

With the recent news that Stamp Duty is no longer payable on properties priced at £175,000 or less this could prove to be the best time to buy the brand new home you've been dreaming of.

If you are unable to attend the event but are interested in any of the apartments available, you can visit the showhome by appointment. For further information, please call a member of the sales team on 08458 50 20 50 or visit www.orbitfirststep.org.uk.