Is 2017 the year to buy property?
If you are looking to purchase your new home in 2017, it could be your year! Interest rates are currently low; the number of first-time buyers is on the increase and there is more support than ever before to help you climb that property ladder.
Research from the Halifax has revealed the number of first-time buyers in 2016 was higher than in any year since 2007 – the height of the financial crisis. This is great news for those looking to buy property for the first time and there are lots of options available for anyone finding it difficult to raise the funds needed for a deposit.
Help to Buy can boost your deposit
The average deposit for a new home is currently £32,000, but initiatives such as Help to Buy and the Help to Buy ISA can make homeownership more achievable by reducing the deposit required on certain properties.
And it’s not just purchasing a new home that is currently easier, mortgage rates are low so you could save money on your monthly outgoings with the best deal, it could even be cheaper than renting.
Caryl Russell, Sales Manager at award-winning Macbryde Homes, said:
“It’s so refreshing to hear some great news about the property market and we’re particularly pleased about the increasing number of first-time buyers who have finally been able to get their foot on the property ladder.
“We are experiencing high demand and strong sales at all of our developments and everyone who visits is really excited about moving to a new home this year.”
Discover your new home
Oakley Park, our upcoming development in Ellesmere Port is a stylish development of affordable properties where you can begin your journey towards a new home or climb the property ladder with support from the Help to Buy Scheme if you need it.
Choose your dream home from a selection of two, three and four-bedroom properties priced from just £119,995 up to £190,000.
Bryn y Mor in Old Colwyn and Erddig Place in Wrexham are beautiful developments of two, three and four-bedroom homes where you can choose a starter home with Help to Buy, or move up the property ladder into a larger detached property ideal for growing families.
For more information on the homes for sale across the North West and in North Wales take a look at our current developments.