‘Why rent when it could be cheaper to buy?’ is the question on Barratt Yorkshire East’s lips with the buying incentives they are offering on homes at its newest development The Worx in Beverley.
The innovative development has already been hailed a great success by local MP Graham Stuart and is attracting hoards of first time buyers who are realising that it is cheaper to buy with Barratt Homes than to rent.
The Worx is a superb development of 38 homes, situated at Figham Road, Beverley. Since its opening in March, 6 buyers have been able to purchase a dream home at a great price thanks to Barratt’s shared equity schemes.
Buyers can move into a two bedroom apartment at The Worx for just £90,396 thanks to the housebuilder’s Headstart scheme. Owning a new home could cost just £379.82 per month, giving buyers the perfect opportunity to move into a dream home without overstretching budgets
Headstart is a payment deferral scheme that aims to make the buying process more affordable by allowing purchasers to move in for just 80 per cent of the price. The remaining 20 per cent is funded through a deferred Barratt loan which is payable in ten years time or when the property sells, whichever comes sooner.
To entice buyers even further the sales team is launching a brand new show home at The Worx in September to provide house hunters with a taste of what they could own for a deposit as small as £250.
Becky, Sales Advisor at The Worx said;
“The Worx is a fantastic development and perfect for first time buyers in Beverley who thought that a new home was out of their reach. We welcome anyone struggling to get onto the property ladder to visit us today and we are sure to have a scheme to help them make the move.”
For more information on The Worx please call the sales team on 01482 874634 open daily from 10am to 5pm or click here.
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Own a house at JUST £90K… is the smarmy Mr Stuart going to help folk get the 10% deposits also required? The £250 deposite idea seems like some sort of con to me – what’s wrong with renting? Oh silly me, I forgot we live in a capitalist state, where ownership of property, wealth and oneupmanship is the way we are meant to be. It’s easy to grin like Mr Stuart when you can afford it!
Like the comment above. Seem slike nothing mnore than the use of this great site to plug ‘Barrats’! Shame on Stuart. More important things in Beverley like the RECREATIONAL FACILITIES (the lack of!) more houses getting built on the old chemical site off Flemingate. I can’t wait to find out if these will be cheaper to rent than to buy…..while dogs crap all over the one field we have in Beverley to play sports. Joke.