With economists reporting interest rates may not rise from their record lows until 2016, award winning housebuilder Bloor Homes is encouraging potential purchasers in Waterlooville to take advantage of current low mortgage rates to either secure their first home or take that next step up the property ladder.
Indeed, the average cost of a two-year fixed-rate deal with a 25 per cent deposit sank 0.22 percentage points to just 2.24 per cent in October – the lowest rate ever recorded by the Bank of England.
Emma Livings, Sales Manager for Bloor Homes Southern region, explains: ‘Berewood has proved incredibly popular with first time buyers and growing families alike, and we’re already watching a thriving community develop.
‘With interest and mortgage rates at an all-time low, and predictions suggesting that they will remain at such levels for the foreseeable future, there really has never been a better time to buy. I’d advise anyone looking to purchase a new home in the local area to avoid disappointment, and pay our sales team a visit today.’
Homes currently available at Berewood range from the spacious three bedroom semi-detached ‘Crookhorn’ design, to the beautiful four bedroom ‘Bringhurst’ three-storey four bedroom townhouse. Available from £328,000, purchasers could snap up the ‘Crookhorn’ home for £976.92 a month, while the ‘Fitzgerald’ house type, starting at £395,000, could cost homeowners £1,176.48 a month.
To help prospective purchasers envisage what it would be like living at the development first-hand, the housebuilder is showcasing its ‘Horndean’ showhome, allowing househunters to walk around the new home and experience the high-quality specification of properties at the development for themselves.
Presenting eco-friendly living solutions within aesthetically beautiful homes, the new properties at Berewood boast stunning Georgian-style exteriors characterised by white rendered frontages. The homes have all been built to Code for Sustainable Homes Level Four, providing warmer, more efficient properties while saving homeowners money on energy bills.
Located just outside the thriving market town of Waterlooville, Berewood is a unique new ‘Garden City’ development designed by world-renowned architect, Robert Adams. Committed to delivering an inclusive, sustainable new community to local people, the development will also provide schools, pubs and a selection of shops, promising residents even greater convenience.
The development is ideal for commuters, being situated just a minutes’ drive from the A3, and less than 10 minutes from Bedhampton station, providing national links via Portsmouth and London Waterloo stations.
For full details please visit the marketing suite located on Maurepas Way, Waterlooville.
Alternatively, contact the sales advisor on (023) 9225 1334, or you can email firstname.lastname@example.org