+

David and Hannah take first step on the property ladder at Kineton Meadows

A young couple have found the perfect home at Kineton Meadows, in which to start a family, thanks to the Government's Help to Buy scheme.


09/03/2017 - General

David and Hannah Bain purchased their first home together at Bloor Homes’ Kineton Meadows development in Kineton, having previously rented a property in Leamington Spa.
 
The couple were keen to move out of town into a more rural setting, and had initially set their sights on buying a second-hand property.
 
But David, 28, and Hannah, 26, changed their minds after seeing the quality and character of the homes at Kineton Meadows, and discovering the benefits of Help to Buy.
 
David, who works at the nearby Jaguar Land Rover factory in Gaydon, said: “I am a designer by trade and I always thought that new build homes all looked the same and were boring. But when we went to visit Kineton Meadows I couldn’t have been more impressed with the build quality and the character that has been injected into the homes.

“We looked at other developments just outside Stratford but they weren’t up to the same standards and for us the most important thing was the location. We wanted somewhere nice to bring up a family and work is only a four-minute drive away. 

“I have never lived in a village before and I really like it. There are some nice little shops, a good Indian takeaway and I look forward to coming home more because it’s a bit more secluded than what I’m used to.”
 
David and Hannah, an acupuncturist, bought a three-bedroom semi-detached home at Kineton Meadows for £258,950, and used Bloor’s recommended solicitors and financial advisors during the sales process.
 
David added: “The space inside the homes has been used very intelligently. Everything has been done logically and to a high standard. As for the actual process of buying, it couldn’t have gone more smoothly. You hear people talk about the stress of buying a new home and I was dreading that, but it was actually a great experience.”
 
David said using Help to Buy had been an “enormous benefit”, as it had enabled the couple to secure their home with just a five per cent deposit of £12,947 and a 75 per cent mortgage. The remaining 20 per cent of the purchase price is provided by the Government as an equity loan, which is interest free for the first five years.
 
“With the budget we had, if we had bought a second hand home, we would have ended up with something that, in all honesty, we wouldn’t have wanted. Help to Buy made it possible for us to afford a home that we could make our own and enjoy living in.”