Why rent when you can buy


Michele Rose, Sales Director at Bloor Homes South West, comments: “We appreciate that buying your first home can seem quite daunting but with the current low interest rates, now is a great time for first time buyers to get a foot on the property ladder. 

“What’s more, the availability of schemes such as Help to Buy make securing a deposit and paying a mortgage much more affordable, particularly when compared to average rental rates.”

Help to Buy makes it possible to buy a home priced up to £600,000 with as little as a 5% deposit. What’s more, for new-build homes, a loan of up to 20% of the cost of the property is available from the government. 

One Bloor Homes purchaser who was able to take that first step on to the property ladder thanks to Help to Buy is Jennifer Butler. Jennifer explains: “Help to Buy has meant my husband and I could get our foot on the housing ladder and buy our perfect place much sooner than we initially intended. We hadn’t planned on buying straight away as we didn’t think we could make it work financially, however when we found out about the Help to Buy scheme we realised we really could make our dream home a reality.”

October 2014. All prices and information are correct at time of publication.