Image Boost for first time buyers in Hemel Hempstead
13.01.2010
Hightown Homes has released 25 stylish one and two-bedroom apartments in The Cotterells for sale under the Shared Ownership scheme.
Buyers will need a deposit from as little as £7,650 for a new one bedroom apartment starting from £76,500 and a deposit of £9,250 for a two bedroom apartment starting from £92,500 – both 50% shared ownership.
Shared Ownership is an alternative to renting a home or buying a property outright. It helps people who want to buy a home of their own but cannot afford to do so. Through Shared Ownership it is possible to buy a share in a property (50%) and pay rent on the remaining share. The total costs of rent and mortgage payments will be lower than the cost of buying the same home outright. In the future you have the option to buy additional shares.
Part of the prestigious Image development on the former Kodak site, Gade Place is accessed from The Cotterells, and is just minutes from the town centre. Hemel Hempstead station is in easy walking distance, and there are excellent road links as the M1, M25 and A41 are all easily accessible.
Sandra Reddy, Sales Manager from Hightown Homes, said: “This is a fantastic development of stylish homes in a great location. Dandara have completed the new development to the highest standards and we are pleased that local people who have a real housing need will benefit from this scheme. The shared ownership scheme is a great way for people to get onto the property ladder without having to stretch their finances and pay a large deposit.”
If you are interested in these new homes please contact Hightown Homes on 01442 292381 or visit www.hightownhomes.com.
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