COUNTRYSIDE PROPERTIES EASES THE SQUEEZE FOR BUYERS IN CHADDERTON WITH THE LAUNCH OF 5.99% MORTGAGE
As the average rate for a two-year fixed mortgage breaks through the 7% barrier and mortgage lenders continue to withdraw deals and raise deposits, Countryside Properties is offering a lifeline to homebuyers in Chadderton who are struggling to find an affordable mortgage.
With more and more homebuyers identifying rising mortgage costs as the main impediment to buying a new home, Countryside Properties has been liaising with its preferred lenders to negotiate a competitive mortgage deal for buyers at its latest development, The Cottons, in Chadderton. At an astonishingly low rate of 5.99 %, the two year fixed agreement allows buyers to own their dream home without overstretching their finances.
Deals of this kind are virtually unheard of amidst the ‘so-called’ credit crunch and where they do exist, they seem to come with tight lending conditions and often require a large deposit. But Countryside Properties is upping the anti even further with this deal by also giving buyers the option to borrow up to 95% of the purchase price of their brand new home at The Cottons.
With reports of challenging times ahead for mortgage borrowers, buyers could be forgiven for questioning whether or not now is the right time to buy. However, this offer should help to alleviate their financial concerns and prove that buyers can still have the home that they want at an affordable price.
Martin Leggett, regional sales director of Countryside Properties says: “In an unpredictable financial climate we’re doing our best to make home buying easier and prove that with the right house and the right deal, now is in fact a great time to buy. That’s why we’re actively encouraging consumers who are contemplating buying to come and talk to us.”
Ideally suited to families, The Cottons will comprise a range of three and four bedroom detached and semi-detached houses and townhouses, carefully designed to create a close-knit and friendly neighbourhood for residents.
Situated between the bustling towns of Oldham and Rochdale, and just over six miles from the bright city lights of cosmopolitan Manchester*, the scheme is set to boast picturesque village-living with direct access to Manchester city centre.
Countryside Properties has paid particular attention to enhancing the natural environment with a winding foot and cycle path that borders the adjoining picturesque areas of green open space, providing comfort and quality that modern families need. With a spacious layout, each property has been designed to the highest standards in interior specification with contemporary finishes throughout.
Interested parties are invited to make an appointment to view the plans by calling 01457 839 518. Alternatively for more information visit www.thecottonschadderton.com, or email northern@cpplc.com.