New Shared Ownership homes now released in Redditch with special deal available

A great deal is on offer for quick-acting house-hunters at Bromford’s new Mount Gate development in Redditch.

Housing association Bromford has released a collection of high-quality two-bedroom Shared Ownership apartments at the development, located off Ipsley Street.

Shared Ownership gives first-time buyers and those who do not currently own property the opportunity to secure a new-build home with Bromford. Homebuyers pay a mortgage on the share they own, and pay rent on the remaining share, meaning only a smaller deposit is required. Purchasers can increase their share during their time on the property.

Priced at £145,000, the Townsend apartments feature an open plan kitchen diner with living space, two double bedrooms, a well-appointed bathroom and allocated parking spaces.

To mark the release of the first homes, Bromford will contribute £500 towards legal fees on selected properties if reserved on or before Tuesday, August 31.

Sales Manager at Bromford, Claire Richardson, said: “We are delighted to have released these excellent apartments for sale, which the team at Bromford have carefully designed to reflect the needs of local house-hunters, from first-time buyers to downsizers.

“Our legal fees deal also serves as a wonderful opportunity for those looking to make a quick reservation on an apartment with great charm.

“The local area itself benefits from excellent travel links, such as Redditch Railway Station which is just over a five-minute drive away and has train links enabling passengers to reach Birmingham in just 40-minutes and London in just 90-minutes.

“A great selection of amenities also surround the area, and Kingfisher shopping centre is just one and a half miles away, offering more than 140 retail stores.

“With just a small collection of nine apartments available, we would encourage home-seekers who are looking for an apartment in the area to get in touch with our sales team, to ensure any opportunities of securing a new home at this wonderful development are not missed.”