Luxury living can be affordable
First-time buyers have an exciting opportunity to step onto the property ladder with a new build from Morris Homes. The exclusive development in Bilston is an affordable way of buying a first home.
First-time buyers have an exciting opportunity to step onto the property ladder with a new build from Morris Homes. The exclusive development in Bilston is an affordable way of buying a first home - scroll through our photo gallery for a quick tour...
The company's Great Start scheme is now available on selected apartments within the Grade II listed building conversion at Claremont, off Wellington Road.
It allows new buyers to have full ownership of their home while paying for just 75 per cent of its value. This means that selected one bedroom apartments with parking space start from £81,750, subject to terms and conditions.
The remaining 25 per cent balance, which is interest-free, can be repaid in stages over 10 years or settled as a lump sum when the house is resold at its future market value.nextpage
Julie Smith, regional sales director for Morris, says: "We have designed this new initiative specifically for buyers who want to own their own home but are struggling to get a foot on the property ladder.
"We will give them 100 per cent ownership of the property and we won't even ask them for a deposit. Also, unlike many schemes for first time buyers, there really is no catch or money to pay on the 25 per cent balance."
There is currently a range of spacious one and two bedroom apartments available.nextpage
Each has been built to a bespoke design emphasising the building's Georgian features, such as the high ceilings and traditional sash windows.
Julie adds: "These high-quality apartments overlook landscaped gardens and are ideal for people looking to enjoy a contemporary lifestyle in a great location."nextpage
"A Midland Metro station is within walking distance and there's easy access to the motorway network for people who work in Birmingham or Wolverhampton."
For more information about Morris' Great Start scheme, or any of the homes at Claremont, visit www.morrishomes.co.uk or contact the sales office (open Thursday to Monday between 10.30am and 5.30pm) on 01902 490438.