Since its launch, Dream Start has helped hundreds of first-time buyers onto the property ladder and it is due to high demand that Barratt has been able to re-instate the scheme for a limited time at The Riverside Collection.
Dream Start has been specifically designed for first-time buyers and key workers who might not otherwise be able to get a foot onto the property ladder and enables them to purchase a Barratt home for just 75 per cent of the price, whilst still owning 100 per cent of the property.
Chris Ashmore, Sales Director for Barratt commented, “Dream Start has been a hugely successful scheme and has helped so many people buy their dream home when they thought it would be impossible. Since this scheme came to an end we have encountered a very high demand for its return and I am pleased to say that it is now available at The Riverside Collection.”
Gemma Churchouse and fiancé Marc Bates are just one set of homebuyers who have found that they were able to afford their ideal home thanks to Dream Start. Gemma and Marc purchased a two-bedroom apartment at The Riverside Collection.
Gemma explained, “Marc and I had been renting my parent’s apartment at The Riverside Collection for 18 months when we found another apartment
which we really wanted to buy. It actually all happened by chance after we visited the sales office one day, but once I saw the apartment I knew we had to have it.
“We had already looked at another property in the area but we really didn’t think that we would be able to afford a home in Abingdon, so we were very pleased to find out that with Barratt’s help we could buy the home that we really wanted without having to overstretch our budget.”
Dream Start is not a shared ownership scheme; purchasers own 100 per cent of the property from day one. There is no rent or interest to pay, the deferred amount is simply paid back as 25 per cent of the property’s open market value up to the point of resale or within 10 years, whichever is sooner.
The Riverside Collection is situated alongside the Abbey Stream and Abbey Grounds which is directly connected to the development by a new footbridge which has recently been installed. Abingdon town centre is just a few minutes walk away and offers a good selection of high street stores.
The Riverside Collection currently offers a selection of two-bedroom apartments and four bedroom riverside houses overlooking the Abbey stream. Prices start from £145,500 for a two-bedroom apartment and £296,950 for a four-bedroom water front home. For more information please contact the sales office on 01235 529 194 open Thursday to Monday from 10.30am to 5.30pm. Alternatively please call the sales hotline on 01676 525 410 or log on to www.barratthomes.co.uk/theriversidecollection.