More freedom and you could pay less for it every month
According to the Halifax^, who looked at an average three-bedroom house costing £157,400, the average monthly mortgage payment, including other ‘buying’ costs, was £600 in September 2012. If you’re renting, the monthly bill was £732. That’s a difference of £132 or 18% for an identical property, the widest gap ever recorded since the Halifax started their annual survey.
More mortgage approvals are being made
According to The Council of Mortgage Lenders, more people managed to make the step up on to the property ladder in August 2012, as lending to first-time buyers rose by 18%. Now is the time for you to join all these new homeowners.
No housebuilder moves more people
No less than 5,000 first time buyers moved onto the property ladder since we teamed up with the Government to make more homes available to more people with low deposits. And you could be next! Especially as we have schemes where your deposit could be as low as 5%¥. So if you decide to buy, choose Barratt – you couldn’t be in better hands.
Your chance to style your own home
When you rent, every tiny change has to be approved by your landlord. Yet with your own home you are free to do exactly as you please, from styling to furnishing. And, depending on when you reserve your home, with Barratt’s great Choices range of upgrades and extras, you could personalise rooms such as the kitchen and bathroom and to reflect your lifestyle.
No waiting or expense, if something goes wrong
Buy your own home and you no longer have to wait for your landlord to make repairs or replacements, because we give you a free 2 year warranty† to cover your fixtures and fittings, as standard. So, should anything go wrong in the first two years that's covered, it shouldn’t cost you a penny to put right. That’s in addition to the usual 10 year NHBC structural warranty and is designed to give you complete peace of mind.
^ Source - Halifax Buying Vs renting Review February 2013
†First 2 years covered by Builder Warranty & NHBC Guarantee or similar. Years 3-10 covered by NHBC insurance or similar. Full exclusions and limitations can be found on the NHBC website. Available on virtually all of our developments.