AIM HIGH WITH LOWER RATE MORTGAGE OPTIONS ON NEW HOMES IN POYNTON

THINGS are looking up for homebuyers in Poynton with the offer of lower rate mortgage options on new homes.

Elan Homes has partnered with Own New to offer Rate Reducer, which as the name suggests gives buyers the chance to access lower rate mortgages.

Exclusive to new build homes, it’s available at Hazelfields, where Elan is building a selection of three, four and five-bedroom homes including some set out over three floors and ready to move into.

Marie Morris, sales and marketing director for Elan Homes in the North, said: “One of the key benefits of building up rather than out and creating homes set out over three floors is that they’re often competitively priced compared with similar sized two-storey properties. Factor in that Own New Rate Reducer gives buyers access to lower interest rates, meaning reduced monthly mortgage repayments for the initial loan period, and our new homes in Poynton are a great option. Plus, unlike some older properties they won’t require costly renovations, instead you can move straight in and start enjoying life in an energy efficient new home.”

Current prices at Hazelfields start from £499,995 for a three-bedroom detached Fairford.

A five-bedroom detached Newbury, offering 1,806 sq ft of carefully planned living space set out over three floors, is available from £769,995.

The lounge is at the front, with feature bay window offering lots of natural light.

The combined kitchen, dining and family room is destined to be the heart of this home. French doors open out from this sociable space to the rear garden.

A practical utility and convenient cloakroom, both tucked away off the kitchen, complete the ground floor.

On the first floor, there are three bedrooms including generous main bedroom with en-suite and dressing area. The family bathroom serves the other two spacious bedrooms on this level.

Two more bedrooms are on the top floor and share a shower room.

“The Newbury is ready to move into and benefits from an upgraded kitchen with quartz worktops, flooring throughout and turfed rear garden,” Marie added. “Buyers are welcome to view this home for themselves but can also gain a real insight into the layout and how the space could work for them via our website. We have a video and 3600  tour available of a similar home on a previous development to help buyers make an informed decision before making a commitment. The website also includes

a mortgage checker  which can be used to compare the deals available without affecting your credit score.”

With Own New Rate Reducer Elan will contribute 3-5% of the cost of the mortgage, enabling the lender to offer borrowers more competitive interest rates during the initial period of their mortgage, usually in the first two to five years, depending on the length of the initial mortgage term.

The new homes are in the catchment area for a choice of schools, the nearest being Lower Park Primary, which is opposite the development on Hazelbadge Road.

The town centre is within walking distance and is home to a choice of independent shops, nestled between high street chains and major supermarkets including Waitrose. Poynton train station is around five minutes’ walk away, putting Stockport within a 20-minute journey and Manchester reachable in 40 minutes.

Find out more about Elan’s new homes in Poynton via https://www.elan-homes.co.uk/developments/hazelfields.