Low mortgage rates and shared ownership make owning a home a reality in Devizes
Last chance to buy as new homes development nears completion
There are now only four apartments available at Aster Group’s Hambleton development in Devizes, Wiltshire. And thanks to current low mortgage rates and shared ownership from housing association, Aster, people trapped in renting in Wiltshire could get their foot on the housing ladder.
Perfect for single or first-time buyers, or those looking to downsize, the one- and two-bedroom apartments available are contemporary and have an open plan design, creating a sociable living space. The kitchen is modern and finished to a high standard, including the elegant Symphony Kitchens Kubix range with stylish cabinets, as well as Stella Mare worktops in black. All the homes available at Hambleton are carpeted throughout and come with allocated parking.
Amy Nettleton, assistant development director – sales and marketing at Aster Group said, “Our affordable homes in Devizes have been so popular; this really is your last chance to secure a home here. The site is due for completion this spring, so you’ll get the benefits of buying a brand-new home without living on a building site. Everyone who has bought here has been local. In fact, 70 per cent of our buyers here have come from Devizes and the nearby surrounding villages, which shows the demand for affordable homes in the area.”
With the chance to buy a percentage of the property and pay rent on the remaining share, shared ownership is a much-needed affordable option for residents in Devizes. Buying one of the remaining apartments through shared ownership with Aster means that local people can secure an apartment with a deposit from as little as £2,730* for a 40 per cent share.
And there’s never been a better time to buy, according to Kelly McCabe, managing director from mortgage provider, TMP. She said, “With interest rates at an historic low, both shorter and longer-term fixed mortgages are offering fantastically affordable rates. Couple this with the flexibility of shared ownership, the options to buyers are as flexible and affordable as they have ever been.
"With banks and building societies being so keen to lend, not only are rates attractive, but also their willingness to understand customers’ complex situations. Zero hours contracts, benefit income and low deposits are all things that don’t stop the dream of homeownership becoming a reality.”
Just 30 minutes from Junction 16 of the M4 and Chippenham railway station, Hambleton is close to Devizes town centre, the Marina, local schools and other amenities. Commuters are connected to Swindon (approximately 35 minutes), and to Bristol and Bath within the hour by car.
Devizes has plenty to do, from exploring the high street with its retailers and independent shops whilst the historic Caen hill locks provide the perfect spot for wiling away the weekends.
For more information about the last remaining homes at Hambleton, visit our sales pages or call the team on 01380 735 545.
* Pricing correct at time of print; based on buyers securing a home with a 40% share of the property and valued against homes priced from £136,500Back to latest news listings