THE heat is on for buyers hoping to secure a new home near Market Drayton following a surge in demand post-lockdown.
A combination of those who were previously planning to move, people reassessing their housing needs after spending more time at home, plus changes to Stamp Duty have kick-started the housing market across the UK.
At Brook Meadow in the Staffordshire village of Loggerheads, Elan Homes has secured a flurry of sales with buyers eager to move.
Marie Morris, sales director for Elan Homes in the North, said: “In the first month since re-opening Brook Meadow we’ve sold five new homes, to a mix of people who’d previously expressed an interest in living here and those who had enquired more recently. We’ve also been working with a number of people looking to move and have seen an increase in enquiries after homes priced under £500,000 were made Stamp Duty-free.
“In many cases people have already visited our website, taken virtual tours of the show homes and know exactly which home they want to buy before they contact our sales team. The changes we’ve introduced in the wake of COVID-19, including moving to an appointment only system for viewing the show homes, have been embraced by purchasers as it means they’re able to look around uninterrupted.”
Current prices at Brook Meadow start from £214,995 for a three-bedroom semi-detached home, with four-bedroom homes priced from £289,995.
A select number of four-bedroom homes are available with carpets and vinyl flooring, upgraded kitchen, turfed rear garden, plus a £5,000 deposit contribution and £1,000 towards legal fees.
Homes at Brook Meadow are eligible for Help to Buy, which is exclusive to new build properties. The Government-backed scheme offers buyers the chance to take out an equity loan for up to 20% of the price, interest free for five years. It’s currently open to first time buyers and those who have sold an existing property subject to contract. From next April it will be restricted to first time buyers, with regional price caps.
“There’s perhaps never been a better time to buy a brand new home. The combination of the Stamp Duty holiday, our offer to contribute towards the deposit and legal fees, plus Help to Buy could save buyers around £10,000,” Marie added.
“This is potentially life-changing as otherwise they may be left living in a home that no longer suits their needs.”
Situated on Mucklestone Road, on the Staffordshire/Shropshire border, Brook Meadow offers the chance to embrace village living. Market Drayton is just a few miles away and is easily accessible, while Stafford, Stoke-on-Trent or Telford are all around 30 minutes away.
The sales centre and show homes at Brook Meadow are open by appointment only, with social distancing measures in place. For more information or to make an appointment call 01630318092 or see the website https://www.elan-homes.co.uk/developments/brook-meadow. The website also includes video footage, enabling buyers to take a virtual tour of the show home.