As one of England's biggest cities, Liverpool is truly one of the most up and coming places to live. With its vibrant waterfront and bustling city centre, there is plenty to see and do, with amenities never too far away. New developments are springing up all over the city, with character properties also available for those who are after a bit more charm.
Shared ownership
Plenty of offers available in and around Liverpool at the moment to make moving to the city both easier and cheaper. Among them is the shared ownership scheme, which offers buyers a brand new property for a fraction of the cost. Many of the developments offering this in Liverpool do so on a 75/25 basis, giving a joint mortgage for those who are struggling to get on the property ladder on their own. Furthermore, those interested will not have to put down a deposit, again, easing the financial strain of moving to Liverpool.
One of the developments offering the deal at the moment is Rosemount, a selection of properties built by Keepmoat Homes. It has a range of two, three and four-bedroom houses available, which are conveniently located not far out of the city centre. They are also energy efficient, which will help to reduce the overall running cost of a brand new home in Liverpool.
Another option is Hamilton Place in North Huyton, as this currently has two and three-bedroom homes on the market. It is even closer to the city, making it easy for those moving to the area to get involved in the hustle and bustle of city life. Property prices range between £102,950 and £149,995, although these can be made even more affordable through the shared equity scheme offered by SmartNewHomes.
Homebuy Direct
The government's Homebuy Direct scheme is another option for those thinking of buying a new home in Liverpool for less. Providing they meet certain criteria, property hunters pay 70 per cent of the property's value, with the remaining percentage repaid over a 25-year period. This is the case unless it is transferred to another owner, which would then mean the loan has to be repaid. With more funding recently assigned to the scheme in the Budget, this could prove a great option for those looking to move to Liverpool.
The Point in Deysbrook Lane is providing the opportunity to buy through Homebuy Direct at the moment and has an excellent selection of three, four and five-bedroom properties. It is said to be the ideal place for families to settle, namely because it has great access to schools and other amenities.
For those in search of a sense of community with their new property, Morris Homes' Waterside Village could prove the perfect place as it has a number of homes to suit every taste and budget. What's more, it is said to benefit from the traditional values of an English garden village and has open green spaces amid an otherwise urban environment.
See Also: Property News (5994)
Date Published: 15 June 2009