Great chance to purchase a brand new Apartment in Liverpool City Centre from only £57,500 *

There has never been a better time to beat the credit crunch at its own game take a look at shared ownership in the heart of Liverpool City Centre.

With many buyers finding it difficult in the current credit crunch climate, you could soon be looking forward to moving into your brand new apartment, without the cost of a full mortgage.

The Regenda Group, one of the leading housing associations in the North West, can make the home you want become a reality through the Homebuy shared ownership scheme.

Whether youre starting on the property ladder or simply cannot afford the home you want, the shared ownership scheme offers you the chance to own the home of your dreams but also ease financial burden.

There has never been a better time to look at purchasing a new apartment in The Foundry which is located in the heart of one of Liverpools most desirable locations, the famous Ropewalks area and through Homebuy shared ownership scheme you can purchase from only 50% of the cost of a brand new apartment and rent the rest until you are in a position to own your home 100% outright.

Shared ownership is for people who want to own a home but cannot afford to buy one outright on the open market in their local community or area. A mortgage for their share of a home is more accessible than for the full 100% of the property value. However buyers do have to pay rent on the remaining share plus a service charge is also payable.

Interested buyers also have the opportunity to staircase or buy more shares over the 50% or 75% they originally purchased, thus reducing the amount of rent to be paid. These stunning apartments comprises of everything you could want when living in Liverpool City Centre. The apartment offers an open plan lounge / dining / kitchen area.

The fully fitted kitchen comes complete with stainless steel fittings and appliances including fridge/freezer, washing machines and oven, hob and extractor fan. The apartment is also carpeted throughout with non-slip flooring to the kitchen and bathroom.

A security intercom system is fitted and some of the apartments retain their original features. Bill Taylor, Executive Director for The Regenda Group said, This is a fantastic opportunity for someone to buy an apartment in the heart of Liverpool City Centre.

A range of apartments are available through Homebuy shared ownership, which is aimed at giving more people the chance to get onto the housing ladder in the area when prices are high and prohibitive.

It means any interested buyer would only need to secure a mortgage on 50% of the total value of the property and then would pay monthly rent to the Regenda Group on the remaining share. A range of 1 and 2 bedroom apartments are currently available from £57,500 for 50% Homebuy shared ownership and from £86,250 for 75% Homebuy shared ownership.

Monthly rent and service charge apply. For further information call The Regenda Group on 0151 707 2151. To view all the properties available in Liverpool click onto www.regendahomes.co.uk.

*From 50% and 75% Homebuy Shared ownership is subject to eligibility and terms and conditions available on request. Monthly Rent and service charge is also payable. 100% mortgage available on either 50% or 75% share purchased subject to terms and conditions.