Affordable Homes For Sale At Seaside Resort

Published by Michele for Orbit First Step in Housing

Life could be a beach for those seeking an affordable new home in the seaside resort of Hillborough, near Herne Bay. Orbit First Step is offering the final three of its superb properties at appealing prices at The Metric Site Development in Herne Bay - the second phase in its successful Hillborough Farm Development and you can find out more by visiting the company’s open event between 10am and 3pm on Saturday 18 April. Visitors will also have the opportunity to enter a free prize draw to win a £50 shopping voucher.
All the properties – two 2-bedroom apartments and a 1-bedroom apartment – are being offered under the New Build HomeBuy scheme which enables people to purchase a share of the property. Most purchasers will need to raise a mortgage to purchase their share (prices start from just £21,250 for a minimum 25 per cent share), and then pay rent on the remaining share. They can also purchase additional shares in the future, if they wish, until they own the property outright. Orbit First Step estimates that these properties will be affordable for anyone with a household income from £10,922.
Alternatively, Orbit First Step is promoting its Rent to HomeBuy scheme at this development. Giving you the opportunity to rent your home at a discounted rate while saving to buy it, the Rent to HomeBuy scheme allows you to move into the property you want to purchase straight away as a tenant and save 20 per cent against the current market rental rate. If you take up the scheme now, you will pay a monthly rent of just £450, which is extremely competitive and will enable you to save for a deposit – one of the major hurdles for first time buyers.

Part of the Orbit Group, Orbit First Step will even match the savings made by buyers whilst renting the property – effectively doubling the level of deposit they can put down on the property which they can later buy through the New Build HomeBuy scheme (up to an amount equivalent to five per cent of the value of a 50 per cent share in the property).
Terms and conditions apply.
Built to a high specification, each apartment includes double glazing, fitted carpets and a fitted kitchen with integrated oven, hob and cooker hood, and a fridge-freezer.

Orbit First Step’s Sales and Marketing Manager, Karen Coleman said: “Many people who come to our open events are surprised to find that they are eligible to purchase a home through our affordable housing schemes. So if you’ve been struggling to get on the property ladder, it really is worth coming along to find out more. We only have three properties left and because of their delightful location, just two miles east of the town centre and around a mile from the seafront, and with convenient access by train to London for those who need to commute, we anticipate that there will be a huge demand for these homes and would urge you to come along and register your interest – it could be the best move you’ve ever made.”

If you are unable to attend the event but are interested in finding out more about the properties available at Neville Way, or at alternative locations in the region, please call Orbit First Step’s friendly sales team on 03458 50 20 50 or visit www.orbitfirststep.org.uk.