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Affordable Homes For First Time Buyers And Key Workers

Press release May 16, 2008 Homes & Gardens

Assistance for Key Workes and First Time Buyers means new homes are very affordable.

Press Release - For Immediate Publication

  • West Berkshirebased  property developer Renaissance announceseasyhomea ground breaking package for First Time Buyers and Key Workers
  • First Time Buyers and Key Workers can own 100% of a new home for as little as 50% of the price
  • Comprehensive additional assistance package available from Renaissance
  • Makes the cost of buying a home highly affordable and virtually risk free
  • Government funds are limited - immediate action required!

Renaissance, a renowned local developer of high quality homes has launched easyhome, a comprehensive package which it has combined with the new Government assistance scheme, MyChoiceHomeBuy. 

Just two weeks ago Renaissance released to the scheme twelve apartments and town houses at Roman Mews, Thatcham.  Interest has been phenomenal and over 70% of the units are now reserved.  

MyChoiceHomeBuy is a fantastic assistance package available from the Government for any First Time Buyer or Key Worker.  The scheme could provide up to 50% financial assistance towards the cost of a new home but unlike shared ownership schemes the buyer will own 100% of their home.  The Government is also offering £1,500 cash-back for the first 2,000 applicants across the UK.

Under easyhome, Renaissance has added a range of important further assistance measures for Key Workers and First Time Buyers to make it even easier for them to buy a new Renaissance Home.  These can include:

  • Additional £1,500 cash back
  • Exclusive additional discounts for First Time Buyers and Key Workers
  • Very low reservation fee of just £500
  • Free expert advice and administration assistance makes the process hassle free
  • Free removals service
  • Free property value protection for up to 3 years

Research has shown that First Time Buyers and Key Workers in Berkshire, Oxfordshire and Hampshire could be losing out simply because they do not know about MyChoiceHomeBuy and easyhome.  For qualifying buyers, this scheme makes new housing extremely affordable and it has never been simpler to apply or a better time to buy! 

People might think it sounds too good to be true, so here are some facts. 

easyhome addresses all of the concerns that a buyer might have in this uncertain market

New homes have never been so affordable:  Under the scheme a new Renaissance home could cost from £74,500 for a 1 bedroom flat or £130,000 for a town house.

Little or no capital required:  The scheme is available specifically to those who struggle with affordability. 

No or low moving in costs: Renaissance will pay for removal costs and give buyers £1,500 cash back.  For early applicants the Government will give an additional £1,500 cash back

Best value: Renaissance has already reduced First Time Buyer and Key Worker pricing by over double the average fall in prices in West Berkshire.*

Worried prices might fall: Under easyhome Renaissance can guarantee the value of any new home for up to three years.

Confused by all the detail: Renaissance's expert team based in Newbury provides free expert advice and assistance, from first enquiry right through to moving into a new home.  This includes processing of applications, assessing affordability, finding a mortgage and paying for removal. 

Quality housing: Renaissance homes at Roman Mews have been built to the highest specifications, which include under floor heating, eco-friendly heat recovery system, very high level of thermal and acoustic insulation, excellent finish, free carpets, free white goods, fitted kitchen, fitted bathrooms (some en suite), high specification double glazing, fitted fire prevention sprinklers, central Sky wiring and ten year building warranty. 

Why buy now?  MyChoiceHomeBuy is the Government's way of helping First Time Buyers and Key Workers get on the housing ladder, but funds are limited and will therefore run out.  

Duncan Crook, Director of Renaissance said "The combination of MyChoiceHomeBuy and easyhome is specifically designed to enable First Time Buyers and Key Workers to buy affordable homes on the open market.  The effect is that it allows those buyers to take advantage of the down-turn in the market by benefiting from a fantastic assistance package and significantly reduced prices to buy very high quality accommodation."  He added, "We've been told that Government funding for the scheme is limited, and Renaissance can only commit a certain number of homes.  That's why we have a team ready and waiting to help people to take advantage before it's too late."

*  source HM Land Registry.

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easyhome enquiries: Renaissance  [email protected]  01635 521133.


Press enquiries: Duncan Crook [email protected]. 01635 521133



About Renaissance:

Good design combined with ecological construction is the corner stone of property development by Renaissance.

By concentrating on innovative redevelopment of previously used urban and sub-urban sites, Renaissance is actively safeguarding the Green Environment whilst at the same time delivering high quality residential and commercial accommodation that reflects modern demand.

Formed in 2004 by its directors Duncan Crook, Sean Bates and Nigel Jones, Renaissance is a young vibrant developer of residential and commercial accommodation.

Renaissance has core competencies in all aspects of property development and is therefore able to control quality at every stage to produce innovatively designed accommodation of the highest standard. The skills directly employed by Renaissance include land acquisition, site assembly, architectural design, planning, health and safety, project management, marketing and after sales client care.

Renaissance is head-quartered in Newbury, West Berkshire, United Kingdom and has a branch office in Portugal.

The company is approved by both NHBC and Premier Guarantee and is a member of the Home Builders Federation.

http://www.renaissanceuk.net/

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MyChoiceHomeBuy is administered in Berkshire by Catalyst Housing Group.  http://www.chg.org.uk/

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