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FIRSTBUY GETS FIRST TIME BUYERS ON THE LADDER IN KINGS HEATH.

Lovell has announced that it has a number of homes available on its Kings Heath development which qualify for Firstbuy, the Government-backed scheme designed to help people on to the property ladder. Under the scheme, the Government and Lovell contribute a loan up to 20% of the house price, so buyers only have to find a mortgage for 80% of the price and, crucially, a significantly smaller deposit.

"We're delighted to be able to bring Firstbuy to The Edge development in Kings Heath, "says Lorraine Kendrick, regional sales manager for Lovell. "Mortgages and large deposits are so hard to find for first-time buyers at the moment but this scheme can make a huge difference. It makes first time buyers money go further and brings the dream of owning your own home within reach at last."

The deposit first-time buyers will be asked to find will be a fraction of what banks and building societies would usually demand. For example, Lovell has two wonderful Padbury three-storey, three-bed mid-terrace homes available. These cost £176,950 but only £141,560 under Firstbuy. The 5% deposit is therefore just £7,078.

Despite paying only 80% of the cost up front, buyers will still own 100% of their new home.

The Edge is located just off the Alcester Road South. Kings Heath High Street and all of its amenities and entertainment are just a short distance away. Visitors are very welcome to go along to The Edge development from 10am until 5pm daily. Please call our Sales Advisor on 0121 430 5578 for more information.

UNIQUE HOME PERFECT FOR GROWING FAMILIES

With its inventive and unusual design, the Padbury townhouse is ideal for families looking for something a bit different. This new home is available at Lovell's The Edge development in King's Heath, where new houses are selling fast. Being built into the side of a slight slope, the living room on the first floor actually opens out into the attractive private garden. Also on this floor is a very large, bright and airy kitchen with room for a dining table in front of the patio doors, which open out on to a small balcony.

The ground floor is where many families have fallen in love with the house. The front door opens into a substantial entrance hall, with a shower room immediately off the hall. The main room on the ground floor can easily become a semi-independent space for an older child or a grandparent. Equally, it is perfect for house-sharers or lodgers. For those just looking for more space and some flexibility, the room would be ideal as a study or guest room.

The remaining bedrooms, on the second floor, are also an excellent size. The main bathroom completes this floor.

The Padbury townhouses are available from £176,950. They are carpeted and have high–quality Haden fitted kitchens featuring Porcelenosa tiles and Bosch appliances. Lovell is able to offer a range of products to help buyers make their move, including Match and Move, a 10–year interest free loan that makes mortgages more affordable. Under Match and Move, Lovell loans buyers up to 10% to match their deposit – and this loan is interest–free for up to 10 years. Other excellent incentives are available too.

The Edge, which also has apartments for sale, is located just off the Alcester Road South. Kings Heath High Street and all of its amenities and entertainment are just a short distance away. Visitors are very welcome to go along to The Edge development 10am–5pm each day. Call 0121 430 5578 for more information.

CELEBRATION WEEKEND AT THE EDGE AS NEW SHOWHOME OPENS

With its inventive and unusual design, the Padbury townhouse is ideal for families looking for something a bit different. This new home is available at Lovell's The Edge development in Kings Heath - and potential buyers can now see it at its best as a Padbury showhome opens this weekend.

Visitors who come along this weekend to see the new showhome will be able to receive financial advice and discuss all of the new schemes Lovell has to help people buy their dream home. Lovell will be celebrating the opening of its new showhome with a number of very special offers for visitors who reserve their new homes this weekend.

The Padbury is an interesting design, not least because it is built into the side of a slight slope, so the living room on the first floor actually opens out into the attractive private garden. Also on this floor is a very large, bright and airy kitchen with room for a dining table in front of the patio doors, which open out on to a small balcony.

The ground floor is where many families have fallen in love with the house. The front door opens into a substantial entrance hall, while the main room is the second bedroom. With a shower room also immediately off the entrance hall, the ground floor can easily become a semi-independent space for an older child or a grandparent. Equally, it is perfect for house-sharers or lodgers. For those just looking for more space and some flexibility, the room would be ideal as a study or guest room.

The remaining bedrooms, on the second floor, are also an excellent size. The main bathroom completes this floor.

The Padbury townhouses are available at £176,950. They have high-quality Haden fitted kitchens featuring Porcelenosa tiles and Bosch appliances. Lovell is able to offer a range of products to help buyers make their move, including Match and Move, a 10 year interest free loan that makes mortgages more affordable. Under Match and Move, Lovell loans buyers up to 10% to match ttheir deposit - and this loan is interest -free for up to 10 years. Other excellent deals are available too.

The Edge, which also has apartments for sale, is located just off the Alcester Road South, Kings Heath High Street and all of its amenities and entertainment are just a short distance away. Visitors are very welcome to go along to The Edge development 10am - 5pm each day. Call 0121 430 5578 for more information.

SHOW APARTMENT NOW OPEN AT THE EDGE!!

Our fabulous ALLASTON Show Apartment is now available to view.

Wtih only 8 apartments AVAILABLE and 4 SOLD, you need to hurry down to our Marketing Suite for further details.

We have a selection of incentives and packages to suit everyone, especially are new Firstbuy Scheme so contact our Sales Advisor TODAY on 0121 430 5578!!

SHARED EQUITY OFFER ON NEW APARTMENTS AT THE EDGE

The first apartments for sale released at The Edge.

Lovell has released the first apartments for sale at its popular development on the Kings Heath border with a shared equity offer which enables them to be purchased for 80% of their advertised price.

Situated just off Alcester Road South, The Edge is an attractive development with a mix of two and three-bedroom homes. The newly released two-bedroom apartments, which range from £116,950 to £119,950, occupy a prime location, overlooking an area of open space.

Under the shared-equity scheme, to purchase the home, the buyer needs to pay a 5% deposit and then find funding for 85% of the price of the apartment. The remaining 15% is covered by an interest free loan from the company. The beauty of the scheme is that the loan can run for 10 years, or until the property is sold if that is sooner, with no monthly repayments involved.

At the starting price of £116,950, the shared equity purchase price would be £99,408 Sales Advisor Sandra Chatterley says: “These are lovely apartments and offer great value for money. They are spacious and well designed. They will certainly appeal to first time buyers, particularly with the possibility of a shared equity purchase as this brings the deposit down to under £5000.”

All of the apartments have spacious living/dining rooms with well-designed open plan kitchens, two double bedrooms and a shower room. Most also have an additional en-suite shower room to the master bedroom. Kitchen specifications include built-in oven, hob and extractor hood plus a washer/dryer. Two plots that Sandra highlights are the Ashburtons: “These apartments have a spacious private balcony opening off the living room. These balconies will make lovely sitting out areas in the summer: I expect these to be the first plots to go.”

The Edge is close to Cocks Moor Golf Club and Leisure Centre and in an excellent position to access the motorway network. Full details of the development are available on www.lovell.co.uk/theedge. The sales office is open from 10.00am to 5.00pm, Thursday to Monday and can be contacted on 0121 430 5578.

(23 February 2011)