Local independent estate agents, Austin and Roe, have put together a guide for those wanting to climb onto the property ladder in Stone.
[divider style=”solid” top=”20″ bottom=”20″]
Getting on to the property ladder is one of the most important things in adulthood and for a lot of people, getting that deposit, especially in the current climate, with energy bills, council tax, and the cost-of-living rising can be rather tricky. We know that the day you pick up your keys to your first home is a feeling like no other, so being guided through this process by the right agent is of extreme importance.
In Stone and the surrounding areas, there is a wealth of different properties available for a first-time-buyer, these include semi-detached and terraced properties on the Priory Estate, townhouses on Aston Lodge, Victorian Terraces at Stonefield, shared ownership properties on the new Udall Grange Estate and much more.
In 2021, the government thankfully reinstated the 5% deposit option, to help people get onto the property ladder. This saw a surge in buyers, which has in turn, seen a rise in house prices, and increased demand for property dramatically. The market at the moment is very lucrative, “a seller’s market”, buyers are queuing up for any properties in their price range. We note this is usually up to about £250,000.00. Also, with developers coming into Stone, for example, phase 2 of the Udall Grange Estate is currently being built, offering help to buy schemes for first time buyers, such as shared ownership properties, this means you part rent part buy the property and are given the opportunity to purchase the percentage you rent from the developer in the future.
Here in Stone, buyers have several options when choosing a property to suit their needs. From old Victorian Terraces to luxury apartments and Detached New Builds, Stone has everything from character to contemporary. Not to mention the fabulous food and drink scene!
Not only do we guide buyers through the process from the very first viewing – we can introduce Mortgage Advisors and Solicitors in the area, ensure not only first-time buyers, but all buyers and sellers get the most efficient buying or selling experience.
If you are wondering whether to get yourself on that ladder. Do it! The sooner the better. If you need any advice on how, or are wondering how much you can lend, or even how much you need to budget for the conveyancing process, call our Stone, or new Eccleshall office on 01785 338570 (Stone) or 01785 594199(Eccleshall). We are here to help with all of your property needs.
