Free independent financial advice is on offer for homebuyers in Ross-on-Wye, coinciding with the Bank of England’s latest base rate review. The Edenstone Group is hosting a special event on Sunday, November 5, at St Mary’s Garden Village where experts from Asset Mortgage Solutions will demystify the mortgage process.
Sales director Adele McCoy shared the motivation behind the event. “People considering buying a home will be wondering what the Bank of England interest rate review on November 2 will mean to them,” she said. “Independent financial advisers will be here to help buyers assess their finances and work out how much they can afford to borrow, what price homes are within their budget and the right mortgage product for their individual circumstances.”
The properties at St Mary’s Garden Village range in price, offering something for almost everyone. For instance, a 50 per cent share of a one-bedroom maisonette starts at £92,500 via the HomeReach shared ownership scheme. On the open market, two-bedroom semi-detached homes begin at £250,000, while four-bedroom detached designs go up to £499,995. Some properties require as little as a 5 per cent deposit, making it easier for prospective buyers to enter the housing market.
Located on the outskirts of Ross on Wye, St Mary’s Garden Village is offering various facilities. These include a play area, formal garden, allotments, walking and fitness trails with equipment, a net-zero energy community hub with a gym, kickabout area, and cycle-hire.