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Stories / It’s never been easier to buy at Port Loop thanks to new 5% deposit scheme

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Blog by Evangelina Hogan

It’s never been easier to buy at Port Loop thanks to new 5% deposit scheme

05 April 2022

When buying your first home, saving for the initial deposit can often be the biggest hurdle. So, as a spring boost, we’ve decided to make it a little bit easier for first time buyers at Port Loop in Birmingham by launching an exclusive 5% deposit scheme.

This coincides with the release of our new two-bedroom, two-storey Row House homes which give purchasers all the benefits and kerb appeal of our sell-out Town Houses, (such as sustainable design, bright rooms with oversized windows and a contemporary, Scandinavian appearance) but they have a different striking facade, and start in price from just £310,000.

Open plan living in Row House at Port Loop

So how does the 5% deposit scheme work? It’s pretty simple. In total, you’ll need a 10% deposit to secure a new home at Port Loop but you’ll only need to pay the first 5% when you exchange. The remaining 5% isn’t due until six months after your reservation date.

By splitting the payments, the aim is to help spread the costs and, as a result, give you longer to save for your deposit without missing out on securing your dream home.

Buying Row House at Port Loop has never been easier

It’s not just the cost of our new homes that you’ll love either. With two, three and four bedroom house designs to choose from and a choice of ground floor layouts, there’s something to suit everyone! Plus, outside, homeowners have access to a beautifully landscaped communal garden, as well as the one acre public park and easy access to the canal - perfect to enjoy the sunny days ahead!

Our 5% deposit scheme is only available on reservations taken before 31st May 2022 so don’t miss your chance to join our new neighbourhood at Port Loop – we think you’ll love it!

Give the sales team a call on 0121 752 1111 for more information about the new Row Houses and our 5% deposit scheme.

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