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Find a home you can afford at the new Somer Homes website

29th October 2008

Somer Housing Group has launched a brand new website aimed at people looking for affordable housing options.

The site – www.somerhomes.co.uk – has details of all the properties on offer by the Group’s members through the New Build HomeBuy scheme. This allows people to move in to a new home that they part-buy, part-rent. They buy a percentage of their home (often 50%) and pay rent on the rest. As their circumstances change, they can buy further shares until they own their whole home.

Some developments have homes available through ‘Rent to Buy’. This new scheme is aimed at people who can't afford a mortgage, can't get a mortgage or have simply been put off purchasing in the current economic climate. They can get the best of both worlds, renting a home at a substantial discount (the rent is calculated at 80% of the local market rent) and at a later date they will be given the first chance to buy the property through New Build HomeBuy.

The site has properties available now in Bath and North East Somerset, Bristol, South Gloucestershire, Cotswolds, Mendip, and West Wiltshire.

Sarah Turton, Sales & Marketing Manager, said:

‘This is a very difficult time for people who are frustrated because they want to find a home, but are still having difficulty finding somewhere they can afford or getting a mortgage. We have some great homes for sale and rent and these schemes give you lots of flexibility about how you commit yourself now, with the possibility that one day you will own all of your home, without ever having to move.’

To discuss your options, call the Sales Team on 01225 366307 or email sales@somer.org.uk.

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