Why rent when you can buy?

Why rent when you can buy?

26/01/2018

Family settle in to their new home at Foresters Gate, Swadlincote. 

When Josh Curtis and Sharlie Curtis started looking to move out of their rented home, they did not realise that buying their own place would actually save them money.

The couple, who are both aged 25 and have a young child, bought a two-bed ‘Avon’ house at Cameron’s Forester’s Gate development in Swadlincote.

They were previously paying £550 a month in rent for an older property in Church Gresley, five minutes away, and their monthly mortgage payment now is £382.

“We lived in a cold, damp house and we just fell in love with the Cameron property when we saw it,” said Josh, who is a manufacturing operations technician. 

“It’s well designed, warm, a perfect size and we could just picture ourselves living here. Having no garden didn't really bother us due to us always spending time outside in the warmer weather months and we have a huge park right next to us.

“Swadlincote, where Sharlie works, is on our door step so we can walk for everything we need.

“And it's a massive saving for us - it's helped us out so much, meaning we have been able to free up the spare cash as renting was more expensive and is just dead money.”

He and Sharlie, who works for JD Wetherspoons, used the government-backed Help to Buy scheme, which offers up to 20% of the property price as an equity loan, to purchase their new house.

“That has helped hugely because the deposit percentage was not so high. So the difference of bringing a 10% deposit down to 5% is what helped us decide in buying the house,” Josh explained.

But their final decision was also helped by the customer service they received from Cameron.

“The sales experience was outstanding. Tracy and Angela were supportive, welcoming and helpful, answering any questions we had.

“They explained the Help to Buy scheme to us and offered us incentives including a fridge freezer, dryer/washer machine and curtains and blinds. Also we got financial assistance from Cameron to help with legal fees.

“I would highly recommend Cameron. When it comes to wanting a bigger house we'd definitely purchase another home from them.”

Cameron currently have a range of two, three and four bedroom properties for sale at Forester’s Gate, with prices starting at £139,950.