DISCOUNT MARKET SALE SAVED ONE COUPLE £100,000 ON THEIR FIRST HOME

The homebuying market can feel dispiriting for many first time buyers. The search for a property within budget is challenging and the prospect of a lifetime of renting can be a depressing reality. This was how the future appeared to be shaping up for Alessandro Sottilaro, his wife Hiyori and their young family, who couldn’t have bought a new home without the help of Weston Homes and Discount Market Sale

Italian Alessandro met Japanese Hiyori at language school in London. They continued their relationship long distance from Rome and Tokyo, until they married in Japan and eventually decided to settle where they met, in London. “We wanted children and we both worked but we could not think about buying,” says Alessandro. “Prices were crazy. It all seemed hopeless. So, we rented. Then our landlord’s son wanted to move back into the flat.” The couple were forced to think hard about their next move. Financially, they were not in a great position.

Thinking that buying a new build could be a smart financial move in the long run due to the cost and maintenance involved with older homes, they began looking at new developments with good transport links to central London.

Alessandro continued, “My office was in Barking. I am based there – so I started looking in the area. I liked the apartments at Abbey Quay by Weston Homes but we could not afford one. Then I found a scheme run with Weston Homes and the local council, called Discount Market Sale. I thought, ‘Wow!’ It offered a 20% discount. With this we could afford one of the flats.

“We needed three bedrooms and by saving £100,000 by using the discount, we could afford it. We went directly to the showroom, met the sales consultant and within five minutes we wanted one of the homes. We bought immediately. We love the flat and my wife is just incredibly happy. It is absolutely fantastic. It will be ready in spring 2023.”

Discount Market Sale is currently available on selected Weston Homes’ properties at The Venue, Hayes; 1023 West, Brentwood; and Abbey Quay, Barking. Eligibility criteria apply and there may be additional restrictions around your earnings and locality to the area but it varies – the sales team can advise to see if you qualify.

Eligible buyers can purchase the property with a discount of 20% off the purchase price and when you come to sell, the saving remains in place for the lifetime of the property so that future purchasers can benefit from it too. You can get a normal mortgage and need between a 5% and 10% deposit depending on your choice of lender. You still benefit from house price increases and as you pay down your mortgage your equity stake will increase as normal.

Alessandro, Hiyori and their children have a new home that gives them the kind of future they had begun to think would elude them forever. Alessandro said, “It is a huge step forward and is incredible to know that it is ours. It is such a big achievement.”

Weston Homes is an award-winning developer building new and converted one to four bedroom luxurious homes across London and the South East from £199,000. Every home is finished to an exceptional standard, with sustainable technology throughout and the smallest details carefully considered to provide buyers with the very best in modern living. In Weston Homes you can find a developer you can trust and a home you will love.

For more information contact Weston Homes on 01279 873 300, or visit weston-homes.com for development-specific information. Marketing suites and show homes are open daily from 10am to 5pm