Couple celebrate stress-free move to landmark housing scheme in Salford
28th October 2014
A young couple have celebrated becoming one of the first buyers on a £650 million scheme which will change the landscape of housing in Salford.
First time buyers Andy Walker, 25, and Sadie Lambert, 24, say they “could not be happier” after moving out of their rented studio apartment in Salford Quays in order to buy a three-bedroom house in Pendleton.
And while many buyers describe moving house as one of the most stressful lifetime events Andy and Sadie have hailed the stress-free, trouble-free experience of moving into a new build home on the Pendleton One development.
The couple, who met while at university in Manchester, used Help to Buy in order to purchase a three-bedroom ‘Dalton’ end terrace which comes equipped with three bathrooms and a generously-sized garden.
Andy, a manager of insurance claims investigations at UK Expert Medical, said: “We hear that moving house can be a really stressful experience, but moving to Pendleton One genuinely was stress free. It was very quick, very easy and it went without a hitch.
“When we went to view the show home a financial adviser was on site and we got approved for a mortgage in about one week. It was so smooth and the financial adviser got the best rates for us and advised us on what banks to go to and then left it up to us to decide.
“The process of buying a new build was unbelievable, we couldn’t ask for anymore. There was no stress for us at all.”
Andy and Sadie, a quality assurance analyst at British Gas, had been paying £475 to rent a one bed studio apartment in Salford Quays and are now paying just £55 more a month on a mortgage for a three bed house.
Andy said: “We originally lived in Salford Quays but this is one of the closest new build developments on the market to Salford Quays.
“At Pendelton One we’re right on the edge of Salford Quays and we can see what they’re doing to improve Pendleton. They’re regenerating the area and it’s up and coming and nice to be a part of it.”
The Pendleton Together project, which aims to breathe new life into the Pendleton area of Salford, will see more than 1,600 new homes built and 1,250 existing homes refurbished. There will also be huge changes across the community including new parks, open spaces and even a community farm.
The Pendleton Together project will also result in the creation of 500 jobs, more than 2,000 work experience placements and job training for more than 3,200 people.
The project is being delivered by Pendleton Together, a consortium which includes social landlord Together Housing Group and building and regeneration specialist Keepmoat.
Andy said the couple’s rental agreement in Salford Quays was coming to an end in October and they were initially looking to rent another property before they come across the showhome at Pendleton One.
Andy said: “The show home sold it to us and buying a new build meant we were able to visit another five times before we made the decision. Making the choice not to move into an existing home meant we could visit as many times as we liked before deciding and there was no awkwardness or inconvenience to anyone.
“We lived in a single studio apartment and now we have a three bedroom home. Our new house gives us a fully fitted kitchen diner, which is very spacious with lots of room and we like the fact that we’ve got three bathrooms including an en-suite with the main bedroom.
“We’ve also got a decent sized garden which came with a shed and a washing line and the house comes with a security alarm.
“We couldn’t be happier. We don’t know what to do with all this space.”
Andy is also thankful for the help they had from the Government’s Help to Buy scheme.
The Government’s Help to Buy scheme offers buyers who have saved a 5% deposit the chance to take advantage of a five-year interest-free loan covering 20% of the value of the property. The remaining 75% of the property’s value will be funded through a mortgage, which Keepmoat can help buyers to arrange.
Andy said: “Help to Buy really does help first time buyers. Without Help to Buy it would have taken us a lot longer to get a deposit but now we can own our own home sooner rather than later.
“Buying our own home was definitely the better option, we’re paying slightly more than we were in rent, but we’re getting so much more for our money and we’ll own our house at the end of it.”
For more information visit www.pendletontogether.co.uk or Pendleton Together on facebook.
For further information contact Stewart Pimbley of IPB Communications on 0161 9761414 or by email at email@example.com.