02 August 2019

Gen Z Buyers Save Deposit In Record Time

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On average it takes most homeowners two years to save for a 5% deposit* but for first time buyers, Hannah and Sam it took just six months to save for their dream home with Countryside.

Hannah (23) and Sam (26) are now getting ready to move into their brand new three-bedroom Ellesmere at Countryside’s popular Wren Green development in Bamber Bridge, thanks to the Government-backed Help to Buy scheme. Prices at Wren Green start at just £181,995. 

Sam commented: “We’d originally planned to buy our first home in early 2020, thinking we would need the extra time to get our deposit together. We’ve been saving really hard, living at home, cutting down on takeaways and nights out but when we spoke to Countryside we realised we could buy far sooner than we thought.

“We received a few extra incentives with our new house like kitchen appliances and flooring, and this has helped us so much. It has allowed us to save on those extra expenses, such as buying the appliances and made it so much easier for us to move sooner.” 

Hannah continued: “We didn’t start looking until February and by May we had paid the first half of our deposit. We really didn’t expect to find somewhere so quickly but the Ellesmere was the first home we walked into and said ‘WOW’! We knew the specification was too good not to go for it.”

Hannah and Sam used the Government-backed Help to Buy scheme to buy their dream home and are now looking ahead to starting their new life in Bamber Bridge at the end of the Summer.

Hannah added: “As first time buyers we knew we were going into the whole thing blind but the support of the team at Countryside has been amazing. They have explained everything and they’ve been there to help us along the way. Everything Countryside has done for us has allowed us to move into our new home as quickly and easily as we can.” 

Deborah Hughes, Regional Sales and Marketing Director at Countryside, said: “We know that buying your first home can be quite daunting, which is why we aim to make the process as easy as possible. From the added extras to the team being on hand to answer any questions and explain everything, we want our buyers to feel completely at ease when buying a new home. 

“It is great to hear how Hannah and Sam were able to buy their first home as fast as they did and we’re so pleased that Countryside was able to make a significant difference to their experience and help build the excitement of buying their first house together.”

For more information about the new homes  at Wren Green visit www.wrengreen.co.uk, call 01772 970 845 or visit the sales office, Thursday to Monday, 11am to 6pm at Wren Green, Wesley Street, Bamber Bridge, Preston, Lancashire, PR5 6NN. 

*Source: https://www.bankrate.com/uk/mortgages/how-long-does-it-take-to-save-for-a-deposit/