Development has arisen in the Southampton area with a first look at the new homes coming to the Meridian Waterside. Previously known for the Meridian TV Studios, the site has had a huge £40m improvement project set in place. The development will see 350 new homes built ranging from one, two and three bedroom properties. They are set to be in extensive courtyard gardens, hoping to build a community by including shops and parks. The project will be a mixture of help-to-buy and privately owned flats.
First time buyers are instantly attracted to newly built homes. This is partly due to everything being brand new and the options to pick and choose individual fixtures and fittings. When it comes to getting a mortgage for your new home, there is only one real difference. Developers can require exchange and completion in a very short timescale, which means that all aspects of your mortgage are required at their discretion.
At The Contractor Mortgage Company we pride ourselves with providing our clients with cost effective, award winning independent advice. Our mortgages are based upon your current contract rather than the number of years you’ve been working. As a professional and customer focused company, we typically get our clients a 40% larger mortgage in comparison to an average high street bank. If you’re interested in a mortgage for a new build property, and require an efficient, friendly service, get in contact with one of our advisors today.