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‘Try before you buy’ bid to boost sales at Blackburn housing development


PROSPECTIVE home buyers on a new development are being offered a unique “try before you buy” scheme in a bid to encourage sales.

Bosses at the Lock 54 project in the Infirmary area of Blackburn at the former hospital site have launched their sales office at the location.

The first new residents are set to move into their homes in mid-February.

Places for People, one of the UK’s largest housing and regeneration groups, are offering 131 new properties on the site, which are made up of one to four bedroom houses and two bedroom bungalows, some of which are adapted for people with disabilities.

A spokesman said: “There are several different ways to buy or rent a home at Lock 54.

"Places for People representatives and a mortgage advisor will be on hand at the show home opening to discuss the options open to would-be homeowners, which include ‘try before you buy’.

“This scheme gives people the chance to rent a home from Places for People, following which they can decide to buy the property - and use the rent they’ve already paid (up to a maximum of 12 months) to go towards their deposit.”

Comments(3)

willybob says...
5:34pm Fri 30 Jan 09

who in their right mind would want to live in blackburn.

disgusted tunbridge wells says...
8:50pm Fri 30 Jan 09

If I lived in a Third World Country I would love to live in Blackburn, I wouldn't have to work and everything would be free, housing, spending money, health care, schooling. I could have as many kids as I wanted and in fact the more I had the more money and bigger house I would get. I would have so much spare cash I could send money home and have the biggest telly in the shop. Praise be to Blackburn, I think I'll invite my mates over as well

Blondie says...
10:45am Sat 31 Jan 09

Like many new builds in this area offering these incentives the buyer will probably be in negative equity for years as the prices do not reflect value for money because of the surrounding area.

Part buy part rent way back in the eighties was a nightmare with many homes reposessed.

Buyers need to seriously do their homework before investing in these so called incentives.

IMHO if you can't save to put down a deposit then in reality you can't afford to buy and that has been the rule of thumb since the year dot.























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