With house prices in Northern Ireland rising 7.5% in the past 12 months (Office of National Statistics) and the RICS stating that there is a shortage of new housing stock causing further predictions that the local and national housing markets will see further increases in the coming year and beyond, then there has never been a better time to get on the property ladder.
As financial and housing markets have normalised, mortgage lenders have become increasingly confident and more willing to lend.
The Northern Irish market now benefits from lenders offering ‘help to buy’ schemes for new build properties in the North. This means that first time buyers can benefit from 95% mortgages on new build properties.
The Keady-based development of Mulcreevy, has just released a number of 3 bedroom semi-detached and traditionally built homes at affordable prices.
Located on the outskirts of Keady, just 15 minutes south of Armagh city, Mulcreevy sits in a semi-rural setting with outstanding views of Granemore, Armaghbreague, Ballymacnab and Clady whilst still being only a short walk from the town centre.
Boasting a 1073 feet square floor area, the 3 bed room semi-detached homes at Mulcreevy Park are spacious yet maintaining a homely feel with scenic views of the countryside and easy access to the numerous local amenities. For more information, or to arrange a viewing, get in touch with Fresh Start Homes via email at email@example.com, call on 02837531081 or visit the website www.fshomes.co.uk
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