As mortgage rates fall, now is the time to buy

Home buyers in Bournemouth prepare to snap up some great deals.

As lenders continue to reduce their rates and a price war ensues, now is proving a great time for those looking to step onto the housing ladder.

With many lenders offering some of their lowest rates in years, home buyers are being urged to act quickly if they are to capitalise on the current market conditions.

At the popular Citrus Building in Bournemouth, buyers can chose between an impressive selection of studio, one, two and three bedroom apartments, with prices starting from just £125,000. These great prices, coupled with the range of competitively priced mortgage rates currently available are helping to finally make homeownership a reality for many.

In addition, The Citrus Building has joined forces with The New Homes Group to offer its buyers access to an exclusive new Help to Buy mortgage product, which offers low rates and no fees.

Eligible buyers will have the opportunity to access the new product, which offers a three year fixed rate of 3.19% (one of the lowest three year fixed rates on the market). What’s more there are no arrangement or valuation fees to pay and they are offering £1,000 cash back – making it an attractive option for those looking to get onto the housing ladder.

Duncan Johnston, Development Director, Bournemouth Development Company, said: “This autumn is proving a great time to borrow. There are currently some fantastic rates on the market, making now the perfect time to purchase your new home. With prices at the Citrus Building starting from as little as £125,000 and Help to Buy available across selected plots, we have been experiencing a lot of interest from first time buyers in particular.”

Situated in the heart of Bournemouth’s vibrant town centre, the Citrus Building - an exciting collection of 64 studio, one, two and three bedroom apartments have been proving popular, with over 50% already reserved off-plan. Their beautifully presented interiors and carefully planned living spaces ensure these apartments offer something special, while their enviable location, just a short stroll from Bournemouth’s bustling centre and beautiful beaches, means residents will benefit from convenient access to all the area has to offer.

The exclusive new Help to Buy mortgage product being offered by The New Homes Group is a limited offer. Buyers looking to take advantage of this product when purchasing one of the stunning new apartments at the Citrus Building are being urged to act quickly. Interested buyers can contact the sales team for further information. The sales suite is open Thursday to Monday, 10am – 5pm. For further information or to make an appointment call Stubbings Property Marketing on 01628 482276, email or visit