WJ Law held a “Home Buyers Workshop” on the 23rd October to assist buyers. Along with the homes to view, the builders, and the suppliers (such as the Kitchen manufacturers) were Mortgage experts to assist with the Smartmove Scheme, and help with how to buy through N.I. Co – Ownership, with no deposit.

Under the new Smartmove scheme, WJ Law defers 10% of the house price for up to 10 years. Along with the buyers 10% deposit, this makes the mortgage a maximum of 80% Loan to Value. So not only is there help with the deposit, the monthly payments are less too. Paying for only 90% of the house, gives buyers that little bit of extra help in the early years, as the 10% deferred payment to WJ Law is free for 2 years, thereafter a fixed interest rate of 5% APR will apply. Buyers will pay WJ Law 10% of the house value at the end of 10 years, or when the house is sold, whichever comes first.

Renowned for the Country Georgian character of many of their award winning schemes, WJ Law has consistently been at the forefront of innovation in the local housing market. Speaking at the launch of the new Smartmove scheme, Managing Director David Law said; “We have seen the cost of renting far exceed the cost to buy, simply because people could not get the deposit together. Working together with the Halifax we have the answer; luckily for us the answer includes buying one of our homes!”

Full details of the scheme may be found at www.wjlaw.co.uk/smartmove
Or with the Agents: Pinkerton Murray 028 9147 9393

At Ballantine Garden Village, Lisburn, site manager Michael Poole has once again been recognised as one of the leading House Builders in Northern Ireland. As a key member of W.J. Law, who have been building quality since 1903, Michael is excited about the NHBC showcase event, and hopes once more to achieve further industry recognition.

At Ballantine, W.J. Law have again come up with ways in which home buyers can both get on to the housing ladder, or move from another property. In conjunction with Northern Ireland Co – Ownership, it is possible to buy at Ballantine with no deposit, as long as the property chosen is under £175,000. At Ballantine, this means that buyers can purchase with no deposit from as little as £410 per month, or £100 per week. In other developments of W.J.Law this comes down as low as £80 per week.

For properties over £175,000, there is the smartmove 2 move scheme, where buyers can get a mortgage through the Halifax, who pride themselves in their high approval rate. Buyers here only need a 10% deposit, as the Smartmove 2 buy scheme provides another 10%, meaning the mortgage is only 80% instead of having to pay interest on 90%.

,p>Commenting on the above, Philip Convery of The Mortgage Shop in Lisburn said, “The award is a great credit to Michael once again; allied with the affordable prices, and the mortgage help they and we can offer, W.J. Law is once again proving to be market leaders”

Now WJ Law, one of Northern Ireland’s leading housebuilders, has teamed up with the Halifax to offer first time buyers a unique scheme that allows them to buy with only a 10% deposit. What’s more, the lending requirements of the Halifax are less onerous than many other lenders, which will make affording a new home within the reach of many more buyers.

Under the new Smartmove 2 scheme, WJ Law defers10% of the house price for up to 10 years, making the mortgage a maximum of 80% Loan to Value. Paying for only 90% of the house, gives buyers that little bit of extra help in the early years too, as the 10% deferred payment to WJ Law is free for 2 years, thereafter a fixed interest rate of 5% APR will apply. Buyers will pay WJ Law 10% of the value at the end of 10 years, or when the house is sold, whichever comes first.

Renowned for the Country Georgian character of many of their award winning schemes, WJ Law has consistently been at the forefront of innovation in the local housing market. Speaking at the launch of the new Smartmove scheme, Managing Director David Law said; “We have seen the cost of renting far exceed the cost to buy, simply because people could not get the deposit together. Working together with the Halifax we have the answer; luckily for us it includes buying one of our homes!”

Full details of the scheme may be found at www.wjlaw.co.uk/smartmove

“The big thing is how much you can get for your money now” explained David Law. “We have noticed that there is an excellent demand for homes with 4 and 5 bedrooms; most of our homes also have a vaulted ceiling living room off the kitchen which buyers just love. It’s a long way from a few years ago when it seems that all one could buy were tiny apartments. We have noticed that it is the larger homes which are selling well, where there is tremendous value for money – Luxury on a budget!”

With 5 bedroom homes from £175,000, coupled with the award winning finesse which WJ Law bring to the table, house buyers are in a great position to get the move up which was previously unaffordable.

Mortgage experts have an interesting angle on this point: Phil Convery, Senior Advisor in the Mortgage Shop in Lisburn makes 3 points:

“First in days gone by, the difference in homes buyers were moving to might have been £100,000; now that PRICE TO CHANGE might be only £25,000. Secondly are the interest rates: with the Bank of England keeping interest rates at record low levels, this price to change is even more affordable. Thirdly we see from national figures that prices are starting to rise. Some of the resale stock may be still mis-priced, but the fear of falling prices when buying a new home has gone from the buyers I meet.”

WJ Law have achieved industry wide recognition for their highly attractive homes, such as the fairytale cottages, and the setting in which the homes are built. Indeed, interested parties have recently been able to get a flavour of some of the interesting goings on via the WJ Law facebook page

With 2 developments in Bangor, Lisburn, Banbridge, and Dromore, and monthly mortgage payments from £160 using “Smartmove;” the move up for less is within the reach of many.

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The beautiful Fairytale Cottages are priced from £99,999 under the unique ‘smartmove scheme’ where the buyers have their 25% mortgage deposit paid for them by the developer. The 25% is free for 2 years after which a 4% charge applies, and it has to be paid whenever the house is sold, or within 10 years, whichever comes first.

The Fairytale Cottages are market leading, and combine all the benefits of a brand new home as far as being roomy, and very cheap to heat.

It is the appearance which is the real showstopper however, with most of the ideas inspired by iconic architects of the early 19^th century, such as John Douglas and John Nash, designer of Regent Street, Buckingham palace and our own Shanes Castle.