A new scheme has been launched to help first time buyers. The collection of one and two bedroom apartments are situated amongst Bristol’s exclusive bars, easterlies and independent shops.
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00:00 Located in Bristol city centre, UK, Artisan's Everard Printwork is a collection of one and
00:06 two bedroom apartments sitting alongside leisure, office space and a hotel, whose grand entrance
00:12 is framed by a grade two listed building.
00:15 And I am here today at the Everard Printworks building to chat to their team about a new
00:21 scheme to help first time buyers.
00:23 We've got a new incentive for buyers, more specifically first time buyers, whereby they
00:30 can try before they buy.
00:32 So our client is saying that basically they can rent the property from them for a period
00:38 of six to 12 months.
00:40 That money will go into an account and if they decide at the end of that set period
00:43 of time that they want to purchase the property, that money that comes in every month will
00:49 go towards a deposit for them.
00:52 The cost of living crisis has had a massive impact on those hoping to hop onto the property
00:56 ladder.
00:57 Let's find out from their team how this unique scheme can help those who want to buy for
01:03 the first time.
01:04 It's going to be challenging for young people at the moment to get on the housing ladder.
01:09 And so actually comparatively, that's the lower scale for city centre property, so it's
01:15 ideal for younger buyers.
01:16 And this is just a way of helping them out to get on that housing ladder.
01:21 And also rents are very expensive as well.
01:24 So if they're moving here from their own home city, it's very difficult to save up for a
01:30 deposit.
01:31 So this incentive I think will really, really help.
01:34 There are challenges out there for young people, but this hopefully will be one of the ways
01:38 that we can help them and support them get on the housing ladder.
01:43 So this is actually a new incentive to us as well, which is why we're really excited
01:47 about it.
01:48 Our client actually approached us with this idea, and so we've just decided to run with
01:53 it because it sounds fantastic.
01:54 It's a great opportunity for first time buyers to take advantage of.