An attractive mortgage market with lower rates is enticing home buyers to Anwyl Homes' new property stretch in Chester, Deva Green.
The 142-home development is being sought for its array of available properties and cost-effective energy efficiency.
Mortgage advisor for Chartwells Mortgages Scott Howitt said: "The inflation rate recently reduced to 3.2%, with the Government and the Bank of England confident that the target of 2% will be met over the course of the next few months, which is encouraging for people thinking of buying a home.
"The mortgage market is becoming more buoyant – we’ve seen an uplift in applications and qualifications too."
He also said: "There are lots of different schemes available with low deposits and high loan to values, with fixed rate mortgages remaining as the most popular products available."
In terms of potential buyers, Mr Howitt perceives that a significant number of first-time buyers are returning to the market.
There is a surge in applications from quality clients, and more available lending options with up to 90 per cent loan to value on new build homes.
Mr Howitt said: "Private rents are increasing, with the average rent in the UK now standing at £1,285pm, meaning buying now and owning your own home with the mortgage options out there is a strong proposition."
Anwyl Homes in Deva Green, competitive prices range from £249,995 for a two-bedroom semi-detached Croxley, comes with the benefits of a minimum Energy Performance Certificate rating of B, making eligible to be purchased with a green mortgage.
Graeme Gibbs, sales director for Anwyl Homes Cheshire and North Wales, said: "Own New Rate Reducer is exclusive to new homes.
"It’s a great solution for first time buyers, families and downsizers alike.
"Through our partnership with Own New we’ll pay a contribution to your lender.
"This means they’ll offer a more competitive interest rate during the initial period of your mortgage and you’ll enjoy lower monthly repayments."
The Deva Green site, located close to Chester city centre, will provide green space for residents.
Show homes and a sales office are open to visitors every day, between 10am to 5.30pm.
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