The First Time Buyer’s Stamp Duty Holiday ends on 24th March.

Until then, first time buyers do not have to pay any stamp duty on purchases up to £250,000.  At 1% of the purchase price this represents a saving of up to £2,500, meaning you don’t have to save as long to get your deposit together.

If you have been considering buying your first home, this is the ideal time to take advantage of this gift from the Government.

At Thornley Groves Estate Agents we have over 300 properties for sale in this price range across our 8 offices in Hale, Altrincham, Sale, Urmston and Manchester City Centre so wherever takes your fancy, you are sure to be able to find something appealing.

Below is a small selection of the many properties for sale available through Thornley Groves offices which may be suitable for first time buyers

Click the link to find out more about each property and call the Thornley Groves Office closest to the property or email enquiries@thornleygroves.co.uk to arrange to view:

£145,000 – Pineacre Close, Stamford Brook, Timperley - http://www.homesonview.co.uk/Scripts/FullDetails.aspx?CID=THGRALTR&AID=THGRALTR&PID=TAP08396

£144,950 – The Edge, Clowes Street, Salford – http://www.homesonview.co.uk/Scripts/FullDetails.aspx?CID=THORMANC&AID=THGRFORD&PID=TFP07180          

£154,950 – Exmouth Road, Sale - http://www.homesonview.co.uk/Scripts/FullDetails.aspx?CID=THGRSALE&AID=THGRSALE&PID=TSP01276

£165,000 – Leyburn Avenue, Urmston – http://www.homesonview.co.uk/Scripts/FullDetails.aspx?CID=THORURMS&AID=THORURMS&PID=TUP05603

£175,000 – Back Lane, Ashley - http://www.homesonview.co.uk/Scripts/FullDetails.aspx?CID=THGRHALE&AID=THGRHALE&PID=THP08469

Visit our web site for the full listing of all our available properties: www.thornleygroves.co.uk

95% Mortgages Available for First Time Buyers

Buy for a lower monthly Cost than renting without having to have tens of thousands of pounds of deposit saved.

In an exclusive deal with a leading Building Society, Manchester Estate Agents Thornley Groves have access to a substantial fund set aside specifically for First Time Buyers aged 25 years and older to be used on purchases of between £125,000 and £250,000.

Jason Watkin, Operations Director of Thornley Groves Estate Agents which has 8 offices across Manchester City Centre and South Manchester, including prime First Time Buyer territories such as Sale, Urmston, Salford, Altrincham and Manchester’s trendy Northern Quarter, confirmed that for the last few years First Time Buyers have been prevented from getting on to the housing ladder by the strict criteria adopted by most lenders where buyers need to have circa 25% saved as a deposit before lenders will even look at their application.

Jason commented that Sales volumes  in Manchester City Centre and the suburbs have picked up noticeably year on year, sales in the city centre are running at twice the level of this time last year, mainly due to a reduction in prices and the fact that the market has clearly stabilised, another factor is that the cost of renting has increased dramatically during the last year as fewer new build properties have been built and sold to investors and many tenants are choosing to renew their existing lease as they’ve been unable to buy, this creates a shortage of supply and has fuelled huge rises in rental values. Buying now, even after factoring in the prospect of interest rate rises is substantially cheaper than renting.

It’s easily possible to buy a property and pay less in mortgage payments than you would if you were renting the same property, the barrier until now was that most buyers didn’t have access to a £30k plus deposit, but now with this particular mortgage deal first time buyers with a deposit of just six or seven thousand pounds buyers can get on the ladder.

Anybody interested in learning more about this amazing opportunity to fund a property purchase for a lower monthly cost than renting  should in the first instance contact Chris Collins at Thornley Groves Chris.collins@thornleygroves.co.uk or 0161 905 0207

We are pleased to present a range of brand new apartments for sale in Manchester City Centre that are on the market exclusively with Thornley Groves.

The inspirational new Ingenta development on Poland Street in the Northern Quarter comprises 30 brand new 1 and 2 double bedroom apartments. Prices range from £90,000 for a one bed right up to 2 bed pent house properties complete with roof terraces priced at £169,500.

These stunning apartments are on the market exclusively with Thornley Groves – Manchester’s leading Estate Agents – and will be ready to move into by mid-October. With expected completion now approaching, demand is likely to be high for these unique homes, so please get in contact today to reserve your appointment.

The Ingenta development is situated in the heart of Manchester’s trendy Northern Quarter, an area of the City Centre that has become a renowned hub of alternative and bohemian culture in recent years, boasting vibrant surroundings in a fashionable location.

This modern development continues that tradition, offering attractive and spacious homes at an affordable price, such as this 2 double bedroom show apartment within the building, which is on the market for just £142,500.

Providing 683 sq ft of living accommodation and including its own secure allocated parking space, this is the perfect apartment for the discerning purchaser. Just a few minutes walk from the centre of town you really are at the heart of the city’s bustle with an endless array of shops, restaurants and bars on your doorstep.

All of the apartments within the Ingenta building provide luxurious high spec accommodation throughout with top of the range fittings and fixtures and a choice of flooring to all rooms. With expected completion now within weeks, demand is likely to be high for these unique developments, so please get in contact today to reserve your appointment.

In addition to first time buyers at just £142,500 this brand new property would provide the perfect investment for the buy-to-let market.

Here at Thornley Groves we are experiencing an all time high in the number of tenants currently registered for rentals in Manchester City Centre, and have let dozens of apartments in the run up to the beginning of the new academic year in recent weeks.

For those interested in this side of the market we have a range of apartments to buy in Manchester, and this brand new development provides a perfect example.

At this price we estimate return on investment could be as high as a 6.4 per cent gross yield, and taking into consideration capital appreciation, not to mention the growing interest in this up and coming area of the City Centre, this figure is likely to return an even higher yield in the months and years to come.

At Thornley Groves we pride ourselves on being the best Estate Agents in Manchester and within our services we also offer the highest standard of property management in Manchester City Centre. Our dedicated team of professionals are focussed on taking the stress of Manchester property management off your plate – so that you can concentrate on enjoying your yield!

For more details, please contact Associate Director, Andrew Seldon, directly on 0161 245 1111, or alternatively for an information sheet on the Ingenta development on Poland Street, Manchester please click: http://www.homesonview.co.uk/Scripts/FullDetails.aspx?CID=THORMANC&AID=THGRTIBS&PID=TTP06788.

Want to know how much your home is worth? Book a Free no obligation valuation and marketing consultation with Manchester’s Leading Estate Agents today at: http://www.thornleygroves.co.uk/valuation-request/.

This immaculate 2 double bedroom Manchester apartment is situated just minutes from both Oxford Road Station and the University of Manchester, and is available now for just £125,000!

Due to its central location offering immediate access to all City Centre amenities as well as the University, the Quadrangle, situated at 1 Lower Ormond Street, has become established as one of the most sought after developments in the Southern Gateway of the City Centre in recent years.

Situated on the fourth floor of the Quadrangle building, this property has been maintained to superb condition and comes complete with its very own Juliette balcony.  It comprises dining area, modern integrated kitchen including large fridge freezer, cooker, and built-in microwave; stylish bathroom suite including panelled bath and two good sized double bedrooms.

For those looking for a spot of peace and serenity amongst the hustle and bustle of city Centre living the property enjoys a quiet aspect situated within the views of a communal garden. This really is a fantastic Manchester property which places residents at the heart of City Centre living at an affordable price!

Thornley groves – Manchester’s leading Estate Agents – is currently experiencing its highest ever pool of tenants looking for property to rent in Manchester City Centre, and naturally experiences high volumes at this time of year due to the influx in students looking for accommodation near the City Centre. This property would offer a perfect investment for the buy to let market or indeed a first time buyer looking for a quality central Manchester apartment.

This home is just one in the range of apartments to buy in Manchester City Centre that Thornley Groves has available. If you are looking for property management in Manchester City Centre then we also have a large team of dedicated property management professionals to take away the headache of this aspect of property ownership.

To arrange a viewing, or for more information about properties to buy in Manchester from the leading Manchester Estate Agents, call Thornley Groves Associate Director Andrew Seldon on 0161 245 1100 for a confidential discussion.

For more information click http://www.homesonview.co.uk/Scripts/FullDetails.aspx?CID=THORMANC&AID=THORMANC&PID=TMP05962.

Alternatively, for a free valuation on your own property from Manchester’s leading Estate Agent click http://www.thornleygroves.co.uk/valuation-request/.

The strategy of stimulating the housing market by providing a direct incentive for First Time Buyers to step on the ladder was announced in today’s budget.

 All first time buyers buying a property with a value up to £250,000 will save up to a maximum of £2,500 that they would otherwise have paid to the government in tax. For those buyers struggling to save for a deposit, that will be a massive help. One of the key things we have yet to find out is how long the suspension of this tax for first time buyers will last. If the stamp duty holiday is for a limited period, it will drive first time buyers to take action now; if there is no timetable within which first time buyers have to make their move, it will have little impact.

Meanwhile The Chancellor has confirmed that the tax on properties being purchased at or above £1 million will increase from its current level of 4% to 5%. Many harbingers of doom are saying that this will be a blow to the housing market, but we would argue that it is not a blow. A buyer paying £1,000,000 for their new home was already going to have to pay £40,000 in stamp duty and is now going to have to pay an extra £10,000, probably less than the price of the home cinema they wanted to install.

Meanwhile many vendors keen to sell property at £1 million or above may be more than willing to reduce their selling price by £10,000 to achieve a sale, so it may not cost the buyer any more. However, the effect is a positive one.Buyers and sellers at the top end of the market will be helping first time buyers buy at the bottom and without this activity then none of the market can move forward. After all there are far fewer buy to let investors buying property to release first time sellers to move up the housing ladde, so we need first time buyers to come in and release these first time sellers to drive the middle and upper levels of the market.

All in all, we at Thornley Groves welcome this change; some pain at the top of the market but the revenues will be used to fuel the flames that are needed to make the housing market warm up again, and that is good for carpet sellers, kitchen companies, conservatory sellers, and the raft of businesses that supply products and services to individuals whose expenditure on such items peaks at those times in their life when they move home. With a more active housing market the whole economy will benefit.

Michael Groves

Managing Director

Thornley Groves Estate Agents

 13:12 Wednesday 24^th March 2010.

 michael.groves@thornleygroves.co.uk

If, as is widely predicted, the Chancellor of the Exchequer Alistair Darling scraps stamp duty for all First Time Buyers spending up to £250,000 today, then Thornley Groves Estate Agents have one of the widest selections of properties available in your area.

As at this morning we have 389 properties For Sale priced at or below £250,000, all of which would be exempt from stamp duty for first time buyers, if the measure is introduced in today’s budget.

Search for your perfect Stamp Duty exempt property here www.thornleygroves.co.uk/search-buy   or click search to buy above.

Now let us sell your Property !

There are clear signs of real activity in the Manchester City Centre property Market we listed a great 2 bed apartment in the MM2 development in Manchesters vibrant Northern Quarter and agreed a sale within a week for a figure close to the asking price!

With the news media focussing on repossessions and how sluggish the property market is, it’s refreshing to see that real people – owner occupiers – are able to sell their properties in the current market, and guess what, the buyers are also real people, not buy to let investors but individuals who are buying to own and occupy in the city centre.

There is no denying that prices have dropped from their peak in August 2007 but the market and prices have stabilised and we are now registering more buyers on our database looking to buy, own and occupy than at any time in the last 18 months, buyers know that prices have become more much more realistic and the great mortgage deals that are out there mean that buying a place in the city centre has never been more affordable.

The sale this week of the MM2 apartment in the Northern Quarter highlights the fact that if you have a property you want to sell in the city centre and are willing to be realistic on price, Thornley Groves have the buyers ready willing and able to buy!

If you have a property you want to sell click here http://www.thornleygroves.co.uk/valuation-request/ to arrange a free valuation and marketing advice.

See more info on MM2 http://www.homesonview.co.uk/Scripts/FullDetails.aspx?CID=THORMANC&AID=THGRTIBS&PID=TTP03520