It pays to be first in the queue

It pays to be first in the queue

This week has seen a tranche of house builders reporting substantially improved returns. If further proof were needed of confidence returning to the housing market, housebuilder, Bellway has seen eager buyers establish a tented camp at its latest development in Killingworth Village just north of Newcastle.

32-year old signal engineer, Andy Barrass has pitched camp in the hope of buying plot 13 at Bellway’s Old Killingworth Village development.

“I already live in the area and have sold my old home so am in a great position to buy. If I have to camp here all night to guarantee me getting the home I want that is a small price to pay. I have everything I need – sleeping bag camping stove and a celebratory bottle of wine.”

Andy is after a four bedroom ‘Goodwood’ house type with south facing garden on the market for £325,000.

28 – year old Laura McCallum and her partner are also ready to buy having sold their old three bed home and are after plot 13 a four bedroom detached home.

“We first heard about the development about 18 months ago, I have been driving by the development all this week and once I saw the first tent go up I knew that I had to  follow suit. It may be a long night but it will be worth it.”

Bellway’s site office opens at 10am on Saturday when both Laura and Andy will find out if they will be neighbours.

Rob Armstrong, Sales Director at Bellway, said: “The announcement of the development has generated a huge amount of local interest.  Killingworth Village is a particularly attractive location with a host of amenities on the doorstep including the George Stephenson Senior School which has a 99% pass rate at A-level. The development has been planned to accommodate only 24 four and five bedroom homes which adds to its exclusivity.”

For commuters, Killingworth Manor has excellent road links to the A1 and A19, Newcastle Airport is just nine miles away.

Adding to speculation of improvements in the housing market, the British Bankers’ Association yesterday showed that 38,092 mortgages were approved in January, up by 33% year-on-year – the highest level in two years. The Council of Mortgage Lenders said the FTB rush was responsible for a 10% increase in that month’s mortgage lending.

For more information please call the site sales hotline on 07714411306. The sales office will open on Saturday 25th February.