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The Name is Bond - Exchange Bond

Thursday, 04 December 2008 @ 15:00
Exchange Bond

One of the UK’s largest housebuilders is giving James Bond a run for his money by providing a not-so-secret service that allows North West house buyers to secure a home for just £50.

Forget 007’s ‘Quantum of Solace’, McInerney Homes’ partnership with an Exchange Bond will provide a ‘large amount of comfort’ in 009. The year 2009 that is.

The Exchange Bond is a financial guarantee issued and underwritten by the Exchange Insurance Company Ltd, which replaces the cash deposit normally paid by a buyer to a seller on exchange of contracts to secure a property purchase.

McInerney is determined to allow people in North West to secure their dream homes and will even stump up the premium for the Exchange Bond.

That means buyers can secure a new McInerney home in Runcorn, Warrington, Manchester, Oldham, Wigan, Bolton, Blackburn, Darwen, Morecombe, and Wrexham for just £50 before Christmas and McInerney will even cover the mortgage for the first 12 months up to £500 per month.

It would normally cost house hunters £250 to secure their property with McInerney Homes with a further 10 percent of the house value payable on exchange of contracts.

But sales and marketing director for McInerney Homes North West, Stephen Grant, said they are always looking at ways to ensure people can move into new properties and the Exchange Bond scheme is a sure-fire winner.

He said: “In the current economic climate we’ve been looking at ways to lift the gloom for people in the North West who really want to experience the thrill of living in a McInerney home.

“We really are committed to finding the best and most economic ways of structuring payment and this offer has got to be up there with the very best.

“There is no catch. We’ve linked up with a great scheme in Exchange Bond which is simply a financial guarantee that provides a safe alternative to the traditional 10 percent deposit.

“And better still, if people reserve before Christmas we’ll pick up the tab for the Bond on completion meaning people will not have to take out loans or hand over any cash beforehand.”

For further information on this scheme and McInerney’s new home developments please call the sales hotline 01942 768025. Alternatively, log on to www.mcinerneyhomes.com.

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