A New Family Home In East Yorkshire For £850* A Month With Help To Buy
02 Oct 2017

If you are dreaming of a brand new family home, there is now the chance to turn it into a reality in East Yorkshire, where the popular Help to Buy scheme continues to curb the cost of moving.

With a number of four and five-bedroom homes at its developments in Pocklington and Hessle,  Linden Homes East Yorkshire can help buyers get more for their money.

With just a five per cent deposit on one of the development’s four-bedroom detached homes, the monthly mortgage repayments could be £854*

Ideal for families looking to upsize, the Hunsley housetype at Woodland Croft (Hessle) is a beautiful 4 bedroom detached family home with en-suite to the master bedroom. The living room enjoys a bay window, leading from double doors to the kitchen/dining area with bi folding doors onto the garden, utility room. It also comes with integral garage.

Here’s how it works: 

  • H2B is not just for first time buyers, eligible existing homeowners can also benefit.
  • You only need a minimum five per cent deposit
  • The Government will lend you up 20 per cent of the value of your property through an equity loan – interest free for the first five years, which can be repaid at any time, or on the sale of your home.
  • Buyers need only to secure up to a 75 per cent mortgage from a bank or building society.

The Hunsley

  • Purchase price £334,950
  • Five per cent deposit £16,748
  • Govt equity loan £66,990
  • 75 per cent mortgage £251,212
  • Monthly mortgage repayment £854
  • Initial rate 1.39 % fixed for two years
  • Followed by Standard Variable Rate currently 4.49 %Overall cost for comparison 4.0 % APR

 

-ENDS-


* figures correct at Sept 2017 from New Homes Mortgage Helpline, based on selected plots and are subject to change
For further press information please contact Cetti Long at Media Matters on 01733 371363 or email cetti@mediamatters-pr.co.uk

All images are used for illustrative purposes only and are representative only. They may not be the same as the actual home you purchase and the specification may differ. Images may be of a slightly different model of home and may include optional upgrades and extras which involve additional cost. Individual features such as windows, brick, carpets, paint and other material colours may vary and also the specification of fittings may vary. Any furnishings and furniture are not included in any sale. Please check with our sales consultants for details of the exact specifications available at the development(s) for each type of home and the associated prices.