A New Home In East Yorkshire For Less Than £400 A Month With Help To Buy
20 Sep 2016

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

With a number of two and three-bedroom homes available at the Bradley Meadow development in Market Weighton, 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 two-bedroom semi-detached homes, the monthly mortgage repayments could be only £387.83*

Ideal for fist time buyers or young professionals, the Welton house type boasts modern design with open plan living/dining area, French doors opening onto the garden, separate kitchen and downstairs cloakroom.

A number of Weltons are currently available, with prices starting from £144,950. Based on this figure, the actual price is £115,960 with Help to Buy.

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, and 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 Welton- at a glance:

Two-bedroom home £144,950
Five per cent deposit £7,250
Govt equity loan £28,990
75 per cent mortgage £108,712.50
Monthly mortgage repayment £387.83
Initial rate 1.74 % fixed for two years
Followed by Standard Variable Rate currently 4.49 %
Overall cost for comparison 4.2 % APR

Ideal for first time buyers, professional couples and families, Bradley Meadow currently has a number of two, three and four-bedroom homes available, due for completion between now and January 2017.

Perfectly positioned between the bustling centres of Beverley and York in the heart of the Yorkshire Wolds, the development enjoys the elements of town and country.

The sales and marketing suite is open daily from 10.30am until 5pm. Alternatively contact the sales team on 01430 451 755.

* figures correct at Sept 2016 from New Homes Mortgage Helpline, based on selected plots

-ENDS-

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.