A Spacious Detached Family Home For Less Than £16,500 Deposit
21 Sep 2016

If you are dreaming of a brand new family home – there is now a chance to buy a four-bedroom detached in Leicestershire with just a £16,500 deposit through the Help to Buy scheme.

A range of three, four and five-bedroom homes are currently being built by Linden Homes Midlands at the Mulberry Park development in Hamilton.

The 60-home development off Laverton Road boasts detached and semi-detached properties, perfect for those looking for a first family home, or those wishing to upsize.

And with Help to Buy available, now is the perfect time to get more for your money by reserving a brand new home while curbing the cost of moving,

Among the designs available, and eligible for purchasers through H2B at Mulberry Park is the four-bedroom detached Claremont.

A traditionally styled home, this desirable family property is perfect in which to work, rest and play with study, family area and generously sized kitchen/dining area.

Meanwhile, the garden provides a wonderful space for alfresco dining with friends or relaxing in, as well as a pleasant space for children to enjoy.

The generously sized bedrooms – along with the family bathroom, - are on the first floor, with ensuite facilities to the master bedroom. An attractive and pleasant additional feature to the master bedroom is a dressing area.

And it could be yours 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 Claremont – at a glance:

Four-bedroom home £329,995
Five per cent deposit H2B £16,501
Govt Equity loan £65,999
75 per cent mortgage £247,495
Monthly mortgage repayment £882.95
Initial rate 1.74 % fixed for two years
Overall cost comparison 4.2 % APR
(figs correct as of 20.9.16)

Mulberry Park is perfectly placed just four miles from Leicester city centre, making it an ideal commutable location.

For journeys further afield, Leicester train station offers a fastest journey time of 1 hour 6 minutes into London St Pancras International station. Mulberry Park is also within close proximity to the A47 and M1 for routes north and south.

The sales and marketing suite and show home are open from Thursday to Monday from 10.30am until 5pm. Alternatively contact the sales team on 0116 2145980


-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.